What are the responsibilities and job description for the Investor Account Analyst - KYC Specialist position at KeyBank National Association?
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 requirements
Review Loan Documents to decide the specific account requirements
Review, 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 structures
B.S. in Accounting, Finance or related business field and/or comparable experience
Excellent 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 skills
Demonstrated ability to work independently with minimal supervision.
PREFERRED SKILLS
Paralegal training, law degree and/or LPO license preferred
Minimum 1-2 years experience in commercial mortgage real estate lending
Experience in understanding various legal documents associated with commercial loans
Team oriented and flexible
Ability to drive multiple parties and processes in a high-volume environment
Proactively share your knowledge to help others develop and improve the performance of the team.
EQUIPMENT USED
Personal Laptop Computer with Dual Monitors
Standard office equipment (phone, calculator, printer/scanner/copier)
TRAINING PROVIDED
On-the-Job
Designated 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.
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 requirements
Review Loan Documents to decide the specific account requirements
Review, 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 structures
B.S. in Accounting, Finance or related business field and/or comparable experience
Excellent 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 skills
Demonstrated ability to work independently with minimal supervision.
PREFERRED SKILLS
Paralegal training, law degree and/or LPO license preferred
Minimum 1-2 years experience in commercial mortgage real estate lending
Experience in understanding various legal documents associated with commercial loans
Team oriented and flexible
Ability to drive multiple parties and processes in a high-volume environment
Proactively share your knowledge to help others develop and improve the performance of the team.
EQUIPMENT USED
Personal Laptop Computer with Dual Monitors
Standard office equipment (phone, calculator, printer/scanner/copier)
TRAINING PROVIDED
On-the-Job
Designated 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.
