Loan Workout Rel Mgr. IV

KeyBank; Brooklyn (OH); Hybrid; USD 80,000 - 150,000; Full time

Job summary

KeyBank seeks a senior loan workout professional to manage a diverse portfolio of exit and non-performing loans, including SBA and government-guaranteed loans. You will develop and implement workout, restructuring, and liquidation strategies while coordinating with customers, bankers, appraisers, and regulators.

Responsibilities include risk assessment, negotiation, and ensuring compliance, with occasional travel to meet clients and inspect collateral.

Qualifications

• Four to five years of related experience in loan workouts or credit risk.
• Experience with SBA or government-guaranteed loan portfolios is preferred.
• Strong written and oral communication skills required.
• Knowledge of creditors rights, bankruptcy, and collection practices.

Responsibilities

• Manage a loan portfolio including SBA and government-guaranteed loans.
• Develop and implement workout, restructuring and liquidation strategies.
• Negotiate with customers, line of business personnel and other professionals.
• Coordinate with regulators, appraisers, environmental consultants, and real estate brokers.
• Travel periodically to meet with clients or inspect collateral.

Skills

Financial statement analysis

Negotiation

Communication

Credit risk assessment

Regulatory compliance

Education

Undergraduate degree in accounting/finance

High School Diploma

Tools

Microsoft Office

Excel

Job description

Location:1675 Broadway, Denver Colorado· Job Description SummaryManage 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. Shadow accounts on the line that require workout advice. This position reports to a Loan Workout Team Lead and/or the Loan Workout Regional Manager.Job DescriptionManage a loan portfolio including SBA loans and/or other government guaranteed loans 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. Participate in community service activities. Participate in the Quarterly Asset Quality Review process and produce timely documentation as required. Work with bank counsel in a cost effective manner to achieve desired results. Shadow accounts on the line of business which need workout advice.REQUIRED QUALIFICATIONS High School Diploma or equivalent. Four to five years of related experience. Financial statement analysis experience, four to five years. Excellent oral and written communication skills. Proven skills in assessing credit risk. Strong negotiation and interpersonal skills. Expertise in Microsoft office (Office and Excel) operating systems. Bankruptcy/workout experience, five years minimum. Knowledge of commercial credit products and loan documentation. Knowledge of creditors rights, collection practices, and bankruptcy. Knowledge of compliance.PREFERRED QUALIFICATIONS Undergraduate degree in accounting, finance or related field. Knowledge of SBA standard operating procedures and regulations. Working knowledge of Key Bank policies, procedures and 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. Ability to assess risk and negotiate deals with complexity and potential litigation of $1mm and over.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.JOB LOCATION TBDCOMPENSATION AND BENEFITSThis position is eligible to earn a base salary in the range of $80,000.00 - $150,000.00 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.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: 12/09/2026 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 [e-mail].#LI-Hybrid