Commercial Workout Analyst

Location:

4224 Ridge Lea Road - Amherst, New York 14226

Qualified candidates must report to the office 1 day per week at either the Brooklyn, OH (Tiedeman) or Amherst, NY (Ridge Lee) location.

There are multiple openings for this position

JOB BRIEF (PURPOSE)

Assist in the management of a portfolio of pass rated “exit,” criticized, classified, non-performing and or charged off credit relationships.  Minimize charge-offs and maximize recoveries by collaboratively developing and implementing cogent workout, restructuring and/or exit plans.  Develop positive relationships with customers, line of business personnel and internal and external professionals.  Negotiate skillfully, fairly and ethically with customers and other constituencies.  Communicate clearly.  Adhere to all corporate compliance guidelines.  This position reports to the Commercial Workout Manager.

 

ESSENTIAL JOB FUNCTIONS

• Manage and/or assist in the management of a loan portfolio including SBA loans and/or other government guaranteed loans to mitigate risk, consisting of deals with aggregate balances equal to or less than $250,000 with moderate complexity and potential for adversarial litigation. 
• Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk, quantify repayment capacity, consider the adequacy of repayment sources and/or estimate recovery potential.
• Develop, recommend and implement workout/liquidation strategies for problem loans including past due, underperforming, non-performing, and charged-off loans to mitigate risk and maximize recovery.
• Adhere to department and corporate guidelines, policies and compliance procedures.
• Maintain constructive interaction with regulators.
• Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans.
• Support departmental continuous improvement efforts.
• Periodically travel to meet with clients or view collateral. 

 

REQUIRED QUALIFICATIONS

• High School Diploma or equivalent.
• One to two years of related Commercial or Default experience.
• Good oral and written communication skills.
• Basic skills in assessing credit risk.
• Strong negotiation and interpersonal skills.
• Expertise utilizing Microsoft Office (Word and Excel) operating systems.

 

PREFERRED QUALIFICATIONS

• Undergraduate degree in accounting, finance or related field.
• Financial statement analysis experience, one to two years.
• Bankruptcy/workout experience.
• Knowledge of SBA standard operating procedures and regulations.
• Knowledge of commercial credit products and loan documentation.
• Knowledge of creditors rights, collection practices, and bankruptcy.
• Knowledge of compliance.
• Knowledge of Bank regulations.

 

COMPETENCIES/SKILLS

• Provide timely and accurate reporting.
• Ability to meet deadlines.
• Prepare concise and complete write ups.
• Ability to follow all relevant compliance procedures.

 

EQUIPMENT USED/PHYSICAL REQUIREMENTS

• Personal Computer, facsimile machine, photocopier, and related office equipment and tools.

 

TRAINING REQUIRED

• Systems/database training as needed.
• On the job training.

 

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles requir