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KeyBank · 2 weeks ago

VP, Portfolio Management

Cleveland, OH

Full-time

Hybrid

Mid, Senior Level

$94K/yr - $175K/yr

5+ years exp

KeyBank is a national association focused on providing financial services, and they are seeking a VP, Portfolio Management. This role is responsible for performing financial analysis and preparing underwriting documents to support corporate credit requests, while also maintaining asset quality and managing risk within a portfolio of corporate clients.

Banking

Responsibilities

Gather and analyze all relevant financial data for, often high value, clients or prospects, including spreading financial statements and/or collaborating with third party vendor to ensure accuracy of financial spreads statements, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, and assessing creditworthiness, etc. while effectively utilizing and providing feedback to, third party resources

Model future financial performance of clients and prospects, including downside scenarios

Demonstrate leadership in structuring transactions, in collaboration with Business Partners/Bankers/and Relationship Managers. Viewed as a value-add financial advisor by the client/borrower, critical and knowledgeable contributor to the deal team and respected by Credit for a solid reputation managing risk

Perform enhanced leveraged cash flow due diligence, when appropriate (i.e., in specific Banking Group Portfolio Management, "BGPM" specialty groups)

Prepare a thorough credit underwriting document identifying credit risks and mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues

Ensure compliance with all relevant regulations including Know Your Customer (KYC), running MCA/Patriot Act/OFAC checks as well as certifying Beneficial Ownership

Manage the approval process for, occasionally complex, lending commitments, amendments, waivers, and consents, including providing monitoring, reporting and/or making recommendations to Credit Executives as appropriate

Review and properly maintain all necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation to ensure that the documentation correctly reflects approval

Monitor accounts/ongoing financial performance of portfolio to track covenant compliance, determine liquidity, earnings trends, management capability and other essential information to secure the bank's position to minimize potential losses. Ensure data integrity in Key's systems and reporting and that all assets remain appropriately risk rated at all times, with timely changes

Identify potential problem accounts and work with our Asset Recovery Group, as appropriate, to improve the bank's position in undesirable situations

Establish and maintain direct client relationships. Attend management presentations, bank meetings and conduct plant/site visits as appropriate to monitor business conditions and/or identify new underwriting, and/or additional bank product opportunities

Contribute to, or prepare white papers on assigned industry segments, as requested

Provide guidance and feedback to Analysts and Associates as appropriate

Gather and prepare data in response to ad hoc data requests

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

Qualification

Financial analysisCredit underwritingRisk assessmentFinancial modelingClient relationship managementMicrosoft OfficeLeadership skillsCommunication skillsTime managementProblem-solving

Required

5+ years of commercial underwriting, credit, banking and/or financial services experience

Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business

Demonstrates an understanding of foundational accounting principles and can interpret and analyze financial statements (balance sheets, income statements, cash flow statements) to assess a company's financial health and ability to meet its obligations

Able to carefully evaluate the impact of all emerging and/or existing considerations and choose the best path forward using informed, rational, and effective decision-making techniques in various lending and business situations

Able to clearly, concisely, and persuasively convey information, whether verbal, written, or nonverbal

Able to effectively shepherd a transaction through all required stages, while staying organized, meeting deadlines, managing risk, and ensuring a favorable experience for the client

Able to effectively identify, assess, and control potential risks involved with corporate lending

Demonstrated ability to take initiative, set clear objectives, and prioritize tasks to meet deadlines, maximize productivity, and minimize stress

Effectively working with others to reach a shared goal

Consistently taking ownership of one's actions, decisions, and performance, and being responsible for achieving the agreed-upon outcomes

Able to withstand or recover quickly from stressful or difficult conditions

Able to identify, evaluate, and interpret information, and question assumptions to reach well-supported, evidence-based conclusions

Demonstrates the ability to influence and inspire, motivate, empower, and guide others towards a common goal

Demonstrates an ability to understand and prioritize the broader goals and well-being of the entire organization over the interests of individual departments or teams

Effective and polished presentation and communication skills, with the ability to collaboratively influence and challenge with impact

Ability to plan, multi-task, manage time effectively, and lead work independently with limited direction

Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications

Well established ability to gather relevant research, analyze data, and concisely synthesize large amounts of information in order to accurately assess corporate creditworthiness and create a detailed and thorough underwriting package

Demonstrated competence in financial analysis and modeling

Experience structuring meaningful and appropriate financial covenants for syndicated debt facilities

Developing experience managing the left lead /administrative agent role in syndicated deals

Ability to lead discussions with clients during negotiations and act as primary lending representative on deal execution, leveraging senior leaders as appropriate

Knowledge of business and legal elements of credit agreements, and the ability to work with counsel and collaborate through document negotiations on agented transactions and/or assist lead syndicator in document negotiations

Solid understanding of banking and investment banking products and services and current market dynamics, trends, and terms