Underwriting Analyst – Fannie​/Freddie Underwriting, Commercial Mortgage Group

Underwriting Analyst – Fannie/Freddie Underwriting, Commercial Mortgage Group

Location: 127 Public Square, Cleveland, Ohio

The Underwriting Analyst provides high-level quantitative and strategic support to the Fannie Mae and Freddie Mac Underwriting teams within the Commercial Mortgage Group. The role is integral to multifamily real‑estate transactions, preparing deliverables in Excel, Word and PowerPoint, participating in site inspections, and contributing to transaction management.

• Actively contribute analytical insights, market intelligence, and innovative ideas to support the underwriting team’s financial objectives.
• Cultivate internal and external relationships to facilitate effective real‑estate transactions aligned with CMG’s strategic goals.
• Consistently follow established underwriting protocols for Fannie Mae and Freddie Mac transactions to ensure diligence, efficiency, and compliance.
• Assist in preparing exhibits and forms for Agency submissions when applicable.
• Serve as the driver of assigned transactions, ensuring timely completion and proper documentation of risks in accordance with credit approval standards.
• Maintain transparent and collaborative relationships with all stakeholders, ensuring full disclosure of transaction risks.
• Complete all compliance‑related requirements for each transaction to mitigate risk.

• Provide industry, market, and business analysis, including ad‑hoc financial reporting and strategic insights.
• Engage in continuous improvement initiatives and recommend process efficiencies.
• Participate in special projects as assigned.
• Maintain an on‑site presence at the designated Key Bank location five days per week.

• Bachelor’s degree, preferably in Finance, Accounting, Business Administration, Economics, or Real Estate.
• Advanced proficiency in Microsoft applications such as Word and Excel, including experience with complex financial models.
• Strong quantitative and analytical skills with the ability to interpret financial data across multiple platforms.
• Ability to synthesize large datasets and communicate findings effectively.
• High attention to detail and analytical problem‑solving capabilities.
• Experience operating in a fast‑paced environment with a proactive and goal‑oriented mindset.
• Strong organizational skills and ability to manage multiple tasks concurrently.
• Consultative and service‑oriented approach.
• Excellent oral, written, and presentation communication skills.

• MBA or equivalent advanced degree.
• Familiarity with business intelligence tools.
• Prior experience in commercial real‑estate lending, particularly with CMBS, life insurance programs, Fannie Mae DUS, Freddie Mac, or FHA lending platforms.

• Standard office equipment including PC, copier, scanner, and financial calculator.

This position is eligible to earn a base salary in the range of $69,000.00 - $ annually. Placement within the pay range may differ based on skills, experience, and geographic location. Compensation also includes eligibility for incentive compensation which may include production, commission and/or discretionary incentives.

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

Key has implemented an approach to employee work spaces which prioritizes in‑office presence while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 01/20/2026.

Key Corp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

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