VP, Credit Portfolio Management (Financial Institutions/Insurance)

KeyBank; Ohio; Remote; USD 120,000 - 150,000; Full time

Job summary

A leading financial institution seeks a Portfolio Management Vice President to oversee corporate credit requests and financial analysis. This role requires strong financial acumen and experience in managing client portfolios, particularly in Financial Services. The ideal candidate will demonstrate expertise in credit risk assessment and financial modeling, contributing to the bank's success through effective portfolio management. The position offers a competitive salary and flexible working options.

Qualifications

• Minimum of five years in corporate credit Portfolio Management.
• Experience with secured and unsecured corporate cash flow lending.

Responsibilities

• Perform financial analysis and prepare underwriting documents.
• Monitor ongoing financial performance of portfolio companies.
• Assist product partners in cross-selling additional bank products.

Skills

Financial Analysis

Credit Risk Assessment

Financial Modeling

Communication

Education

Undergraduate degree in Finance

MBA

Job description

Location:

127 Public Square - Cleveland, Ohio 44114

JOB BRIEF (PURPOSE)

The Portfolio Management Vice President will be responsible for performing financial analysis and preparing underwriting documents to support complex, multimillion-dollar corporate credit requests. Such requests include obtaining initial approval for new credit exposure (i.e., revolving credit facilities, terms loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. Additionally, the Portfolio Management Vice President will be responsible for ongoing credit monitoring for a portfolio of corporate clients, reviewing legal documentation, and assisting product partners in cross-selling additional bank products. This role will be primarily focused on managing a portfolio of Financial Services clients (including Insurance companies) but may also include some Diversified Commercial & Industrial ("C&I") clients.

ESSENTIAL JOB FUNCTIONS

• Gather and analyze all relevant financial data for a client or prospect, including spreading financial statements, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, etc.

• Model future financial performance of clients and prospects, including downside scenarios

• Prepare a thorough credit underwriting document identifying credit risks and mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues

• Perform enhanced Leveraged Cash Flow due diligence, when appropriate

• Assist Syndications/Relationship Managers in structuring transactions, as applicable

• Work closely with assigned Acuity Knowledge Partners analyst, who provides outsourced analytical support

• Manage the approval process for lending commitments, amendments, waivers, and consents, including making recommendations to Credit Executives

• Ensure compliance with all Know Your Customer ("KYC") regulations

• Review all necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation in order to ensure that the documentation correctly reflects approval. Work closely with outside counsel, as applicable

• Properly maintain documentation and necessary business records

• Monitor the ongoing financial performance of portfolio companies and track covenant compliance

• Conduct periodic plant or site visits to monitor business conditions and attend client/bank meetings when appropriate; establish rapport with clients' C-suite

• Proactively identify potential problem credits and work to improve the Bank's position in undesirable situations

• Prepare white papers on assigned industry segments, as requested

• Assist product partners in cross selling additional bank products

• Provide guidance and feedback to Analysts and Associates

REQUIRED COMPETENCIES/SKILLS

• Experience with / knowledge of secured and unsecured corporate cash flow lending

• Demonstrated ability to accurately assess corporate creditworthiness and create a detailed and thorough underwriting package

• Demonstrated competence in financial analysis and financial modeling

• Experience in structuring meaningful and appropriate financial covenants for syndicated debt facilities

• Familiarity with corporate banking products such as Enterprise Commercial Payments ("ECP"), Foreign Exchange ("FX"), Derivatives, etc.

• Solid understanding of fundamental Investment Banking 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

REQUIRED QUALIFICATIONS

• Minimum of five (5) years of experience in corporate credit Portfolio Management/Credit Risk/Relationship Management

• Undergraduate degree in Finance, Accounting, Economics, Business, or equivalent work experience

PREFERRED QUALIFICATIONS

• Minimum of seven (7) years of experience in corporate credit Portfolio Management/Credit Risk/Relationship Management

• MBA

• Experience with lending to Financial Services companies, including Insurance companies.

• Experience analyzing the financial performance of Financial Services companies, including Insurance companies.

• Experience evaluating statutory statements.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $120,000to $150,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

Job Posting Expiration Date: 06/20/2025KeyCorp 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, disability or veteran status.

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 [e-mail].

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