Full-Time

Underwriting Analyst

FHA

Updated on 9/12/2026

Deadline 9/18/26
KeyBank

KeyBank

1,001-5,000 employees

Provides banking, loans, and financial services

Compensation Overview

$69k - $105k/yr

+ Incentive compensation + Production incentives + Commission + Discretionary incentives

Cleveland, OH, USA + 2 more

More locations: Dallas, TX, USA | Columbus, OH, USA

In Person

On-site work is required from a KeyBank office in Cleveland, Columbus, or Dallas.

Bachelor's, MBA

Category
Finance & Banking (1)
Required Skills
Financial analysis
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

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Requirements
  • A bachelor's degree is required in finance, accounting, business administration, economics, or real estate.
  • At least 2 years of experience is required in finance, accounting, real estate, investment banking, or consulting, including real estate finance.
  • Demonstrated high proficiency in Excel and PowerPoint, including experience with complex spreadsheets, is required.
  • Strong quantitative and analytical skills and the ability to interpret financial data from multiple computer systems are required.
  • The ability to synthesize and analyze large amounts of data and communicate relevant findings is required.
  • A demonstrated analytical approach to problem solving and high attention to detail are required.
  • The ability to work in a fast-paced environment with a sense of urgency is required.
  • The candidate must be proactive and goal-oriented and able to work independently.
  • Strong organizational skills and the ability to handle multiple tasks simultaneously are required.
  • A consultative, service-oriented mindset is required.
  • Outstanding oral communication, written communication, and presentation skills are required.
Responsibilities
  • Provide high-level qualitative and quantitative analysis of FHA Healthcare transactions.
  • Collaborate with and support Lean underwriters, closers, and originators for the FHA Healthcare group.
  • Prepare deliverables in Excel, Word, and PowerPoint, including financial analyses, narrative summaries, corporate reviews, and organizational charts.
  • Develop internal and external relationships to facilitate effective real estate transactions and support the line-of-business strategy.
  • Follow established processes and procedures for underwriting real estate transactions.
  • Work with underwriters, senior underwriters, and originators to analyze deals and determine whether they appear financially feasible under HUD rules before formal client application submission.
  • Collect and organize exhibits for pre-application and firm application packages for HUD/FHA review.
  • Complete HUD forms for pre-application and application submissions.
  • Drive analyzed and processed transactions to timely completion.
  • Identify and assess transaction risks, document them in accordance with credit approval, and elevate deviations to help manage portfolio risks.
  • Maintain productive partner relationships through collaboration and timely disclosure of transaction risks.
  • Complete compliance requirements related to each transaction.
  • Provide industry, market, business, and quantitative analysis support.
  • Perform ad hoc strategic and financial reporting.
  • Recommend process efficiencies and improvements.
  • Work on special projects as assigned.
Desired Qualifications
  • An MBA is preferred.
  • Proficiency in business intelligence tools is preferred.
  • Previous experience in the commercial real estate permanent lending industry is preferred, particularly experience with CMBS, life insurance lending programs, Fannie Mae DUS, Freddie Mac programs, or FHA.

KeyBank provides a full range of banking services for individuals, small businesses, and commercial clients across the United States. It offers checking and savings accounts, credit cards, mortgages, loans, and other financial products. Customers use these products by making deposits, borrowing money, or using credit in everyday life; the bank earns interest on loans, fees for services, and commissions on products. KeyBank differs from many rivals by offering a wide geographic footprint and a focus on tailored financial solutions plus tools to improve financial wellness, such as budgeting resources and planning guidance. Its goal is to help clients reach financial milestones—like buying a home, paying down debt, or saving for the future—through a comprehensive set of services.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Massachusetts

Founded

1824

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 C&I loans rose $2.1 billion sequentially, signaling strong lending demand.
  • Investment banking pipelines, commercial payments, and wealth all grew in first-half 2026.
  • Chris Doll joined August 31, 2026, sharpening strategy execution ahead of Clearwater closing.

What critics are saying

  • Key Bank’s August 2026 South Bend lawsuit alleges customer poaching and confidential-data misuse.
  • July 2026 NII missed estimates; net interest margin still trails larger regional banks.
  • Branch consolidations in California and elsewhere erode local deposits before digital replacements arrive.

What makes KeyBank unique

  • KeyBanc Capital Markets paired with 950 branches serves middle-market clients nationwide.
  • KeyCorp’s July 2026 Clearwater UK deal expands advisory reach into Western Europe.
  • Commercial banking plus wealth management created $74 billion AUM and cross-sell depth.

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Benefits

Medical, dental, & vision

Wellness Programs

Fitness Reimbursement

Alternative Work Schedules

PTO

Parental Leave

401(k) Savings Plan

Discounted Stock Purchase Plan

Tuition Reimbursement

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
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