Analyst, Portfolio Management (Leveraged Loans Team)

KeyBank•Cleveland, OH

6d•$63,000 - $96,000•Hybrid

About The Position

The Analyst, Portfolio Management is an individual contributor responsible for supporting the Portfolio Management team in their financial analysis and preparation of 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 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 Analyst also assists the team with ongoing credit monitoring and risk rating of corporate clients and gathering and supporting the review of legal documentation. This individual should demonstrate emerging leadership skills within credit underwriting and portfolio management; they may work independently on assigned tasks, but generally under the supervision of other Portfolio Managers (PMs) on a deal team. As part of the first line of defense, Analyst 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. The Leveraged Loans Analyst will be responsible for supporting the Leveraged Loans team in their performance of financial analysis and the preparation of underwriting documents to support complex, multimillion-dollar LBOs, MBOs, go-privates and recapitalizations. Additionally, the Leveraged Loans Analyst will assist the team with the ongoing credit monitoring, LCF modeling, underwriting and diligence on new transactions and annual reviews. This job reports up through Banking Group Portfolio Management (BGPM). BGPM is responsible for underwriting new loan opportunities and managing a portfolio of loans in the following industry and business segments: Energy, Leveraged Finance, Healthcare, Asset Based Lending, Diversified, Middle Market (including Agribusiness), Business Banking, Private Banking, Small Business and SBA.

Requirements

Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business (required)
equivalent experience (required)
Experience in financial and/or borrower analysis (required)
Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications.
Significant experience with Microsoft Excel.
Ability to gather relevant research, analyze data, and synthesize information to draw conclusions and produce insights.
Foundational understanding of banking and investment banking products and services.
Effective presentation and communication skills, with the ability to collaboratively make an impact.
Ability to plan, multi-task, manage time effectively, and lead work independently at times, with supervision of senior team members.
Proficiency in financial analysis and financial modeling
Understanding of fundamental Corporate Finance 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

Nice To Haves

Experience preparing credit write-ups and/or capital markets analysis (preferred)
Minimum of one year of banking experience (preferred)

Responsibilities

Gather and analyze relevant financial data for 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, and supporting the identification of risks, mitigants and determination of creditworthiness.
Model future financial performance of clients and prospects, including downside scenarios.
Prepare credit underwriting documents identifying credit risks and mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues.
Ensure compliance with all regulations.
Participate in the approval process for lending commitments, amendments, waivers, and consents, including providing monitoring and reporting.
Support PM teammates as needed with the review and maintenance of necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation to ensure that the documentation correctly reflects approval from credit.
Perform ongoing monitoring of financial performance and covenant compliance, supporting the accuracy and timeliness of risk rating changes.
Ensure data integrity in Key's systems and reporting.
Identify potential credit concerns and escalate to PM deal team as appropriate to support and/or improve the bank's credit position.
Participate and attend management presentations, bank meeting and site visits as appropriate to support the monitoring of business conditions and creditworthiness.
Conduct in-depth analysis and research on issuers and borrowers across various sectors through close, in-office collaboration with team members and access to on-site resources.
Assist in Leveraged Cash Flow due diligence.
Assist Syndications/Relationship Managers in structuring transactions, as applicable
Take part in the approval process for lending commitments, amendments, waivers and consents, including answering questions from Credit Executives when appropriate
Assist in compliance with all Know Your Customer (“KYC”) regulations
Properly maintain documentation and necessary business records
Assist senior staff in monitoring the ongoing financial performance of portfolio companies and tracking covenant compliance
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.