Vice President or Senior Vice President, Portfolio Management (Industry Focus: Financial Instit[...]

Location: 127 Public Square, Cleveland, Ohio Job Summary The Senior Vice President, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support complex, 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, often multi‑faceted, credit exposure (e.g., revolving credit facilities, term loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. The role is assigned a portfolio of high‑value corporate clients and involves ongoing credit monitoring and risk rating, negotiating and reviewing legal documentation, and assisting product partners in cross‑selling additional bank products. The Senior Vice President, Portfolio Management is often one of the most senior deal team members on a transaction and will lead some of the group’s most challenging and complex underwritings and lead left opportunities. In many cases, the individual will work independently, handling all Portfolio Manager (PM) duties with minimal support from junior staff, while providing feedback and guidance to junior staff as appropriate. Responsibilities Gather and analyze all relevant financial and industry data for high‑value clients or prospects, including collaborating with third‑party vendors to ensure accuracy of financial statements, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, and providing feedback to third‑party resources. Model future financial performance of clients and prospects, including downside scenarios. Serve as a thought leader on the deal team, guiding Business Partners, Bankers, and Relationship Managers in structuring transactions, especially complex multi‑faceted deal structures. Perform enhanced leveraged cash flow due diligence when appropriate, such as within the Banking Group Portfolio Management (BGPM) specialty groups. Prepare thorough credit underwriting documents, proactively identifying credit risks and mitigants and industry concerns. Ensure compliance with all relevant regulations including Know Your Customer (KYC), running MCA/Patriot Act/OFAC checks, and certifying Beneficial Ownership. Lead the approval process for complex lending commitments, amendments, waivers, and consents, providing monitoring, reporting, and recommendations to Credit Executives as appropriate. Obtain and review all necessary documentation and business records, including credit agreements, guarantees, pledges, and collateral agreements, ensuring correct terms and conditions. Monitor accounts and ongoing financial performance of the portfolio to track covenant compliance, liquidity, earnings trends, and other essential information, maintaining data integrity in Key's systems. Proactively identify potential problem accounts and work with the Asset Recovery Group to improve the bank’s position in undesirable situations. Establish and maintain strong client relationships, attend management presentations, bank meetings, and conduct plant/site visits as appropriate. Contribute to or prepare white papers on assigned industry segments. Gather and prepare data in response to ad hoc data requests. Provide guidance and feedback to Analysts, Associates, and Vice Presidents as appropriate. Perform other duties as assigned; responsibilities may change or new ones may be assigned at any time. Comply with all KeyBank policies and procedures, acting professionally and ethically at all times. Education Qualifications Bachelor’s Degree in finance, accounting, economics, or business or equivalent work experience (required). Master’s Degree or MBA (preferred). Experience Qualifications Minimum of 7 years commercial underwriting, credit, banking and/or financial services experience for SVP PM level; 5 years for VP PM level (required). Competence with Microsoft Office and the ability to learn and effectively utilize other technology applications (required). Strong competence in financial analysis and modeling (required). Ability to gather relevant research, analyze data, and synthesize large amounts of information to assess corporate creditworthiness and create a detailed underwriting package (required for both levels). Proficiency in structuring financial covenants for syndicated debt facilities (required for both levels). Experience managing the left‑lead or administrative agent role in complex syndicated deals (required for both levels). Ability to lead client negotiations and act as a primary lending representative during deal execution, leveraging senior leaders as appropriate (required for both levels). Knowledge of the business and legal elements of credit agreements and ability to manage counsel and document negotiations (required for both levels). Understanding of banking and investment banking products, services, and current market dynamics (required for both levels). Strong presentation and communication skills, collaboratively influencing and challenging with impact (required for both levels). Ability to plan, multi‑task, manage time effectively, and lead work independently with limited direction (required for both levels). Preferred Qualifications Experience lending to Financial Institutions, including insurance companies. Experience analyzing the financial performance of Financial Institutions, including insurance companies. Experience evaluating statutory statements. Tactical Skills Financial & Credit Acumen – Understanding of accounting principles and ability to analyze financial statements and ratios. Sound Judgment – Evaluate emerging and existing considerations and choose the best path forward. Communication – Convey information clearly, concisely, and persuasively in all formats. Effective Transaction Management – Shepherd a transaction through required stages, staying organized and meeting deadlines. Effective Risk Management – Identify, assess, and control potential risks; properly grade loans and negotiate credit agreements. Proactive Time Management – Prioritize tasks, meet deadlines, and balance competing priorities. Collaboration & Teamwork – Work effectively with others to reach shared goals. Accountability – Take ownership of actions and decisions, being reliable and dependable. Resilience & Ability to Manage Ambiguity – Adapt to changing work demands and move forward with incomplete information. Critical Thinking & Intellectual Curiosity – Evaluate information, question assumptions, and seek knowledge. Enterprise Mindset – Prioritize broader organizational goals over individual department interests. Core Competencies All KeyBank employees are expected to demonstrate Key's values and sustain proficiency in identified leadership competencies. Physical Demands General office duties including prolonged sitting, face‑to‑face communication, frequent use of PC/laptop, occasional lifting or pushing of computer bags up to 10 lbs. Travel Occasional travel, including overnight stays. Work Location – If candidate is near one of KeyBank's locations, the role will be hybrid, requiring attendance in the office at least three days a week. Compensation And Benefits – This position is eligible to earn a base salary in the range of $128,000 to $268,000 annually, with eligibility for incentive compensation including production, commission, and discretionary incentives. Key has implemented an approach to employee workspaces that prioritizes in‑office presence while providing flexible options when roles can be performed effectively from a mobile environment. 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 limited in their ability to apply on this site may request reasonable accommodations by emailing View email address on click.appcast.io. #J-18808-Ljbffr KeyBank