Vice President, Portfolio Management; State and Local Governments and Education Team

Location

127 Public Square, Cleveland Ohio

The Vice President, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documentation to support multimillion-dollar credit requests within the State & Local Governments and Education (SLED) portfolio. These activities support the growth of funded assets and client relationships while maintaining asset quality within the Bank's defined risk appetite.

Credit activities include obtaining initial approval for new and, at times, complex credit exposure (e.g., municipal loans, leases, lines of credit, ACH exposure, and other public sector lending products), as well as amendments, renewals, and modifications to existing facilities.

The VP, Portfolio Management is also responsible for ongoing credit monitoring and risk rating for a portfolio of SLED clients, including municipalities and not-for-profit education institutions, with a level of complexity commensurate with experience. Responsibilities include evaluating borrower performance, ensuring covenant compliance, reviewing legal documentation, and supporting the identification of opportunities to expand client relationships through additional bank products.

This individual is expected to demonstrate leadership within credit underwriting and portfolio management, working both independently and in partnership with other Portfolio Managers and deal team members. The role may include providing guidance and feedback to junior team members, as appropriate.

As part of the first line of defense, Vice President Portfolio Managers are expected to consistently demonstrate a solutions-oriented, growth mindset that supports line of business objectives while maintaining sound risk management practices and supporting high-quality credit outcomes.

This position functions as an integral member of the deal team, contributing to transaction execution, credit decisioning, and client relationship support, while ensuring adherence to credit policy, regulatory requirements, and internal procedures. The role offers exposure to municipal finance clients and complex credit structures within a collaborative team environment.

• Gather and analyze all relevant financial data for high value clients or prospects, including spreading financial statements and collaborating with third‑party vendors to ensure accuracy of financial spreads, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, and assessing creditworthiness.
• Demonstrate leadership in structuring transactions with Business Partners, Bankers, and Relationship Managers. Viewed as a value‑add financial advisor by the client/borrower, critical and knowledgeable contributor to the deal team and respected by Credit for a solid reputation managing risk.
• Prepare clear and comprehensive credit underwriting documents outlining transaction structure, financial performance, risks and mitigants, and compliance with policy.
• Analyze borrower financial statements, budgets, and operating data to assess creditworthiness and repayment capacity.
• Manage ongoing portfolio monitoring activities, including covenant compliance, risk rating accuracy, and identification of emerging credit concerns.
• Participate in the approval process for lending commitments, amendments, waivers, and consents, addressing feedback from Credit partners.
• Review and maintain loan documentation to ensure alignment with approved credit terms and conditions.
• Ensure compliance with all applicable policies and regulatory requirements, including KYC and related due diligence processes.
• Partner with Relationship Managers to support client interactions, deal execution, and identification of cross‑sell opportunities.
• Maintain accurate data and reporting within required systems (e.g., nCino, Salesforce, and other internal platforms).
• Contribute to team initiatives, process improvements, and ad hoc projects as assigned.
• