Sr. Account Manager - Specialty Finance Lending

Location

1000 South McCaslin Boulevard, Superior Colorado

The position will be responsible for managing a portfolio of loan facilities associated with the Specialty Finance Lending ("SFL") portfolio, as assigned by the SVP Head of Originations, and will include facilitating a range of operational activities relating to the on-going management; risk monitoring; loan administration; account maintenance; and customer service. Job responsibilities will involve taking a lead role on variety of operational activities (based on prior experience and skill level) and a supportive role on some business development activities in collaboration with the SFL business development team.

The operational activities will include facilitating and managing due diligence, transaction documentation, loan closing & booking, advances/paydowns, interest and fee accruals and settlements; loan covenant and borrowing base compliance; performance monitoring; monthly servicer report reviews, account maintenance; drafting & submitting credit proposals; general troubleshooting as necessary; direct interfacing with clients and co-lenders; and some business development activities associated with existing clients and new business opportunities.

• The candidate for this position is expected to develop a thorough knowledge and understanding of the client's business, as well as the loan structure and operational mechanics of each assigned loan facilities so as to act as the primary client & investor interface relating to the pre- and post-close activities, including but not limited to the following:
  • Loan documentation preparation;
    Loan closing & boarding
  • Borrowing Base/Monthly Servicer report preparation
  • Periodic review and analysis of borrowing base and servicer reports;
  • Review & approval of period Advance/paydown requests
  • Periodic (monthly/weekly) settlement of principal, interest, and fees with client and investors;
  • Coordinating and preparing loan facility renewals; amendments & waivers; periodic audits; requests for increases in facility exposures; and other tasks assigned by the SFL Operations Manager.
• Assist the SFL Sale Personnel, in a lead or supportive role, in developing and implementing the appropriate strategy for closing and managing loan activity associated with either amendments; renewals; waivers; as well as other facility changes for new and existing customer accounts.
• Assume a lead role in coordinating and managing all on-going account management activities in collaboration with personnel from various internal departments, as well as several external entities, including (but not limited to):
  • Internal Departments: SFL Originations Teams; SFL Sales;
    Pricing; SFL Underwriting/Portfolio Management; SFL Syndications;
    Key Bank KTO/Loan Servicing;
    Key Bank Derivatives Dept.;
    Key Bank Electronic Commercial Payments (ECP), and various other departments within Key Bank.
  • External Parties:
    Borrowers/Clients;
    Co-Lender Banks;
    External Counsel;
    Back-up Servicers;
    Custodians and Collateral Trustees; and Third-party Auditors.
• Participate in various pre- and post-closing due diligence tasks relating to new and existing finance facilities, including:
  • coordinating and developing detailed due diligence scopes and agendas; completing and reviewing annual audits; and preparing summary due diligence and annual audit reports for management.
  • Communicate all audit results to management and advise accordingly as to any current or potential issues or areas of potential operational and/or credit risk.
• Help facilitate the underwriting process of new and existing customer accounts by collecting and analyzing operating;financial; and market data/information on the client and portfolio as requested by SFL Underwriting & Credit. This includes completing and submitting various credit underwriting support documents, as requested by management, to SFL Underwriting & Credit for final decisioning.
• Collaborate with various SFL; and other Key Bank departments and personnel to manage and complete all legal documentation; closing and post-closing account administrative activities for both new and existing finance/loan facilities, including (but not limited to):
  • Coordinate, draft and close various new transactions; renewals, loan increases, amendments, waivers, and modifications on existing loan facilities.
  • Process and facilitate various other Client requests as requested, including the structuring, pricing and submitting of completed credit packages to SFL Underwriting for decisioning,
  • Coordinate drafting, review, and execution of legal documentation loan & security agreements; trust agreements; custodian agreements; depository account control agreements; servicing agreements; etc.
  • Coordinate closing and funding procedures, as well as periodic advance requests on assigned loan facilities.
  • Assist in establishing and managing lockbox structures, DDA accounts; as well as collateral and cash management procedures.
  • Develop and prepare post-closing Account Management Plans…