KeyBank
Underwriting Team Leader - Community Development Lending and Investment
KeyBank, Denver, Colorado, United States, 80285
Underwriting Team Leader - Community Development Lending and Investment
Join to apply for the
Underwriting Team Leader - Community Development Lending and Investment
role at
KeyBank Underwriting Team Leader - Community Development Lending and Investment
1 day ago Be among the first 25 applicants Join to apply for the
Underwriting Team Leader - Community Development Lending and Investment
role at
KeyBank BRIEF (PURPOSE)
Key Bank Community Development Lending and Investment (CDLI) is looking for an experienced community development leader to join our growing team. The Underwriting Team Leader will lead a team of Sr. Underwriters, Underwriting Project Managers, and Underwriting Associates responsible for analyzing and closing Affordable Housing real estate debt and equity transactions. The individual will provide direct oversight and leadership to a regional-based Underwriting team to maintain consistent underwriting processes, to manage balanced workflow, and to assist with complex transactional or client matters. Location:
1675 Broadway - Denver, Colorado 80202
JOB
BRIEF (PURPOSE)
Key Bank Community Development Lending and Investment (CDLI) is looking for an experienced community development leader to join our growing team. The Underwriting Team Leader will lead a team of Sr. Underwriters, Underwriting Project Managers, and Underwriting Associates responsible for analyzing and closing Affordable Housing real estate debt and equity transactions. The individual will provide direct oversight and leadership to a regional-based Underwriting team to maintain consistent underwriting processes, to manage balanced workflow, and to assist with complex transactional or client matters.
The Underwriting Team Leader will be a key leader within the CDLI business line helping to drive business growth and risk management best practices as a collaborative partner with regional Production leaders, Asset Management leaders, Syndication leaders, and business line Credit Officers. The individual will also partner closely with critical enterprise stakeholders including Loan Servicing, Commerical Mortgage, Compliance, and Finance.
The Underwriting Manager must have significant experience closing, originating and/or managing risk associated with Low Income Housing Tax Credit (LIHTC) equity investments and community development debt products. Additionally, the individual will be responsible for building and leading a diverse, equitable, and inclusive team through ongoing professional development and talent management.
Essential Job Functions
Lead a regional underwriting team of 5-8 individuals to ensure high-quality, risk-based underwriting and analysis of debt and equity Affordable Housing and Community Development transactions and sponsors. Review underwriting packages and real estate/LIHTC financial modeling to facilitate Line of Business and Credit approval and closing of new transactions. Consult on deal structuring, pricing, profitability, and risk analysis of new community development opportunities. Support and influence the deal team (Relationship Manager, Underwriter, Asset Manager, Closing Officer, Syndication) to solve complex financing and deal structuring situations while balancing risk metrics and customer expectations. Manage regional pipeline and deal assignments to monitor team capacity and support workflow throughout the underwriting and closing process. Provide accountability for clear and timely communication of deal progress to internal and external stakeholders. Support implementation of innovative underwriting, data analytics, technology, and continuous improvement tools and process improvements. Develop and maintain Underwriting department policies, procedures, guidelines, and best practices in conjunction with Key Credit Policy and Underwriting standards. Partner with the division COO and Regional Production Leaders to provide underwriting trend and business insights specific to the region’s pipeline, portfolio, and clients. Assess underwriting risk and opportunities to recommend adjustments to portfolio strategies, origination volumes, and deal terms/structures. Build and foster a high performing, equitable, and inclusive team-based culture within the CDLI team. Provide individual mentorship, development planning, goal setting, training, and performance management to team members. Collaborate with business partners and cross-functional stakeholders including Credit Risk Management, Loan Servicing, Tax Credit and Loan Syndications, and Asset Management to provide seamless customer execution.
Required Qualifications
Bachelor’s Degree in Business Administration, Finance, Urban Planning/Real Estate, or Engineering Expert in Low Income Housing Tax Credit and Community Lending industry with underwriting and/or risk management experience (10+ years’ experience) Advanced ability to communicate and persuade internal and external stakeholders in written and verbal communications Demonstrated credit risk analysis, underwriting, project management, and financial analysis experience in a lending or investing environment Advanced proficiency in MS Office suite (Excel, Word, PowerPoint), Salesforce, and other common asset/loan management systems
Preferred Qualifications
MBA, CPA, other advanced degree, or 10+ years LIHTC industry experience 5+ years' experience underwriting, originating, or closing community development loans and/or equity investments Experience leading community development or commercial real estate underwriting, risk management, or origination teams 3+ years’ experience leading a team: recruiting, hiring, training, performance management Excellent prioritization and time management abilities; can prioritize a broad range of activities and keep projects/tasks moving forward within a reasonable timeframe
Compensation And Benefits
This position is eligible to earn a base salary in the range of $175,000 to $215,000 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.
