Associate Closer

KeyBank • Overland Park, KS • 8h ago

Location:

11501 Outlook Street, Overland Park Kansas

About the Job:

Performs the initial review of all borrower requests for lender consent received in the Transactions Department. For assumptions and transfers of interest, the coordinator reviews the servicing agreement and loan documents in order to prepare and send the assumption application package to the borrower. The coordinator communicates with account managers, borrowers, real estate investors and attorneys to answer procedural questions, gather information and establish deadlines for submission of deposits and documents.

Responsible for closing transactions with legal counsel, underwriters, borrower's counsel, title companies, and internal departments. Independently manage pre-closing, due diligence including adhering to internal compliance procedures (OFAC, Patriot Act, etc.), credit approval, risk management and documentation standards, utilizing internal closing procedures and controls, and documentation processes. Responsible for providing superior client service in proactively driving the closing process with client following progress on the closing checklist, identifying items/ conditions to be satisfied and the party responsible; through all post-closing functions. Participate in special projects as required.

Essential Job Functions:

The Closer will review loan documents and loan servicing agreements prior to setting up each transaction in the department's tracking system. The unique correspondence and documentation for each request is reviewed by the Closer and then filed electronically for further review during underwriting. The Closer prepares and transmits the application package for all assumption and transfer of interest requests and monitors the receipt of required information which may include organization documents and charts, financial statements, tax returns, and credit authorization. Accurate records are maintained by the Coordinator in the Company's intranet system to reflect the current status of the transaction.

Responsible independently maintaining risk management, compliance with bank policies and regulatory requirements, and adhering to internal procedures and controls. Provide backup closing expertise and ensure ongoing communication in working closely with multiple parties (legal counsel, borrower, borrower's counsel, title and insurance agents and other lenders etc.) to achieve a well-coordinated and timely closing. Clearly and immediately communicates problems/issues and elevates appropriately; assists in resolving issues affecting client service and risk management. Communicates effectively with and authorizes closing and funding to Servicing Officer; coordinates and verifies all fees and payments are collected at time of closing.

Required Qualifications: (License, Certificates, Education, Skills, etc.)

4-year College Degree or equivalent real estate business experience

Familiarity with closing process and real estate loan financing including commitment/loan structures, title/liens, insurance, loan documents and other legal documentation

Strong solution-oriented and problem-solving skills; detail-oriented

Strong aptitude for analysis, systems and mathematics

Strong written and verbal communication skills

Ability to work independently, prioritize and handle multiple tasks in a high closing volume environment

Strong planning and organizational skills

PC proficiency including familiarity with Microsoft Excel, Word, and Outlook

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $57,000.00 - $87,000.00 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 (https://www.key.com/about/careers/working-with-us/benefits.html) 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: 04/04/2026

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.

LI-Hybrid

KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You'll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.

KeyBank

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