VP, Portfolio Management (Diversified)

Keybank National Association • Albany, NY

87d • $120,000 - $150,000

About The Position

The VP, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing 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, occasionally complex, credit exposure (e.g., revolving credit facilities, term loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. Additionally, the VP, Portfolio Management is responsible for ongoing credit monitoring and risk rating for a portfolio of corporate clients with a complexity profile commensurate to experience (primarily participations in other bank's syndicated deals with a small number of Left Lead deals), reviewing legal documentation, and assisting product partners in cross-selling additional bank products. This individual should demonstrate leadership skills within credit underwriting and portfolio management; they may work somewhat independently, or in conjunction with other Portfolio Managers (PMs) on a deal team, providing feedback and guidance to junior staff as appropriate. As part of the first line of defense, Vice President 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.

Requirements

• Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business (required)
• Minimum of 5+ years of commercial underwriting, credit, banking and/or financial services experience (required)
• Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications (required)
• Demonstrated competence in financial analysis and modeling (required)
• Well established ability to gather relevant research, analyze data, and concisely synthesize large amounts of information in order to accurately assess corporate creditworthiness and create a detailed and thorough underwriting package (required)
• Experience structuring meaningful and appropriate financial covenants for syndicated debt facilities (required)
• Developing experience managing the left lead /administrative agent role in syndicated deals (required)
• Ability to lead discussions with clients during negotiations and act as primary lending representative on deal execution (required)
• Knowledge of business and legal elements of credit agreements, and the ability to work with counsel and collaborate through document negotiations (required)
• Solid understanding of banking and investment banking products and services and current market dynamics, trends, and terms (required)
• Effective and polished presentation and communication skills (required)
• Ability to plan, multi-task, manage time effectively, and lead work independently with limited direction (required)

Nice To Haves

• Master's Degree /MBA (preferred)

Responsibilities

• Gather and analyze all relevant financial data for, often high value, 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, identifying risks and mitigants, and assessing creditworthiness.
• Model future financial performance of clients and prospects, including downside scenarios.
• Demonstrate leadership in structuring transactions, in collaboration with Business Partners/Bankers/and Relationship Managers.
• Perform enhanced leveraged cash flow due diligence, when appropriate.
• 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 all relevant regulations including Know Your Customer (KYC), running MCA/Patriot Act/OFAC checks as well as certifying Beneficial Ownership.
• Manage the approval process for, occasionally complex, lending commitments, amendments, waivers, and consents.
• Review and properly maintain all necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation.
• Monitor accounts/ongoing financial performance of portfolio to track covenant compliance, determine liquidity, earnings trends, management capability and other essential information.
• Identify potential problem accounts and work with our Asset Recovery Group, as appropriate.
• Establish and maintain direct client relationships.
• 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 data requests.
• Perform other duties as assigned.

Benefits

• Base salary in the range of $120,000 to $150,000 annually
• Eligibility for short-term incentive compensation
• Deferred incentive compensation subject to individual and company performance

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees