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Location: 127 Public Square - Cleveland, Ohio 44114 JOB TITLE: Community Development Asset Manager ABOUT THE BUSINESS: Key Community Development Lending and Investments (CDLI) provides much needed investment dollars for affordable housing and community development projects in urban and rural communities across all 50 states via direct and indirect debt and equity investments. Affordable housing owner-operators and developers looking to build, acquire and preserve affordable housing come to us because we know how to move complicated deals over the finish line. Our clients leverage Key's broad, fully integrated platform. In addition, we can help assemble innovative and complex financing in conjunction with multiple for-profit, nonprofit and government entities. Helping communities thrive is more than our business, it's our mission. ABOUT THE JOB: Community Development Lending and Investments (CDLI) is seeking a self-starting associate to play a critical role in achieving KeyBank's goal of supporting affordable housing and community development throughout the country. This role will be responsible for the asset management of a defined portfolio of debt instruments. The Asset Manager manages risks inherent to lending by analyzing loan performance, property performance, financial results, sponsor information, market conditions, and more. This position would have primary responsibility for managing construction loans, bridge loans, interim loans, perm loans, subscriptions lines and equity bridge financing primarily tied to Low Income Housing Tax Credit (LIHTC) or other affordable housing projects. The Asset Manager works closely with Analysts, Underwriters, Relationship Managers, Closers, Service Officers and other internal parties as well as our clients to ensure all debt instruments are appropriately risk rated, covenants are met, and risks are understood, documented, and mitigated. WHAT YOU'LL GET FROM THIS OPPORTUNITY: A competitive base salary + discretionary bonus Generous benefits - 401(k) matching (dollar-for-dollar up to 7%), PTO, comprehensive healthcare packages, fitness and tuition reimbursement and so much more. Paid on the job training Be part of a specialized team that values our client relationships by developing a deep understanding of their needswith a focus on the full long-term solution. ESSENTIAL JOB FUNCTIONS: Proactively manages the portfolio to both maximize profitability and ensure strong asset quality through consistent and timely identification and resolution of issues as well as accurate assessment and assignment of loan risk ratings. Assists in resolving out-of-balance and/or other default situations which may occur in the portfolio. Serves as a trusted advisor to clients and prospects. Establishes strong credibility with internal and external stakeholders (clients, colleagues, credit, and servicing) based on sound judgement and accurate and timely information sharing. Shares constructive and regular feedback with teammates and stakeholders. Delivers timely and accurate completion of write-ups, loan analysis, and identification of transaction performance, strengths, and weaknesses. Coordinates and completes annual reviews, loan renewals, quarterly portfolio reviews, and asset quality reports on a timely basis. Monitors assigned portfolio for adherence to approved loan requirements and manage past dues, requirement ticklers, portfolio follow-up, credit files, etc. Works with Portfolio Services department to facilitate completion of annual reviews and property inspections, monitoring of covenant compliance and other items to secure the Banks position and avoid potential losses. Contribute knowledge or advise on deal underwriting with the ability to understand the important balance of business development and asset quality requirements. Compliance with internal risk rating standards to ensure effective internal