Associate Portfolio Management (Specialty Finance Lending)

Location 1000 South McCaslin Boulevard, Superior Colorado Job Summary The Associate, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support multimillion-dollar corporate credit requests. They obtain initial approval for new credit exposure such as revolving credit facilities, term loans, leases, foreign exchange products, derivatives and other ancillary products, and amendments to existing exposure. The role also involves ongoing credit monitoring and risk rating for a portfolio of corporate clients, reviewing legal documentation, and assisting product partners in cross‑selling additional bank products. The Associate demonstrates emerging leadership skills, working independently or with other Portfolio Managers. As a first line of defense, Associate PMs maintain a solutions‑oriented, growth mindset, moderate risk appetite, and asset quality in line with line‑of‑business goals. KeyBank Specialty Finance Lending (KBSFL) Associate identifies and evaluates risk for a portfolio of highly structured transactions. Responsibilities include reviewing loan and lease documentation, performing facility monitoring, analyzing credit risk, preparing portfolio reports, conducting annual reviews, compiling information for internal and external examinations, and performing additional duties as assigned. Essential Functions Perform credit and risk monitoring of highly structured Specialty Finance transactions. Review loan and lease documentation to evaluate deal structure and ensure covenant compliance. Analyze and assess customer and transaction exposures and concentrations within the KBSFL portfolio and individual deals. Prepare minor amendments and waivers, as needed. Recommend credit strategies to mitigate portfolio risks. Perform periodic reviews of existing portfolio deals, assessing equipment/collateral and evaluating transactional, operational and credit risk. Recommend appropriate risk ratings for transactions. Identify problem loans and leases and support workout efforts as needed. Compile information as requested for internal and external examinations, reviews and audits. Ensure compliance with KeyCorp and KBSFL policies and procedures, evaluating risks in accordance with those policies. Escalate issues as appropriate. Gather and analyze all relevant financial data for clients or prospects, including spreading financial statements and collaborating with third‑party vendors for accuracy. Model future financial performance of clients and prospects, including downside scenarios. Assist Business Partners/Bankers/Relationship Managers in structuring transactions. Perform enhanced leveraged cash flow due diligence when appropriate (e.g., in specific Banking Group Portfolio Management 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 regulations including Know Your Customer (KYC), MCA, Patriot Act and OFAC checks, and certifying Beneficial Ownership. Manage the approval process for lending commitments, amendments, waivers, and consents, providing monitoring, reporting and 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 accuracy. Monitor accounts/ongoing financial performance of the portfolio to track covenant compliance, determine liquidity, earnings trends and other essential information to minimize potential losses. Ensure data integrity in Key’s systems and reporting; keep all assets appropriately risk‑rated with timely changes. Identify potential problem accounts and work with the Asset Recovery Group, as appropriate, to improve the bank’s position. Establish and maintain direct client relationships; attend management presentations, bank meetings and conduct plant/site visits as appropriate to monitor business conditions and identify new underwriting and business opportunities. Contribute to white papers prepared by industry groups. Provide guidance and feedback to Analysts as appropriate. Gather and prepare data in response to ad‑hoc data requests. Perform other duties as assigned; duties may change or new ones may be assigned at any time. Comply with all KeyBank policies and procedures; act professionally, conduct business ethically, avoid conflicts of interest and act in the best interests of Key’s clients. Education Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business (preferred). Master’s Degree (MBA) (preferred). Work Experience 3 or more years of commercial underwriting, credit, banking and/or financial services experience (required). Commercial lending, commercial leasing or credit analysis experience combined with finance and accounting experience (preferred). 2 or more years’ experience working with structured finance transactions (e.g., CLOs or ABS) (preferred). Strong knowledge of and ability to apply financial analysis and accounting concepts. Strong knowledge of loan and lease documentation. Strong organizational skills. Ability to analyze a wide variety of lessee and industry information. Ability to work independently. Ability to make and support recommendations. Preferred Qualifications Experience with a variety of collateral types including middle‑market loans, growth capital loans, transportation assets (aviation, rail, marine container) and other esoteric assets. Regulatory experience. Loan review or audit experience. MBA, CFA designation or other advanced training relevant to position. Strong knowledge of financial analysis applications (e.g., Moody’s Credit Lens). Software Used Moody’s Credit Lens LoanIQ Skills Demonstrates an understanding of foundational accounting principles and can interpret and analyze financial statements to assess a company’s financial health. Evaluates emerging and existing considerations; chooses the best path forward using informed decision‑making techniques in lending and business situations. Conveys information clearly and persuasively, both verbally and in writing. Shepherds a transaction through all required stages, meeting deadlines, managing risk and ensuring a favorable client experience. Identifies, assesses and controls potential risks involved with corporate lending; grades loans accurately and negotiates credit agreements. Takes initiative, sets clear objectives and prioritizes tasks to meet deadlines. Works well with others to reach shared goals, assumes fair workload and supports teammates. Takes ownership of actions, decisions and performance, fulfilling commitments reliably. Adapts quickly to stressful or changing conditions. Evaluates information and questions assumptions to reach evidence‑based conclusions. Influences, motivates, empowers and guides others toward common goals. Competent with Microsoft Office and other technology applications; experienced with Word, Excel and PowerPoint. Competent in financial analysis and modeling. Collects relevant research, analyzes data and synthesizes large amounts of information to assess corporate creditworthiness. Emerging experience structuring meaningful and appropriate financial covenants for syndicated debt facilities. Developing experience managing the lead/administrative‑agent role in syndicated deals. Leads discussions with clients and acts as the primary lending representative on deal execution under supervision. Foundational knowledge of business and legal elements of credit agreements; works with counsel and collaborates on document negotiations. Foundational understanding of banking and investment banking products and services. Effectively presents and communicates, collaborating to make an impact. Plans, multi‑tasks, manages time effectively and leads work independently when needed. Core Competencies All KeyBank employees are expected to demonstrate Key’s Values and abide by Key’s Code of Conduct. Physical Demands General Office: prolonged sitting, ability to communicate face‑to‑face or by phone, frequent PC/laptop use, occasional lifting of backpacks or computer bags up to 10 lbs. Travel Occasional travel, including overnight stays. Work Location Category Hybrid (3 or more days in office). Compensation And Benefits This position is eligible to earn a base salary in the range of $80,000.00 – $150,000.00 annually. Compensation may vary based on skills, experience and geographic location. The role also includes incentive compensation such as production, commission and discretionary incentives. Key offers a comprehensive benefits package, including health, dental, vision, retirement plans and other employee‑friendly programs. Key promotes a flexible framework that balances office presence and mobile work environments. Equal Opportunity Employer KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. 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 View email address on click.appcast.io. #J-18808-Ljbffr KeyBank