Underwriting Analyst - FHA

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 here 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 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, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

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.

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