Being a Key employee means being a member of a special community. We work to make a difference for our clients, our neighborhoods and each other. We help people make better financial decisions in their lives and businesses by living the Key Values of Teamwork, Respect, Accountability, Integrity and Leadership.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $98 billion. Key companies provide investment management, retail and commercial banking, consumer finance and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.

We deliver our products and services through KeyBank branches, a network of ATMs, telephone banking centers and key.com®, providing account access and financial products 24/7. Key is meeting the future with confidence. Won't you join us? Outstanding opportunity available for a Loan Workout Manager III based in Cleveland, OH!

About the Job:

Responsible for providing support to senior level staff through financial/credit analysis. Works under direction of a more senior staff. Works problem accounts to minimize losses of the companys capital.

Essential Job Functions:

-Manage a portfolio of criticized, classified and non-performing credit relationships / accounts from the Business Banking group. General focus is on returning businesses to health although liquidations and exiting credits are common. Loan size generally ranges from $100,000 to $3,000,000. Some Agented transactions.

- Minimize charge-offs and maximize recoveries by independently developing and implementing cogent workout and restructuring plans.

- Plan implementation includes the successful negotiation of plans.

- Control and manage expenses related to the resolution of assigned credits.

- Demonstrate top quality credit administration practices, including insightful and timely credit reviews and asset quality reports.

- Deal fairly and ethically with customers and other constituencies.

- Communicate clearly.

- Avoid lender liability risks.

Required Qualifications:

-Excellent knowledge of financial statements and analysis of same.

-Proven skills in assessing Credit Risk.

-Strong written and oral communication skills, strong word processing and computer based skills / well organized, strong negotiation and interpersonal skills.

-Good general knowledge of commercial credit products and loan documentation.

-General knowledge of creditors' rights, collection practices and bankruptcy.

-Good general business sense, builder of relationships with a variety of constituencies.

-Decisive and strong follow-through. Persistent and an adaptable team player.

-Some travel is required - 20-25%

-BS/BS Degree (preferably in Business, Finance or Accounting).

-A variety of lending experience, secured lending experience, experience managing large complex loan transactions.

-Two to four years of actual workout or similar work experience.

Life at Key is exciting, challenging, and rewarding. Just as we help our customers reach their financial goals, we're committed to helping you achieve your personal and professional goals. We offer competitive compensation and comprehensive benefits that will help you fulfill a healthy work/life balance.

For more information about KeyBank and to complete an online application and submit your resume, go to www.key.com/careers and search Loan Workout and locate job id #99975964.

KeyCorp is an equal opportunity employer M/F/D/V. We're proud to be one of DiversityInc magazine's "Top 50 Companies for Diversity" in 2009.