Loan relationship manager

Location:

127 Public Square, Cleveland Ohio

ABOUT THE JOBThe Sr. Loan Workout Relationship Manager is the most senior level specialized account manager position. This position is responsible for managing a portfolio of accounts with high levels of complexity and will lead all workout activity for assigned accounts. Individuals at this level are fully experienced, qualified workout professionals capable of independently managing large and complex accounts, including highly structured lending arrangements and Agented or Participant loan facilities.

ESSENTIAL JOB FUNCTIONS
Manage a loan portfolio to mitigate risk with deals consisting of multiple loan types offered by Key Bank and with unlimited complexity and potential for adversarial litigation. Relationships will include accounts with aggregate balances generally above $25MM.
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.
Exercise individual delegated approval authority or recommend to higher level approval authority for modifications, payment deferrals, or other actions to resolve assigned accounts
Adhere to department and corporate guidelines, policies and compliance procedures.
Maintain constructive interaction with clients, work colleagues, lines of business and bank regulators.
Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans.
Work with bank counsel in a cost-effective manner to achieve desired results.
Support departmental continuous improvement efforts.
Periodically travel to meet with clients or view collateral.
Participate in the Quarterly Asset Quality Review process and produce timely documentation as required.
Shadow accounts on the line of business which need workout advice.
Manage and recommend commercial assets for non-accrual or charge-off disposition as appropriate.
Performs other duties as assigned.
Complies with all KeyBank policies and procedures.

REQUIRED QUALIFICATIONS
Bachelor’s degree (Business, Finance, or Economics preferred).
Min.10 years commercial credit experience (e.g. underwriting, credit risk management, workout, commercial banker)
Demonstrated experience in commercial loan workouts
Demonstrated regulatory knowledge, understanding and ability to apply accounting, banking laws, required rules and regulations, credit policy, and risk-rating requirements necessary.
Demonstrated ability to conduct in-depth financial statement analysis required.
Demonstrated leadership ability.
Demonstrated strong organizational skills.
Demonstrated ability to meet multiple deadlines and manage a variety of projects with deliverables.
Strong problem-solving skills and focus on implementing solutions.
Ability to quantify risks and perform objective analyses.
Ability to work independently and in teams to resolve issues and solve problems.
Competent in standard office productivity programs (MS Excel, Word, and PowerPoint).
Strong written and verbal communication skills.

Preferred locations for this role are Cleveland, Albany, Buffalo, or Denver. Strong remote candidates based in other U.S. locations may be considered.

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $112,000 to $150,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.
Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 11/16/2025

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, disability or veteran status.
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].

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