Job Posting Expiration Date: 09/19/2025 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. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at KeyBank by 2x Get notified about new Lead Underwriter jobs in
Denver, CO . Denver, CO $75,000.00-$90,000.00 1 month ago Broomfield, CO $59,000.00-$86,100.00 1 week ago Englewood, CO $124,461.00-$276,845.00 1 week ago Denver, CO $86,675.00-$144,450.00 1 month ago Northglenn, CO $58,000.00-$62,000.00 2 weeks ago Denver, CO $150,000.00-$250,000.00 6 days ago Denver, CO $100,000.00-$150,000.00 5 days ago Centennial, CO $80,000.00-$120,000.00 1 week ago Senior Underwriter, Commercial Insurance Specialty
Englewood, CO $114,600.00-$194,800.00 6 months ago Englewood, CO $95,000.00-$135,000.00 1 month ago Market Facing Underwriter, Middle Markets (Level I or II)
Senior Underwriter, Professional Liability - Healthcare
Denver, CO $110,000.00-$140,000.00 2 weeks ago Market Facing Underwriter, Middle Markets (Level I or II)
Senior Underwriter - Commercial Insurance Specialty
Englewood, CO $100,000.00-$165,000.00 6 days ago Executive Underwriter or Senior Underwriter, Financial Institutions
Construction Professional Liability Underwriter AVP
Englewood, CO $58,000.00-$167,000.00 3 weeks ago AVP, Construction Professional Liability Underwriter
Pricing & Underwriting Bachelor's Intern
Executive Underwriter or Senior Underwriter, Construction Casualty
Greenwood Village, CO $98,800.00-$184,800.00 1 month ago Executive Underwriter, Middle Market Life Sciences
Denver, CO $81,000.00-$269,000.00 2 weeks ago Complex General Liability and Umbrella (High Hazard) Senior Underwriter
Englewood, CO $105,000.00-$120,000.00 1 week ago Underwriting Manager – Miscellaneous Medical & Life Sciences
Denver, CO $150,000.00-$200,000.00 2 days ago Englewood, CO $102,556.00-$222,776.00 3 weeks ago Aurora, CO $105,000.00-$138,000.00 3 days ago P&C Middle Market Underwriter - Mountain States
Senior Underwriting Manager, Middle Market Construction
Denver, CO $106,000.00-$322,000.00 5 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Join to apply for the
Underwriting Team Leader - Community Development Lending and Investment
role at
KeyBank Underwriting Team Leader - Community Development Lending and Investment
1 day ago Be among the first 25 applicants Join to apply for the
Underwriting Team Leader - Community Development Lending and Investment
role at
KeyBank BRIEF (PURPOSE)
Key Bank Community Development Lending and Investment (CDLI) is looking for an experienced community development leader to join our growing team. The Underwriting Team Leader will lead a team of Sr. Underwriters, Underwriting Project Managers, and Underwriting Associates responsible for analyzing and closing Affordable Housing real estate debt and equity transactions. The individual will provide direct oversight and leadership to a regional-based Underwriting team to maintain consistent underwriting processes, to manage balanced workflow, and to assist with complex transactional or client matters. Location:
1675 Broadway - Denver, Colorado 80202
JOB
BRIEF (PURPOSE)
Key Bank Community Development Lending and Investment (CDLI) is looking for an experienced community development leader to join our growing team. The Underwriting Team Leader will lead a team of Sr. Underwriters, Underwriting Project Managers, and Underwriting Associates responsible for analyzing and closing Affordable Housing real estate debt and equity transactions. The individual will provide direct oversight and leadership to a regional-based Underwriting team to maintain consistent underwriting processes, to manage balanced workflow, and to assist with complex transactional or client matters.
The Underwriting Team Leader will be a key leader within the CDLI business line helping to drive business growth and risk management best practices as a collaborative partner with regional Production leaders, Asset Management leaders, Syndication leaders, and business line Credit Officers. The individual will also partner closely with critical enterprise stakeholders including Loan Servicing, Commerical Mortgage, Compliance, and Finance.
The Underwriting Manager must have significant experience closing, originating and/or managing risk associated with Low Income Housing Tax Credit (LIHTC) equity investments and community development debt products. Additionally, the individual will be responsible for building and leading a diverse, equitable, and inclusive team through ongoing professional development and talent management.
