[Hiring] Credit Review Associate @KeyBank

Role Description

Credit Risk Review (CRR) is considered part of the second line of defense. CRR is accountable to the organization’s Chief Risk Officer and KeyCorp Board of Directors and is responsible for performing the organization’s loan review function. This is accomplished through completion of an annual review plan, which may include both periodic and continuous file review.

• The CRR team is responsible for ensuring accurate and timely risk ratings to assess the credit quality and identification or confirmation of problem credit exposures.
• The team is accountable for providing an objective, independent and timely assessment of the overall quality of the loan portfolio.
• The team evaluates the activities of lending personnel and management, including compliance with lending policies and the quality of their loan approval, monitoring, and risk assessment.
• The team performs continuous loan review and monitoring including interaction with Line of Business executives and Credit Risk Management to identify potential shifts in credit risk.

The Credit Review Associate will work with a team of reviewers to:

• Conduct individual credit file reviews to assess the quality of underwriting and portfolio management activities of the lending relationship.
• Independently validate and, if necessary, adjust the risk ratings.
• Perform active, dynamic, and comprehensive credit risk intelligence with the ability to leverage insights to determine loan sample selection.
• Identify loans with potential or well-defined weaknesses.
• Perform timely and comprehensive analysis to identify trends that affect the quality of the loan portfolio and potential problem areas.
• Assess the adequacy of and adherence to internal credit policies and procedures and monitor compliance with applicable laws and regulations.
• Maintain an up-to-date working knowledge of credit review methodologies and regulatory expectations.

During a credit risk review, the Credit Review Associate will:

• Conduct reviews of credit portfolios.
• Provide appropriate review and challenge.
• Write reports of conclusions and recommendations resulting from the reviews.
• Collaborate with other team members.
• Participate in special projects and complete ongoing credit risk intelligence activities and related training.

Qualifications

• Bachelor's Degree (preferred)
• Master's Degree (preferred)
• 3+ years of relevant credit experience (required)
• Credit review experience (preferred)
• Credit Risk Certification (CRC) (preferred)
• Moody’s Analytics Certificate in Commercial Credit (CICC) (preferred)

Requirements

• Ability to build and maintain strong relationships with individuals across all lines of defense.
• Strong communication skills to ensure perspectives are clearly and timely conveyed.
• Strength in making challenging decisions based on information available to ensure processes can move forward.

Benefits

• This position is eligible to earn a base salary in the range of $71,000.00 - $125,000.00 annually.
• Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location.
• Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Company Description

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [email protected].