KeyBank

Underwriting Analyst - FHA

KeyBank$69K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in finance, accounting, business administration, economics, or Real Estate.
  • 2+ years of experience in finance, accounting, real estate, investment banking, or consulting.
  • High proficiency in Excel and PowerPoint, with experience in complex spreadsheets.
  • Strong quantitative and analytical skills to interpret financial data from multiple systems.
  • Ability to synthesize and analyze large amounts of data and communicate findings effectively.
  • Proactive, goal-oriented, and capable of working independently.
  • Outstanding oral, written, and presentation skills.

Responsibilities

  • Collaborate and support LEAN Underwriters, closers, and originators on FHA Healthcare group transactions.
  • Provide qualitative and quantitative analysis of FHA Healthcare transactions.
  • Create deliverables in Excel, Word, and PowerPoint for various purposes including financial analysis.
  • Drive timely completion of analyzed transactions by assessing transaction risks.
  • Maintain productive relationships with partners through open communication.
  • Compile exhibits for pre-application and application packages for HUD/FHA review.
  • Complete compliance requirements to minimize transaction risk.

Benefits

  • Comprehensive health insurance options including medical, dental, and vision coverage.
  • Retirement savings plan with employer match.
  • Generous paid time off and holiday policies.
  • Employee development programs and ongoing training opportunities.
  • Flexible work arrangements for roles that can be performed in a mobile environment.
Full Job Description

Location:

127 Public Square, Cleveland Ohio

The Analyst will be a member of the FHA Healthcare Underwriting Team and will collaborate internally and externally to analyze and underwrite FHA Lean Applications.

ESSENTIAL JOB FUNCTIONS

The Analyst will provide high level qualitative and quantitative analysis of FHA Healthcare transactions.  The position will collaborate and support the LEAN Underwriters, closers, and originators for the FHA Healthcare group within CMG. The Analyst will prepare deliverables in Excel, Word and Power Point for various purposes, including financial analysis, narrative summaries, corporate reviews, and organizational charts.  The Financial Analyst will

  • Actively contribute your unique talents, ideas and market intelligence in support of the team's strategy and complement the strengths of your teammates to achieve the team's financial goal.
  • Pursue and develop internal and external relationships to facilitate effective real estate transactions and support the line of business strategy.
  • Consistently follow established process and procedures for underwriting real estate transactions to ensure an efficient, diligent and methodical process.
  • Work with underwriters, senior underwriters and originators to analyze deals and determine whether they appear financially feasible under HUD rules prior to formal client application submission.
  • Collect and organize exhibits for pre-application and firm application packages to submit for HUD/FHA review. Complete HUD forms for pre-application and application submissions.
  • Be the driver of transactions you analyze and process to ensure they are completed in a timely manner. Consistently identify and assess transaction risks and appropriately document in accordance with credit approval and elevate any issues which appear to be deviating from such to assist in properly managing portfolio risks.
  • Maintain a productive relationship with all partners characterized by collaborative approach and full and timely disclosure of transaction risks ensuring open communication among all team members.
  • Complete all compliance requirements related to each transaction to minimize risk.

MARGINAL OR PERIPHERAL FUNCTIONS

The Analyst will provide industry, market, business, and quantitative analysis support.  This will include performing ad-hoc strategic and financial reporting. The Analyst is expected to have a continuous improvement mindset and would be empowered to recommend efficiencies for change. The Analyst will work on special projects as assigned.  

Please note: This is an on-site position and not eligible for remote or virtual work.  The candidate will be required to work from a KeyBank office in Cleveland, OH, Columbus, OH, or Dallas, TX.

REQUIRED QUALIFICATIONS

  • Bachelor’s degree required in finance, accounting, business administration, economics, or Real Estate.
  • 2+ years of experience in finance, accounting, real estate, investment banking or consulting including   Real Estate Finance.               
  • Demonstrated high proficiency in Excel and PowerPoint; experience with complex spreadsheets.
  • Strong quantitative and analytical skills and the ability to interpret financial data from multiple computer systems.
  • Ability to synthesize and analyze large amounts of data and communicate relevant findings.
  • Demonstrated analytical approach to problem solving with a high attention to detail.
  • Ability to work in a fast-paced environment with a sense of urgency.
  • Proactive and goal-oriented, with the ability to work independently.
  • Strong organizational skills – ability to handle multiple tasks simultaneously.
  • Consultative, service-oriented mindset.
  • Outstanding oral communication, written, and presentation skills.