Essential Job Functions
Lead a regional underwriting team of 5-8 individuals to ensure high-quality, risk-based underwriting and analysis of debt and equity Affordable Housing and Community Development transactions and sponsors. Review underwriting packages and real estate/LIHTC financial modeling to facilitate Line of Business and Credit approval and closing of new transactions. Consult on deal structuring, pricing, profitability, and risk analysis of new community development opportunities. Support and influence the deal team (Relationship Manager, Underwriter, Asset Manager, Closing Officer, Syndication) to solve complex financing and deal structuring situations while balancing risk metrics and customer expectations. Manage regional pipeline and deal assignments to monitor team capacity and support workflow throughout the underwriting and closing process. Provide accountability for clear and timely communication of deal progress to internal and external stakeholders. Support implementation of innovative underwriting, data analytics, technology, and continuous improvement tools and process improvements. Develop and maintain Underwriting department policies, procedures, guidelines, and best practices in conjunction with Key Credit Policy and Underwriting standards. Partner with the division COO and Regional Production Leaders to provide underwriting trend and business insights specific to the region’s pipeline, portfolio, and clients. Assess underwriting risk and opportunities to recommend adjustments to portfolio strategies, origination volumes, and deal terms/structures. Build and foster a high performing, equitable, and inclusive team-based culture within the CDLI team. Provide individual mentorship, development planning, goal setting, training, and performance management to team members. Collaborate with business partners and cross-functional stakeholders including Credit Risk Management, Loan Servicing, Tax Credit and Loan Syndications, and Asset Management to provide seamless customer execution.
Required Qualifications
Bachelor’s Degree in Business Administration, Finance, Urban Planning/Real Estate, or Engineering Expert in Low Income Housing Tax Credit and Community Lending industry with underwriting and/or risk management experience (10+ years’ experience) Advanced ability to communicate and persuade internal and external stakeholders in written and verbal communications Demonstrated credit risk analysis, underwriting, project management, and financial analysis experience in a lending or investing environment Advanced proficiency in MS Office suite (Excel, Word, PowerPoint), Salesforce, and other common asset/loan management systems
Preferred Qualifications
MBA, CPA, other advanced degree, or 10+ years LIHTC industry experience 5+ years' experience underwriting, originating, or closing community development loans and/or equity investments Experience leading community development or commercial real estate underwriting, risk management, or origination teams 3+ years’ experience leading a team: recruiting, hiring, training, performance management Excellent prioritization and time management abilities; can prioritize a broad range of activities and keep projects/tasks moving forward within a reasonable timeframe
Compensation And Benefits
This position is eligible to earn a base salary in the range of $175,000 to $215,000 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.
Job Posting Expiration Date: 09/19/2025 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. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at KeyBank by 2x Get notified about new Lead Underwriter jobs in
Denver, CO . Denver, CO $75,000.00-$90,000.00 1 month ago Broomfield, CO $59,000.00-$86,100.00 1 week ago Englewood, CO $124,461.00-$276,845.00 1 week ago Denver, CO $86,675.00-$144,450.00 1 month ago Northglenn, CO $58,000.00-$62,000.00 2 weeks ago Denver, CO $150,000.00-$250,000.00 6 days ago Denver, CO $100,000.00-$150,000.00 5 days ago Centennial, CO $80,000.00-$120,000.00 1 week ago Senior Underwriter, Commercial Insurance Specialty
Englewood, CO $114,600.00-$194,800.00 6 months ago Englewood, CO $95,000.00-$135,000.00 1 month ago Market Facing Underwriter, Middle Markets (Level I or II)
Senior Underwriter, Professional Liability - Healthcare
Denver, CO $110,000.00-$140,000.00 2 weeks ago Market Facing Underwriter, Middle Markets (Level I or II)
Senior Underwriter - Commercial Insurance Specialty
Englewood, CO $100,000.00-$165,000.00 6 days ago Executive Underwriter or Senior Underwriter, Financial Institutions
Construction Professional Liability Underwriter AVP
Englewood, CO $58,000.00-$167,000.00 3 weeks ago AVP, Construction Professional Liability Underwriter
Pricing & Underwriting Bachelor's Intern
Executive Underwriter or Senior Underwriter, Construction Casualty
Greenwood Village, CO $98,800.00-$184,800.00 1 month ago Executive Underwriter, Middle Market Life Sciences
Denver, CO $81,000.00-$269,000.00 2 weeks ago Complex General Liability and Umbrella (High Hazard) Senior Underwriter
Englewood, CO $105,000.00-$120,000.00 1 week ago Underwriting Manager – Miscellaneous Medical & Life Sciences
Denver, CO $150,000.00-$200,000.00 2 days ago Englewood, CO $102,556.00-$222,776.00 3 weeks ago Aurora, CO $105,000.00-$138,000.00 3 days ago P&C Middle Market Underwriter - Mountain States
Senior Underwriting Manager, Middle Market Construction
Denver, CO $106,000.00-$322,000.00 5 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr