Asset Manager II - Special Servicing

Location:

• Responsible for the management and disposition of most complex assets including loan workout responsibilities of an assigned portfolio, which may contain performing or non-performing CMBS loans and REO, Section 42 Low Income Housing Tax Credit properties, Private Equity Group mezzanine loans, and other asset classes: in an effort to maximize the goals and objectives for the portfolio. Position may require supervision of asset management staff.

• Develop and implement an approved asset management strategy for assigned portfolio, including business plans and case preparation within portfolio assigned timeframes.
• Correspondence and negotiations with borrowers, guarantors and/or their representatives and LIHTC partnership representatives.
• Completion of various internal and external reports for portfolio management. As necessary, maintain the portfolio records and files, including the system of record.
• Evaluate, recommend and monitor the performance of third-party vendors and subcontractors.
• Preparation of financial analysis for various management and disposition strategies.
• Travel as required. Meet with the borrowers, guarantors, property managers, brokers, attorneys and site inspectors, etc.
• Review asset files of the portfolio as necessary to obtain pertinent asset information.
• Possible supervision of staff.

• Assists in the oversightwith training of less experienced staff members in sound collection and workout practices.

• Possess college degree or equivalent job-related experience.
• Possess basic computer literacy.
• Possess at least five (5) years relevant experience in real estate law and /or financial services.

PERFROMANCE SKILLS:

• Decision Making and Problem Solving: Able to take action in solving problems while exhibiting judgement and a realistic understanding of issues; able to use reason, even when dealing with emotional topics.
• Spoken Communications: Able to clearly present information through the spoken word; influence or persuade others through oral presentation in positive or negative circumstances; listen well.
• Written Communications: Able to write clearly and effectively present ideas and to document activities; to read and interpret written information.
• Commitment to Task: Able to start and persist with specific courses of action while exhibiting high motivation and a sense of urgency; willing to commit extra hours if needed to reach goals.
• Creativity: Able to develop unique and novel solutions to problems; use intuition and a new way of thinking to give birth to new ideas; to present information in an attention getting and interesting manner.
• Leadership: Able to influence the actions and opinions of others in a desired direction; to exhibit judgement in leading others to worthwhile objectives.

• Special Servicing experience with Commercial Mortgage-Backed Securities.

• PC
• Telephone
• Fax
• Copier

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

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 HR_Compliance@keybank.com.