PREFERRED QUALIFICATIONS

  • MBA
  • Proficiency in business intelligence tools a plus
  • Previous working experience in the commercial real estate permanent lending industry specific experience working with CMBS, Life Insurance lending programs, Fannie Mae DUS, Freddie Mac Program, FHA a plus.

EQUIPMENT USED

Standard office equipment (PC, copier, scanner, financial calculator)

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $69,000.00 - $105,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 07/10/2026 #LI-Hybrid

About KeyBank

Shockingly, nearly 9-in-10 people who get their real estate license in America fail. We're solving that problem; And doing it while increasing profitability for the brokerage. Through technology, business automation, and a team approach we have created a system where agents focus solely on working with clients and closing deals.

KeyBank Careers

Joining KeyBank means stepping into a world of professional growth and innovation, where job opportunities abound in an environment that values leadership, diversity, and forward-thinking. As a member of our team, you will be part of a company that's committed to empowering your career journey while contributing to the financial wellness of our communities.

Work You'll Do

At KeyBank, we're not just in the business of banking; we're in the business of helping individuals and communities thrive. By joining our team, you will have the chance to be part of a culture that celebrates diversity and fosters leadership and professional development. Whether you're looking for a position in customer service, IT, finance, or management, KeyBank offers a variety of roles suited to your skills and career aspirations.

Innovate and Lead

KeyBank stands at the intersection of finance and innovation. Our employees are encouraged to lead with creativity and integrity, driving solutions that make a real difference. With a focus on digital transformation and sustainable growth, your work at KeyBank will challenge the status quo and encourage you to explore new ideas.

Grow Your Career

Career growth at KeyBank is not just a possibility—it's a priority. We are dedicated to your professional development through comprehensive training programs, leadership workshops, and continuous learning opportunities. Our commitment to your growth is matched by our dedication to inclusion, ensuring all voices are heard and valued.

Be Part of a Great Team

Our team at KeyBank is our strongest asset. We believe in using our collective skills to foster an environment of innovation and collaboration. Join us and connect with colleagues who are just as passionate and driven as you are. Through teamwork, we achieve exceptional results and push the boundaries of what's possible in the banking sector.

Internship and Employment Opportunities

For those starting their careers, KeyBank offers robust internship and employment opportunities that provide a solid foundation in the financial industry. Interns at KeyBank gain hands-on experience, beneficial networking connections, and insights into our day-to-day operations, setting the stage for a successful career.

Benefits and Culture

KeyBank is committed to offering benefits that enhance your life and well-being. From healthcare to retirement plans, and flexible working conditions, we ensure our employees are well taken care of. More than just benefits, our company culture is built on respect, integrity, and accountability—values that guide us in making a positive impact on our clients and communities.

Join Our Team

Explore the job opportunities at KeyBank and find the right fit for your skills and interests. We are continuously hiring and looking for individuals who are curious, innovative, and ready to make a difference. Prepare your resume, ace your interview, and join a team that's dedicated to your success and to transforming the landscape of banking.

Stay Connected

Keep up to date with the latest career tips, industry insights, and company news by following our careers blog. Personalize your experience by subscribing to job alert emails tailored to your preferences, and discover the exciting and rewarding career opportunities that await at KeyBank.

Search KeyBank Jobs

Ready to take the next step in your career? Search open positions at KeyBank that match your skills and interests. We look for passionate, creative, and solution-driven team players who are ready to grow and succeed in a dynamic and supportive environment.

SEARCH KEYBANK JOBS

Join KeyBank and be part of a company where your career is as important to us as it is to you. Together, let's unlock opportunities for growth, innovation, and meaningful impact in the financial world.
Learn more about KeyBank
Size
17,110 employees
Market Cap
$16 billion
Industry
Net Income
$1.3 billion
Founded
1825
5 Year Trend
+5.6%
NASDAQ

Similar Jobs

More Jobs at KeyBank

More Finance & Insurance Jobs

Find similar Underwriting Analyst - FHA jobs: