Vice President, Portfolio Management (Commercial Upper Middle Market- West Region)

KeyBank•Portland, OR

1d•$96,000 - $181,000•Hybrid

About The Position

The Vice President, Portfolio Management is an individual-contributor role supporting multimillion-dollar corporate credit requests and managing an ongoing portfolio of corporate clients. The role performs financial analysis and prepares underwriting documents for new and existing credit exposure, including revolving credit facilities, term loans, leases, foreign exchange, derivatives, and ancillary products. It supports growth in funded assets and the client base while maintaining asset quality within a moderate risk profile. The position is responsible for ongoing credit monitoring and risk rating across a portfolio whose complexity is commensurate with the employee’s experience. The portfolio primarily consists of participations in other banks’ syndicated deals, with a small number of left-lead deals. The Vice President reviews legal documentation, supports product partners in cross-selling bank products, and may work independently or alongside other Portfolio Managers on a deal team. The role provides guidance and feedback to junior staff as appropriate and is expected to take a solutions-oriented, growth-minded approach that supports business goals while maintaining the bank’s risk appetite and asset quality. The position is based at 127 Public Square in Cleveland, Ohio, and is categorized as hybrid, with three or more days in the office. Occasional travel, including overnight stays, is required.

Requirements

At least 5 years of commercial underwriting, credit, banking, and/or financial services experience.
Bachelor’s degree or equivalent work experience in finance, accounting, economics, and/or business is preferred.
Expert-level understanding of accounting principles and ability to analyze financial statements and use financial ratios to assess financial strength and risk.
Expert-level judgment and decision-making in lending and business situations.
Expert-level written, verbal, and nonverbal communication skills, including the ability to synthesize complex information and keep clients, partners, and teammates informed.
Experience shepherding transactions through required stages while meeting deadlines, managing risk, and supporting a favorable client experience.
Experience identifying, assessing, and controlling corporate lending risks; grading loans; interpreting and negotiating credit agreements and loan documentation; and using loan terms to mitigate risk.
Ability to take initiative, set objectives, prioritize and manage competing tasks, and work productively to deadlines.
Ability to collaborate and share workload toward common goals; demonstrate ownership, reliability, resilience, adaptability, and evidence-based critical thinking.
Ability to influence, guide, motivate, and set a strong example for others; understanding of broader organizational goals and the interconnectedness of bank functions.
Effective presentation and communication skills, including the ability to influence and challenge collaboratively.
Ability to plan, multitask, manage time effectively, and lead work independently with limited direction.
Competence with Microsoft Office and ability to learn and use other technology applications.
Ability to research, analyze, and synthesize information to assess corporate creditworthiness and produce detailed underwriting packages.
Competence in financial analysis and modeling.
Experience structuring appropriate financial covenants for syndicated debt facilities.
Developing experience managing the left-lead or administrative-agent role in syndicated deals.
Ability to lead client discussions during negotiations and act as the primary lending representative during deal execution, leveraging senior leaders as appropriate.
Knowledge of business and legal elements of credit agreements and ability to work with counsel on document negotiations for agented transactions or assist a lead syndicator.
Solid understanding of banking and investment banking products and services, market dynamics, trends, and terms.
Ability to meet the physical demands of a general office environment, including prolonged sitting, in-person and telephone communication, frequent computer use, and occasional lifting, pushing, or pulling of items up to 10 pounds.

Nice To Haves

Master’s degree (MBA) preferred.

Responsibilities

Gather and analyze client and prospect financial information, including spreading financial statements, reviewing historical performance, calculating credit metrics, identifying risks and mitigants, and assessing creditworthiness.
Model future financial performance, including downside scenarios.
Structure transactions in collaboration with business partners, bankers, and relationship managers; contribute to deal teams and serve as a financial advisor to clients or borrowers.
Perform enhanced leveraged cash flow due diligence when appropriate for assigned specialty groups.
Prepare thorough credit underwriting documents covering credit risks and mitigants, industry concerns, market share trends, financial trends, and other relevant credit issues.
Ensure compliance with applicable regulations, including Know Your Customer requirements, MCA/Patriot Act/OFAC checks, and Beneficial Ownership certification.
Manage approvals for lending commitments, amendments, waivers, and consents, including monitoring, reporting, and recommendations to Credit Executives as appropriate.
Review and maintain legal documentation, including credit agreements, guarantees, security pledges, and collateral documentation, to ensure it accurately reflects approvals.
Monitor portfolio accounts and financial performance, including covenant compliance, liquidity, earnings trends, management capability, and other information needed to protect the bank’s position and minimize losses.
Maintain data integrity in Key’s systems and reporting, and ensure assets are appropriately risk-rated with timely updates.
Identify potential problem accounts and work with the Asset Recovery Group as appropriate.
Establish and maintain direct client relationships; attend management presentations and bank meetings, and conduct plant or site visits as appropriate to monitor business conditions or identify underwriting and 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 requests.
Perform other duties as assigned and comply with KeyBank policies and procedures, including professional and ethical conduct and acting in clients’ and Key’s best interests.