Commercial Analyst

KeyBank • Toledo, OH

3d • $71,000 - $125,000 • Hybrid

About The Position

The Commercial Analyst is part of a relationship team and works collaboratively to support the bank’s sales and credit functions. The role partners with relationship managers to create pitch materials for prospects and manages lending processes for relationships with less than $10 million in credit commitments. Responsibilities include supporting the sales team, conducting client due diligence, managing credit approvals, and maintaining the timeliness, quality, and integrity of lending documentation and system-of-record information.

The Commercial Analyst also supports ongoing portfolio management, monitors credit quality, works with internal and external credit reviewers, and assists with training new Commercial Analysts. The position is based at 300 Madison Avenue in Toledo, Ohio. Key prioritizes in-office presence while 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, and knowledge of commercial banking products, services, and technology.
• 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, analytical thinking, and risk management skills.
• Ability to occasionally operate a motor vehicle with a valid driver’s license.

Nice To Haves

• At least 2 years of experience in Commercial Middle Market Credit Structuring and Financial Analysis.
• At least 2 years of experience in Commercial Middle Market Underwriting and Financial Analysis.
• Formal credit training.
• 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 as a deal-team member to identify and respond to client requirements for credit commitments under $10 million.
• Create pitch materials for 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 to identify required business documents and financial statements; collect and upload materials to Salesforce, using the bank’s secure document collection portal as appropriate.
• Complete lending tasks such as requesting and reviewing financial statement spreads and preparing Return on Equity (ROE) analyses.
• Prepare preflight memos for deal-team discussion, focusing on accuracy of loan request details.
• Enter new loan requests, renewals, and modifications in nCino and submit requests for underwriting.
• Review final credit approval memos for accuracy and coordinate with loan closers or outside counsel on loan documentation.
• Review loan documents to confirm that terms match the credit approval memo, including interest rates and covenant definitions.
• Ensure waiver, amendment, and extension requests are properly approved and saved.
• Coordinate with the Credit Surveillance team to ensure interim and annual relationship reviews are completed accurately.
• Perform annual portfolio data-integrity reviews to verify that Salesforce, nCino, Hogan, LIQ, and other systems accurately reflect risk ratings, loan-booking data, and borrower information.
• Identify deteriorating credits and other potential credit concerns proactively and communicate them 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, ensuring loans and lines are renewed or extended on time, and ensuring internal risk-rating findings are remediated and managed.
• Assist in training and developing new Commercial Analysts.
• Perform other duties as assigned; duties, responsibilities, and activities may change or be added 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 clients and Key.

Benefits

• Eligible for incentive compensation, which may include production, commission, and/or discretionary incentives.
• Eligible for benefits; specific benefits are not listed in the posting.

What This Job Offers

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