2 Vice President, Portfolio Management (Commercial) Jobs in Cleveland, OH
SORT BY
K
C
Vice President, Portfolio Management (Commercial)
$151k-212k (estimate)
Full Time | Banking
5 Months Ago
Sorry! This job is no longer available. Please explore similar jobs listed on the left.
KeyBank is Hiring a Vice President, Portfolio Management (Commercial) Near Cleveland, OH
Location:127 Public Square - Cleveland, Ohio 44114
JOB BRIEF (PURPOSE)The Portfolio Management Vice President will be responsible for performing financial analysis and preparing underwriting documents to support complex, multimillion-dollar corporate credit requests. Such requests include obtaining initial approval for new credit exposure (i.e., revolving credit facilities, terms loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. Additionally, the Portfolio Management Vice President will be responsible for ongoing credit monitoring for a portfolio of corporate clients, reviewing legal documentation, and assisting product partners in cross-selling additional bank products.
Essential Job Functions
Please click here for a list of benefits for which this position is eligible.
Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.
Job Posting Expiration Date: 07/31/2024
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
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.
JOB BRIEF (PURPOSE)The Portfolio Management Vice President will be responsible for performing financial analysis and preparing underwriting documents to support complex, multimillion-dollar corporate credit requests. Such requests include obtaining initial approval for new credit exposure (i.e., revolving credit facilities, terms loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. Additionally, the Portfolio Management Vice President will be responsible for ongoing credit monitoring for a portfolio of corporate clients, reviewing legal documentation, and assisting product partners in cross-selling additional bank products.
Essential Job Functions
- Gather and analyze all relevant financial data for a client or prospect, including spreading financial statements, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, etc.
- Model future financial performance of clients and prospects, including downside scenarios
- Prepare a thorough credit underwriting document identifying credit risks and mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues
- Perform enhanced Leveraged Cash Flow due diligence, when appropriate
- Assist Syndications/Relationship Managers in structuring transactions, as applicable
- Work closely with assigned Acuity Knowledge Partners analyst, who provides outsourced analytical support
- Manage the approval process for lending commitments, amendments, waivers, and consents, including making recommendations to Credit Executives
- Ensure compliance with all Know Your Customer (“KYC”) regulations
- Review all necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation in order to ensure that the documentation correctly reflects approval. Work closely with outside counsel, as applicable
- Properly maintain documentation and necessary business records
- Monitor the ongoing financial performance of portfolio companies and track covenant compliance
- Conduct periodic plant or site visits to monitor business conditions and attend client/bank meetings when appropriate; establish rapport with clients’ C-suite
- Proactively identify potential problem credits and work to improve the Bank's position in undesirable situations
- Prepare white papers on assigned industry segments, as requested
- Assist product partners in cross selling additional bank products
- Provide guidance and feedback to Analysts and Associates
- Experience with / knowledge of secured and unsecured corporate cash flow lending
- Demonstrated ability to accurately assess corporate creditworthiness and create a detailed and thorough underwriting package
- Demonstrated competence in financial analysis and financial modeling
- Experience in structuring meaningful and appropriate financial covenants for syndicated debt facilities
- Familiarity with corporate banking products such as Enterprise Commercial Payments (“ECP”), Foreign Exchange (“FX”), Derivatives, etc.
- Solid understanding of fundamental Investment Banking concepts Ability to plan, multi-task, manage time effectively, and work independently with limited direction
- Ability to communicate professionally, competently, and persuasively in verbal and written formats
- Minimum of five (5) years of experience in corporate credit Portfolio Management/Credit Risk/Relationship Management
- Undergraduate degree in Finance, Accounting, Economics, Business, or equivalent work experience
- Minimum of seven (7) years of experience in corporate credit Portfolio Management/Credit Risk/Relationship Management
- MBA
Please click here for a list of benefits for which this position is eligible.
Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.
Job Posting Expiration Date: 07/31/2024
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
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.
Job Summary
JOB TYPE
Full Time
INDUSTRY
Banking
SALARY
$151k-212k (estimate)
POST DATE
03/28/2024
EXPIRATION DATE
07/22/2024
WEBSITE
key.com
HEADQUARTERS
TOLEDO, OH
SIZE
15,000 - 50,000
FOUNDED
1849
TYPE
Public
CEO
RICK GRAY
REVENUE
$5B - $10B
INDUSTRY
Banking
Related Companies
About KeyBank
KeyBank is a provider of personal and commercial banking products and services for businesses and individuals.
Show more
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application
Read Article
How to Describe Your Education in a Resume
Read Article
How to Write a Memorable Cover Letter in 5 Ways
Read Article
4 Personal Finance Tips to Make During Job Transition
Read Article
4 Best Camera Setups for Interview
Read Article
Keeping a Job Search Journal: 9 Types of Journaling You Can Do
Read Article
