Talent.com
Vice President, Portfolio Management (Upper Middle Market)

Vice President, Portfolio Management (Upper Middle Market)

Key BankBrooklyn, OH, United States
3 days ago
Job type
  • Full-time
Job description

Location :

127 Public Square, Cleveland Ohio

  • COMMERCIAL PM TEAM IS GROWING

Job Summary

The VP, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support multimillion-dollar corporate credit requests that grow funded assets and Key's client base, while maintaining asset quality within a moderate risk profile. These requests include obtaining initial approval for new, occasionally complex, credit exposure (e.g., revolving credit facilities, term loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. Additionally, the VP, Portfolio Management is responsible for ongoing credit monitoring and risk rating for a portfolio of corporate clients with a complexity profile commensurate to experience (primarily participations in other bank's syndicated deals with a small number of Left Lead deals), reviewing legal documentation, and assisting product partners in cross-selling additional bank products. This individual should demonstrate leadership skills within credit underwriting and portfolio management; they may work somewhat independently, or in conjunction with other Portfolio Managers (PMs) on a deal team, providing feedback and guidance to junior staff as appropriate. As part of the first line of defense, Vice President PMs are expected to consistently demonstrate a solutions-oriented, growth mindset that is supportive of line of business goals while still maintaining a moderate risk appetite and upholding asset quality.

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.
  • Education Qualifications

  • Bachelor's Degree or equivalent work experience in finance, accounting, economics and / or business (required)
  • Master's Degree / MBA (preferred)
  • Experience Qualifications

  • Minimum of 5 years of commercial underwriting, credit, banking and / or financial services experience (required)
  • Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications (required)
  • Demonstrated competence in financial analysis and modeling (required)
  • 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 (required)
  • Experience structuring meaningful and appropriate financial covenants for syndicated debt facilities (required)
  • Developing experience managing the left lead / administrative agent role in syndicated deals (required)
  • Ability to lead discussions with clients during negotiations and act as primary lending representative on deal execution, leveraging senior leaders as appropriate (required)
  • 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 (required)
  • Solid understanding of banking and investment banking products and services and current market dynamics, trends, and terms (required)
  • Effective and polished presentation and communication skills, with the ability to collaboratively influence and challenge with impact (required)
  • Ability to plan, multi-task, manage time effectively, and lead work independently with limited direction (required)
  • Tactical Skills

  • Financial & Credit Acumen (expert level) 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 effectively utilize various tools and techniques, including financial ratios, to evaluate a borrower's financial strength and assess risk.
  • Sound Judgement (expert level) 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.
  • Communication (expert level) Able to clearly, concisely, and persuasively convey information, whether verbal, written, or nonverbal. Able to effectively synthesize large amounts of complex information into a more consumable summary. Consistently demonstrates a focus on keeping clients, partners, and teammates informed as to the real-time status of important matters.
  • Effective Transaction Management (experienced level) 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.
  • Effective Risk Management including Loan Documentation (experienced level) Able to effectively identify, assess, and control potential risks involved with corporate lending. Properly grading loans to reflect their risk level and ensuring accurate risk ratings. Able to effectively interpret and negotiate credit agreements and loan documentation. Understanding how specific loan terms and conditions can be employed to mitigate risk of loss. Ensure accuracy in loan documentation and seek credit approval related to documentation that deviates from Key's standard form (e.g. ISDAs)
  • Proactive Time Management (expert level) Demonstrated ability to take initiative, set clear objectives, and prioritize tasks to meet deadlines, maximize productivity, and minimize stress. Able to successfully identify which tasks are urgent (requiring immediate attention) and which are important (contributing to long-term goals). Able to effectively multitask and balance competing priorities. Habitually working with energy and commitment; industrious.
  • Collaboration & Teamwork (experienced level) Effectively working with others to reach a shared goal. Consistently displaying a willingness to shoulder a fair share of the workload in addition to helping others meet their objectives.
  • Accountability (expert level) Consistently taking ownership of one's actions, decisions, and performance, and being responsible for achieving the agreed-upon outcomes. Being reliable, dependable, and fulfilling commitments. Able to be relied upon as honest and truthful.
  • Resilience & Ability to Manage Ambiguity (experienced level) Able to withstand or recover quickly from stressful or difficult conditions. Able to move forward with less than perfect, or incomplete, information and ability to flexibly and comfortably adapt to changing work demands.
  • Critical Thinking & Intellectual Curiosity (expert level) Able to identify, evaluate, and interpret information, and question assumptions to reach well-supported, evidence-based conclusions. Open-minded and eager to seize opportunities to learn, grow, acquire knowledge, and expand skill set.
  • Leadership & Influencing (experienced level) Demonstrates the ability to influence and inspire, motivate, empower, and guide others towards a common goal. Consistently displays the highest standards, values, and behaviors, inspiring others to follow, and setting a model for excellence.
  • Enterprise Mindset (working knowledge level) 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. Understands the interconnectedness of different parts of the Bank; makes decisions that benefit the whole. Displays "big picture" thinking, considering the broader implications of decisions and actions.
  • 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 $94,000.00 - $175,000.00 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.

    This position is eligible to earn a base salary in the range of $100,000 to $135,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

    Please click here 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 : 12 / 31 / 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.

    #LI-Remote

    Create a job alert for this search

    President Management • Brooklyn, OH, United States

    Related jobs
    • Promoted
    Vice President, Investment Banking

    Vice President, Investment Banking

    Fifth ThirdCleveland, OH, United States
    Full-time
    Vice President, Investment Banking page is loaded## Vice President, Investment Bankinglocations : Cleveland, OH : Chicago, IL : New York, NY : Atlanta, GA : Charlotte, NCtime type : Full time...Show moreLast updated: 4 days ago
    • Promoted
    Office-Based Therapist

    Office-Based Therapist

    Applewood CentersAvon Lake, OH, US
    Full-time
    Salary range is $ 55,000 - $58,000 per year, plus a $4,000 sign-on, depending on relevant education, experience, and licensure. At Applewood, we prioritize our employees and their wellbeing.We provi...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Director, ABL Portfolio Management

    Senior Director, ABL Portfolio Management

    Fifth Third BankCleveland, OH, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. The Senior Director, ABL Portf...Show moreLast updated: 13 days ago
    • Promoted
    Vice President, Portfolio Management (Upper Middle Market)

    Vice President, Portfolio Management (Upper Middle Market)

    NY StaffingCleveland, OH, US
    Full-time
    Location : 127 Public Square, Cleveland Ohio COMMERCIAL PM TEAM IS GROWING.Job Summary : The VP, Portfolio Management is an individual contributor responsible for performing financial analysis and pr...Show moreLast updated: 2 days ago
    • Promoted
    Assistant Director of Nursing

    Assistant Director of Nursing

    Danbury North RidgevilleAvon Lake, OH
    Full-time
    Quick Apply
    You don’t just clock in at a job.You walk in the door to a work family who wants to make the day count.We truly believe our employees and residents are a family that comes together to enjoy t...Show moreLast updated: 30+ days ago
    • Promoted
    Licensed Crisis Therapist : Mobile Response and Stabilization Services

    Licensed Crisis Therapist : Mobile Response and Stabilization Services

    Applewood CentersAvon Lake, OH, US
    Full-time
    The MRSS Licensed Crisis Therapist will provide mobile response and stabilization services to youth (age 2-20) and families who have called the crisis hotline with a family identified crisis.The MR...Show moreLast updated: 30+ days ago
    • Promoted
    Collision Estimator

    Collision Estimator

    Crash ChampionsMedina, OH, US
    Full-time
    As one of the fastest-growing and most exciting brands in the industry, Crash Champions is the largest founder-led multi-shop operator (MSO) of high-quality collision repair service in the U.The co...Show moreLast updated: 3 days ago
    • Promoted
    VP, Portfolio Management (Utilities, Power and Renewables)

    VP, Portfolio Management (Utilities, Power and Renewables)

    KeyBankCleveland, OH, United States
    Full-time
    VP, Portfolio Management (Utilities, Power and Renewables).VP, Portfolio Management (Utilities, Power and Renewables).Perform financial analysis and prepare underwriting documents to support comple...Show moreLast updated: 4 days ago
    Vice President, Treasury

    Vice President, Treasury

    Nordson CorporationUSA, Ohio, Westlake
    Full-time
    Collaboration drives Nordson's success as a market leader in Industrial Precision Solutions and Advanced Technology.Our employees thrive in an environment where we help each other reach our persona...Show moreLast updated: 28 days ago
    • Promoted
    Portfolio Manager

    Portfolio Manager

    Farmers National Bank of CanfieldBeachwood, OH, United States
    Full-time
    Work directly with the Commercial Banking Team Leader, Regional Commercial Management, and Regional Credit Officer in all aspects of assigned relationship management (a defined "Portfolio"), which ...Show moreLast updated: 30+ days ago
    • Promoted
    VP, Portfolio Management (Utilities, Power and Renewables)

    VP, Portfolio Management (Utilities, Power and Renewables)

    KeyCorpCleveland, OH, United States
    Full-time
    VP, Portfolio Management (Utilities, Power and Renewables) page is loaded## VP, Portfolio Management (Utilities, Power and Renewables)locations : Cleveland, OH : Remote, United Statestime type : ...Show moreLast updated: 4 days ago
    • Promoted
    Senior Portfolio Manager

    Senior Portfolio Manager

    First Fiduciary Investment CounselCleveland, OH, United States
    Full-time
    First Fiduciary Investment Counsel, Inc.Oak Tree Boulevard, Suite 185, Cleveland, OH 44131.To apply, please email Varun Tamaskar at. Founded in 1975, FFIC is a highly successful, independent investm...Show moreLast updated: 1 day ago
    • Promoted
    Business Banking Relationship Manager - Cleveland, OH

    Business Banking Relationship Manager - Cleveland, OH

    WesBanco Bank Inc.Uniontown, OH, United States
    Full-time +1
    Business Banking Relationship Manager.The employee is split between remote and office work on a formalized schedule.Consideration for location will be. Banking is a highly regulated industry and you...Show moreLast updated: 7 days ago
    • Promoted
    Licensed Crisis Clinical Supervisor : Mobile Response and Stabilization Services (MRSS)

    Licensed Crisis Clinical Supervisor : Mobile Response and Stabilization Services (MRSS)

    Applewood CentersAvon Lake, OH, US
    Full-time
    Under the supervision of the Mobile Response Stabilization Program Manager, the Licensed Shift Supervisor will take and assign crisis calls from the 24 / 7 hotline to have clinicians respond face to ...Show moreLast updated: 29 days ago
    • Promoted
    Personal Banker Associate I

    Personal Banker Associate I

    Fifth Third BankEuclid, OH, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. Selected candidates are intend...Show moreLast updated: 30+ days ago
    • Promoted
    Vice President, Investment Banking

    Vice President, Investment Banking

    Fifth Third BankCleveland, OH, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION : Provide leade...Show moreLast updated: 30+ days ago
    • Promoted
    VP, Portfolio Management (Diversified)

    VP, Portfolio Management (Diversified)

    KeyBankCleveland, OH, United States
    Full-time
    The VP, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support multimillion‑debit corporate credit requests ...Show moreLast updated: 4 days ago
    • Promoted
    Business Loan Resolution Specialist - Credit Resolution - Defiance, OH

    Business Loan Resolution Specialist - Credit Resolution - Defiance, OH

    WesBanco Bank Inc.Uniontown, OH, United States
    Full-time +1
    Business Loan Resolution Specialist - Credit Resolution.The employee is split between remote and office work on a formalized schedule. Consideration for location will be.High school diploma or Gener...Show moreLast updated: 24 days ago