Underwriting Team Leader - Community Development Lending and Investment

Underwriting Team Leader

Location : 1675 Broadway - Denver, Colorado 80202

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, Commercial 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 :