{"id":1622092,"url":"https://alion.io/job/key-com-agency-sr-underwriter-affordable","title":"Agency Sr. Underwriter – Affordable","company":{"id":450627,"name":"KeyBank","domain":"key.com","url":"https://alion.io/company/key-com","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"B","score":83,"open_postings":30,"ghost_share":0,"stale_share":0.7,"repost_share":0,"time_to_fill_p50_days":25,"computed_at":"2026-10-20T05:45:00Z"}},"role":"Finance","role_family":"Finance","seniority":"senior","employment_type":"full_time","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Dallas, United States","Cleveland, United States","Chicago, United States","Atlanta, United States","Overland Park, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":96000,"max":181000,"currency":"USD","period":"year","gross":null,"usd_annual":181000},"salary_estimate":null,"experience_years_min":5,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Outlook","optional":true}],"status":"live","first_seen_at":"2026-09-30T00:00:00Z","employer_posted_date":"2026-09-30","last_verified_at":"2026-10-18T16:34:53Z","board_verified":false,"closed_at":null,"days_open":21,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":21},"description":"Location:\n8117 Preston Road, Suite 400, Dallas TexasThe selected candidate will be responsible for performing comprehensive due diligence and underwriting activities for Fannie Mae, Freddie Mac, and Private Placement Affordable multifamily mortgage loans. This role requires a strong understanding of affordable housing finance programs and a commitment to delivering high-quality, risk-conscious underwriting support.\nPlease 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, with preferred locations including Dallas, TX, Cleveland, OH, Overland Park, KS, Atlanta, GA or Chicago, IL.\nESSENTIAL JOB FUNCTIONS\nDeliver exceptional customer service to internal and external clients by facilitating well-underwritten, risk-conscious real estate transactions that align with the business strategy.\nFoster strong working relationships across teams and with external partners to support transaction success.\nMentor and motivate team members by modeling professionalism, integrity, and mutual respect.\nThrive in a dynamic, fast-paced environment while maintaining high performance and adaptability.\nContribute unique insights, market intelligence, and ideas to support KeyBank’s mission and team goals.\nCommunicate effectively-both verbally and in writing-while promoting open, direct, and collaborative dialogue with clients, teammates, and stakeholders.\nDemonstrate initiative and independence in managing responsibilities, driving transactions to successful outcomes with minimal supervision.\nSupport cross-functional efforts within the Commercial Mortgage Group (CMG) to help achieve departmental goals.\nExhibit full proficiency in Agency and Private Placement programs for affordable and market-rate multifamily housing, offering underwriting and programmatic expertise as needed.\nUnderwrite affordable housing loans efficiently and in accordance with established policies and procedures to ensure a professional and risk-mitigated process.\nApply knowledge of LIHTC and bond financing programs to assess transaction viability.\nMaintain strong understanding of lending program requirements and proactively identify and mitigate compliance risks.\nReview third-party reports for programmatic compliance and provide timely, actionable feedback to vendors.\nConduct property inspections and market analysis for assigned transactions.\nAnalyze complex borrower structures and identify key participants.\nLead underwriting teams for affordable housing transactions, leveraging resources to meet client and team expectations.\nEvaluate documents related to affordable transactions (e.g., LURAs, subordinate debt, PILOT agreements) and summarize findings in written narratives.\nAssess construction budgets for adequacy in forward commitments.\nManage internal underwriting and deal management systems to ensure data accuracy and completeness.\nCollaborate with origination, closing, and servicing teams to ensure compliance with Agency guidelines.\nExecute assigned duties professionally and escalate issues promptly when necessary.\nComplete all compliance-related tasks for each transaction to minimize risk exposure.\nMARGINAL OR PERIPHERAL FUNCTIONS\nCollaborate with mortgage bankers and management to support the origination of Affordable housing loans and drive new business opportunities.\nFacilitate staff development by conducting training sessions, identifying growth opportunities, and promoting continuous learning for both team members and self.\nLead recruitment and onboarding efforts to ensure seamless integration of new hires into the team.\nRepresent KeyBank with professionalism and excellence at industry conferences, training sessions, and trade organization events.\nTravel may be required, including overnight stays, to conduct property inspections and fulfill other job-related duties.\nREQUIRED QUALIFICATIONS\nDemonstrated expertise in analyzing Affordable multifamily real estate transactions, with a strong understanding of underwriting fundamentals.\nBachelor’s degree required.\nMinimum of five (5) years of experience underwriting Affordable housing loans, including Fannie Mae, Freddie Mac, and Private Placement programs.\nExcellent verbal and written communication skills, with the ability to convey complex information clearly and professionally.\nPREFERRED QUALIFICATIONS\nA degree in Real Estate, Finance, or Economics is preferred; however, candidates with degrees in other relevant fields may also be considered based on experience and qualifications.\nCOMPETENCIES/SKILLS\nDemonstrates strong organizational and time management skills, ensuring tasks are completed efficiently and effectively.\nExhibits initiative and leadership qualities, contributing positively to team dynamics and project outcomes.\nCapable of managing multiple deadline-driven responsibilities simultaneously while maintaining high standards of quality.\nThrives in collaborative, team-oriented environments, fostering cooperation and shared success.\nResolves conflicts constructively and professionally, maintaining a calm and solution-focused approach.\nEQUIPMENT USED/PHYSICAL REQUIREMENTS\nProficient in PC-based productivity tools including Microsoft Word, Excel, Outlook, and Adobe Acrobat, with the ability to leverage these platforms for efficient documentation, analysis, and communication.\nSkilled in utilizing financial calculators and Excel-based financial modeling tools to perform advanced underwriting, scenario analysis, and data-driven decision-making.\nTRAINING REQUIRED\nComplete all required KeyBank compliance training within designated timelines to ensure adherence to regulatory and organizational standards.\nDevelop a thorough understanding of KeyBank’s underwriting and processing procedures to ensure consistency, accuracy, and alignment with internal protocols.\nCOMPENSATION AND BENEFITS\nThis position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 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.\nKey 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.\nJob Posting Expiration Date: 10/31/2026\n\nKeyCorp 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 .\n#LI-Hybrid","description_format":"text","description_chars":7179,"description_truncated":false,"requirements":{"experience_years_min":5,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":["Continuous learning","Growth opportunities"],"hiring_locations":[{"name":"United States","iso":"US","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Financial Services","Professional Services","Real Estate","Consumer Loans & Pawnshops"],"lifecycle":[{"event":"open","at":"2026-10-01T20:48:19Z"}],"visa":[],"liveness":{"score":43,"band":"fade","label":"Fading","p_open":1,"p_active":0.577,"p_room":0.75,"age_days":20,"expected_fill_days":25,"reasons":["conf:37","stale_co","velocity","win:late","comp:brand"],"computed_at":"2026-10-20T05:45:00Z"},"pay":{"stated_usd_annual":181000,"is_top_pay":true},"html_url":"https://alion.io/job/key-com-agency-sr-underwriter-affordable","json_url":"https://alion.io/job/key-com-agency-sr-underwriter-affordable.json","meta":{"generated_at":"2026-10-21T01:05:42Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":1723,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-22T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":450627},"rest":"https://alion.io/mcp/rest/get_company?id=450627"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fkey-com-agency-sr-underwriter-affordable"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fkey-com-agency-sr-underwriter-affordable"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fkey-com-agency-sr-underwriter-affordable"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/key-com-agency-sr-underwriter-affordable\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fkey-com-agency-sr-underwriter-affordable"}]}