Commercial Analyst

KeyBank • For Those Who Work At Home, CA, CA

3d • $71,000 - $125,000 • Remote

About The Position

The Commercial Analyst works as part of a relationship team, collaborating to support the bank’s sales and credit functions. The role partners with relationship managers to create prospect and client pitch materials and manages lending processes for relationships with less than $10 million in credit commitments. Responsibilities span sales support, client due diligence, credit approval, loan documentation, portfolio management, and maintaining accurate information in systems of record. Applicants must reside in California. The role is identified as remote in the posting, while KeyBank describes its workplace approach as prioritizing in-office presence and offering flexible options when work can be performed effectively in a mobile environment.

Requirements

• Bachelor’s degree in Business, Finance, or a related field.
• At least 2 years of commercial banking experience, including credit structuring and analysis, sales functions, risk assessment, knowledge of commercial banking products, services, and technology, or accounting.
• At least 2 years of experience in Credit Structuring and Financial Analysis.
• Ability to manage workflow and complex commercial banking deals.
• Ability to manage stress and competing priorities.
• Proficiency in Microsoft Word, Excel, and PowerPoint.
• Ability to meet timelines and perform multiple tasks.
• Business acumen.
• Oral and written communication skills.
• Analytical thinking.
• Risk management skills.
• Applicants must reside in California.
• Ability to occasionally operate a motor vehicle with a valid driver’s license.

Nice To Haves

• At least 2 years working in Commercial Middle Market Credit Structuring and Financial Analysis.
• At least 2 years of Commercial Middle Market Underwriting and Financial Analysis.
• Formal credit training is strongly preferred.
• Familiarity with applicable systems, which may include Key proprietary systems such as Salesforce, nCino, and SharePoint.

Responsibilities

• Work with relationship managers, loan closers, and underwriters to identify and respond to client requirements for credit commitments under $10 million.
• Create pitch materials for all prospects and clients, regardless of credit commitment amount.
• Lead or participate in due diligence meetings to understand clients’ businesses, management teams, and industry sectors.
• Review loan requests under $10 million in credit commitments, determine required business documents and financial statements, and collect and upload materials to Salesforce, using the bank’s secure document collection portal as appropriate.
• Complete lending tasks, including requesting and reviewing financial statement spreads and preparing Return on Equity (ROE) analyses.
• Prepare preflight memoranda for deal-team discussions, focusing on the accuracy of loan request details.
• Enter new loan requests, renewals, and modifications in nCino and submit them for underwriting.
• Review final credit approval memoranda for accuracy and coordinate with loan closers or outside counsel on loan documentation.
• Review loan documentation to ensure terms match the credit approval memorandum, including interest rates and covenant definitions.
• Ensure waiver, amendment, and extension requests are properly approved and saved.
• Work with the Credit Surveillance team to ensure interim and annual relationship reviews are completed accurately.
• Conduct annual portfolio data integrity reviews to verify that systems of record accurately reflect risk ratings, loan booking data, and other borrower information.
• Identify deteriorating credits and other potential credit concerns proactively, and communicate concerns to risk partners.
• Work with bank examiners and internal credit reviewers to validate credit quality and the integrity of the credit process.
• Manage client relationships proactively, including collecting borrower financial statements on time, ensuring loans and lines are renewed or extended promptly, and addressing internal risk-rating findings.
• Assist in training and developing new Commercial Analysts.
• Perform other duties as assigned; duties, responsibilities, and activities may change or new ones may be assigned at any time, with or without notice.
• Comply with KeyBank policies and procedures, including acting professionally and ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Benefits

• The role is eligible for incentive compensation, which may include production, commission, and/or discretionary incentives.
• The posting refers to a list of benefits for which the position is eligible but does not specify the benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level