Sr. Account Executive - 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 a 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 facility 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.
  • Communicating all audit results to management and advising 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…