Underwriter Analyst, CDLI

Location:

• Support Relationship Managers in structuring, pricing, and modeling new affordable housing and community development debt and equity opportunities. Deals are typically structured with Low Income Housing Tax Credit (LIHTC) or other public financing sources.
• Complete, update, and maintain deal level financial projections and preflight analysis prior to issuing an LOI/Term Sheet.
• Perform initial risk analysis to evaluate potential investments against Investment Guidelines and draft the Transaction Analysis and draft preflight memo.
• Assist the Relationship Manager to address preliminary risk and financial questions from the Team Leader and revise preflight memo for Credit review.
• Actively participate on Credit review meetings and take notes during the meeting and address any follow-up questions.
• Assist Relationship Managers with maintaining, monitoring, and managing new pipeline and call activity within Salesforce and AIM.
• Coordinate with Syndications team to answer investor questions and prepare the preflight analysis for investor distribution when necessary.
• Draft initial LOI/Term Sheet.
• Work with the Relationship Manager to get LOI/Term Sheet signed, noting variances, and making updates to financial projections based on changes to terms.
• Upon execution of an LOI/Term Sheet transition deal and deal files to assigned Underwriting/Closing deal team.
• Support Relationship Managers, Underwriters, and Syndication Fund Managers with ongoing requests, information gathering, reporting, etc.
• Perform independent analysis to support transactional, regional, or national business development growth and strategy (ex. market analysis, client financial analysis, portfolio performance analysis, etc.)
• Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
• Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.

• Bachelor's Degree in accounting, finance, real estate, or related field preferred; equivalent experience will be considered (preferred)

• 1-3 years of financial analysis, tax credit investment, commercial real estate finance, community development, and/or project development related experience highly preferred ()
• Demonstrated independent risk analysis, transaction modeling, and financial analysis experience, preferably in an affordable housing or commercial real estate credit environment (preferred)

• Strong analytical skills and proficiency in Excel
• Strong organizational skills with the ability to prioritize conflicting demands and meet deadlines
• Excellent written and verbal communication skills
• Ability to function well in a team environment as well as work independently

All KeyBank employees are expected to demonstrate Key's Values and sustain proficiency in identified Leadership Competencies.

• General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

• Occasional travel to include overnight stay.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $75,000 to $90,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

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.