Location:

11501 Outlook Street - Overland Park, Kansas 66211

JOB DESCRIPTION

Under the direction of the Cash Managment Supervisor, the person in this position will be responsible for collecting and reviewing all compliance in accordance with the KeyBank, FINCEN Banking regulations and internal compliance policies for restricted bank accounts and new servicing clients.  In addition, the administrator will be responsible for the establishment of Controlled Bank Accounts and onboarding into our system of record.

ESSENTIAL JOB FUNCTIONS

Responsible for providing superior client service while independently maintaining risk management, compliance with bank policies and regulatory requirements, and adhering to internal procedures and controls.Understand/comprehend and interpret Borrowing Entity documents for compliance requirementsReview Loan Documents to decide the specific account requirementsReview, communicate, and setup of new Restricted Bank Accounts in system of record Communicate with closing attorneys, clearing bank personnel and other customers to insure account information is properly disseminated and account structure is understood.Facilitate the opening and maintenance of new accounts and establishment of services (i.e. Lockbox, Online access, Remote Deposit) with various departments and banks to match the needs dictated by the applicable loan documents.Provide advice, oversight and assistance to management in identifying, managing and escalating Risk issues.

MARGINAL OR PERIPHERAL FUNCTIONS

Assist other Internal Accounting Departments as required.Assist peers in reconcilement issues/questions as requested.Participate in special projects as needed, i.e. participate in the testing phase of upgrades, enhancements to the system.Participate in team development and team building

REQUIRED SKILLS

Strong knowledge of Borrower Ownership structuresB.S. in Accounting, Finance or related business field and/or comparable experienceExcellent written/verbal communication skills, as well as a high degree of analytical skills.Excellent organizational skills, with ability to efficiently handle multiple tasks and deadlines.Demonstrated organization, prioritization/detail-orientation skillsDemonstrated ability to work independently with minimal supervision.

PREFERRED SKILLS

Paralegal training, law degree and/or LPO license preferredMinimum 1-2 years experience in commercial mortgage real estate lendingExperience in understanding various legal documents associated with commercial loansTeam oriented and flexibleAbility to drive multiple parties and processes in a high-volume environmentProactively share your knowledge to help others develop and improve the performance of the team.

EQUIPMENT USED

Personal Laptop Computer with Dual MonitorsStandard office equipment (phone, calculator, printer/scanner/copier)

TRAINING PROVIDED

On-the-JobDesignated continuing education and related courses throughout the year (35 hours minimum annually)

Job Posting Expiration Date: 06/27/2025

KeyCorp 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, disability or veteran status.

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.