Loan Workout Rel Mgr. IV

KeyBank • Denver, CO

19h • Hybrid

About The Position

Manage 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 workout, restructuring, and exit plans. Build positive relationships with customers, line-of-business personnel, and internal and external professionals; negotiate fairly and ethically; communicate clearly; and follow corporate compliance guidelines. Provide workout advice on accounts retained by the line of business.

The role manages a portfolio that may include SBA and other government-guaranteed loans, with moderate complexity and potential for adversarial litigation. It includes analyzing loan and borrower information, developing and implementing workout or liquidation strategies, working with regulators and other professionals, supporting continuous improvement, and periodically traveling to meet clients or view collateral. The position reports to a Loan Workout Team Lead and/or the Loan Workout Regional Manager.

The position is based at 1675 Broadway in Denver, Colorado. Key prioritizes in-office presence while providing flexible options when roles can be performed effectively in a mobile environment. This role is eligible for a base salary of $80,000–$150,000 annually, with possible incentive compensation. The posting refers applicants to a separate benefits list for eligible benefits.

Requirements

• High school diploma or equivalent.
• Four to five years of related experience.
• Four to five years of financial statement analysis experience.
• Five years minimum of bankruptcy/workout experience.
• Excellent oral and written communication skills.
• Proven ability to assess credit risk.
• Strong negotiation and interpersonal skills.
• Expertise with Microsoft Office, including Office and Excel operating systems.
• Knowledge of commercial credit products and loan documentation.
• Knowledge of creditors’ rights, collection practices, and bankruptcy.
• Knowledge of compliance.
• Ability to follow relevant compliance procedures.
• Ability to assess risk and negotiate complex deals involving potential litigation of $1 million and over.

Nice To Haves

• Undergraduate degree in accounting, finance, or a related field.
• Knowledge of SBA standard operating procedures and regulations.
• Working knowledge of KeyBank policies, procedures, and regulations.

Responsibilities

• Manage a portfolio of pass-rated exit, criticized, classified, non-performing, and charged-off credit relationships, including SBA and other government-guaranteed loans.
• Review and analyze loan documentation, financial statements, and other loan and borrower information to assess risk, repayment capacity, repayment sources, and recovery potential.
• Develop, recommend, and implement workout and liquidation strategies for problem loans to mitigate risk and maximize recovery.
• Adhere to department and corporate guidelines, policies, and compliance procedures.
• Maintain constructive interactions with regulators.
• Work with appraisers, environmental consultants, auctioneers, real estate brokers, property managers, and other professionals to maximize returns on collateral-secured loans.
• Support departmental continuous improvement efforts.
• Periodically travel to meet clients or view collateral.
• Participate in community service activities.
• Participate in the Quarterly Asset Quality Review process and produce timely documentation.
• Work with bank counsel cost-effectively to achieve desired results.
• Provide workout advice on accounts held by the line of business.
• Provide timely and accurate reporting, meet deadlines, and prepare concise and complete write-ups.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED