What are the responsibilities and job description for the Originations Analyst position at KeyBank National Association?
Location:
127 Public Square - Cleveland, Ohio 44114
Job Summary
The Originations Analyst to provide analytical support to the Originators in the originations of low-income housing tax credit investments. The Analyst will assist in evaluating the feasibility of investments and will support the Originations team to increase production.
Responsibilities
Support Relationship Managers in structuring, pricing, and modeling new affordable housing and community development debt and equity opportunities. Deals are typically structured with Low Income Housing Tax Credit (LIHTC) or other public financing sources.
Complete, update, and maintain deal level financial projections and preflight analysis prior to issuing an LOI/Term Sheet.
Perform initial risk analysis to evaluate potential investments against Investment Guidelines and draft the Transaction Analysis and draft preflight memo.
Assist the Relationship Manager to address preliminary risk and financial questions from the Team Leader and revise pre‐ flight memo for Credit review.
Actively participate on Credit review meetings and take notes during the meeting and address any follow-up questions.
Assist Relationship Managers with maintaining, monitoring, and managing new pipeline and call activity within Salesforce and AIM.
Coordinate with Syndications team to answer investor questions and prepare the preflight analysis for investor distribution when necessary.
Draft initial LOI/Term Sheet.
Work with the Relationship Manager to get LOI/Term Sheet signed, noting variances, and making updates to financial projections based on changes to terms.
Upon execution of an LOI/Term Sheet transition deal and deal files to assigned Underwriting/Closing deal team.
Support Relationship Managers, Underwriters, and Syndication Fund Managers with ongoing requests, information gathering, reporting, etc.
Perform independent analysis to support transactional, regional, or national business development growth and strategy (ex. market analysis, client financial analysis, portfolio performance analysis, etc.) Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.
Education Qualifications
Bachelor's Degree in accounting, finance, real estate, or related field preferred; equivalent experience will be considered (preferred)
Experience Qualifications
1-3 years of financial analysis, tax credit investment, commercial real estate finance, community development, and/or project development related experience highly preferred ()
Demonstrated independent risk analysis, transaction modeling, and financial analysis experience, preferably in an afford‐ able housing or commercial real estate credit environment (preferred)
Tactical Skills
Strong analytical skills and proficiency in Excel
Strong organizational skills with the ability to prioritize conflicting demands and meet deadlines
Excellent written and verbal communication skills
Ability to function well in a team environment as well as work independently
Core Competencies
All KeyBank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies.
Physical Demands
General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.
Travel
Occasional travel to include overnight stay.
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $71,000.00 - $122,000.00 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 subject to individual and company performance.
Please click here for a list of benefits for which this position is eligible.
Job Posting Expiration Date: 11/12/2025
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.
127 Public Square - Cleveland, Ohio 44114
Job Summary
The Originations Analyst to provide analytical support to the Originators in the originations of low-income housing tax credit investments. The Analyst will assist in evaluating the feasibility of investments and will support the Originations team to increase production.
Responsibilities
Support Relationship Managers in structuring, pricing, and modeling new affordable housing and community development debt and equity opportunities. Deals are typically structured with Low Income Housing Tax Credit (LIHTC) or other public financing sources.
Complete, update, and maintain deal level financial projections and preflight analysis prior to issuing an LOI/Term Sheet.
Perform initial risk analysis to evaluate potential investments against Investment Guidelines and draft the Transaction Analysis and draft preflight memo.
Assist the Relationship Manager to address preliminary risk and financial questions from the Team Leader and revise pre‐ flight memo for Credit review.
Actively participate on Credit review meetings and take notes during the meeting and address any follow-up questions.
Assist Relationship Managers with maintaining, monitoring, and managing new pipeline and call activity within Salesforce and AIM.
Coordinate with Syndications team to answer investor questions and prepare the preflight analysis for investor distribution when necessary.
Draft initial LOI/Term Sheet.
Work with the Relationship Manager to get LOI/Term Sheet signed, noting variances, and making updates to financial projections based on changes to terms.
Upon execution of an LOI/Term Sheet transition deal and deal files to assigned Underwriting/Closing deal team.
Support Relationship Managers, Underwriters, and Syndication Fund Managers with ongoing requests, information gathering, reporting, etc.
Perform independent analysis to support transactional, regional, or national business development growth and strategy (ex. market analysis, client financial analysis, portfolio performance analysis, etc.) Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.
Education Qualifications
Bachelor's Degree in accounting, finance, real estate, or related field preferred; equivalent experience will be considered (preferred)
Experience Qualifications
1-3 years of financial analysis, tax credit investment, commercial real estate finance, community development, and/or project development related experience highly preferred ()
Demonstrated independent risk analysis, transaction modeling, and financial analysis experience, preferably in an afford‐ able housing or commercial real estate credit environment (preferred)
Tactical Skills
Strong analytical skills and proficiency in Excel
Strong organizational skills with the ability to prioritize conflicting demands and meet deadlines
Excellent written and verbal communication skills
Ability to function well in a team environment as well as work independently
Core Competencies
All KeyBank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies.
Physical Demands
General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.
Travel
Occasional travel to include overnight stay.
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $71,000.00 - $122,000.00 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 subject to individual and company performance.
Please click here for a list of benefits for which this position is eligible.
Job Posting Expiration Date: 11/12/2025
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.
Salary : $71,000 - $122,000