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KeyBank · 13 hours ago

VP, Portfolio Management (Utilities, Power and Renewables)

Cleveland, OH

Full-time

Onsite

Mid, Senior Level

$94K/yr - $175K/yr

5+ years exp

KeyBank is a financial services company seeking a VP of Portfolio Management specializing in Utilities, Power, and Renewables. The role involves leading financial analysis, underwriting complex credit requests, and managing relationships with clients while ensuring strong asset quality and profitability.

Banking

Responsibilities

Serves as the point person when underwriting credit transactions for the assigned portfolio and new clients. Recommends capital structure and accumulates all data necessary to perform focused analysis. Also, manages approvals for amendments and waivers to credit facilities, as well as monitors the financial performance of portfolio companies

Reviews financial statements, projection models, project cash flow models and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision

Prepares thorough credit underwriting identifying industry concerns, market share trends, financial trends and other pertinent underwriting issues to present to the approving Credit Officer

Ensures underwriting and structuring decisions reflect commitment to strong asset quality

Oversees annual and periodic review processes conducted by outside consultants for portfolio companies

Recommends prudent use of capital and maintains profitability hurdles for portfolio keeping the risk/return balance in mind

Stays on top of trends affecting assigned industry vertical

Obtains and negotiates all necessary documentation including, all credit agreements, notes, pledges and collateral and assures that the documentation correctly reflects rates, terms and special conditions

Actively participates in client calling initiatives with Relationship Managers and Product Partners as well as conducts periodic independent site visits to assess management, business conditions and build rapport with accounts

Acts as a value-added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects

Supports business development activities for cross-sell opportunities with the Relationship Management Team

Mentors junior professionals

Proactively assists Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs

Identifies potential problem accounts and works to improve the bank's position in undesirable situations

Qualification

Financial modelingAccounting knowledgeCredit underwritingData gathering skillsCapital markets knowledgeExcel proficiencyPresentation skillsWork ethic

Required

An undergraduate degree in business, finance/accounting or suitable discipline and/or a proven track record of 5-10 years of large corporate, commercial or project finance loan structuring or an MBA, plus 4-6 years of relevant experience

Competence in financial modeling

Strong accounting knowledge

Analysis in support of due diligence - Strong data gathering skills demonstrated through research, leveraging prior deal knowledge, challenging assertions and digging deeper into the meaning of the data gathered

Solid understanding of basic financial metrics including key industry-specific ratios

Appreciation of investment banking and a knowledge of capital markets products

Ability to learn internal data systems and technology including Credit Writeup Approval (CWA) System, Return on Equity (ROE) Model

Strong writing and presentation skills with a convincing presence in order to develop rapport and credibility with senior level clients and senior management of the Bank

Strong work ethic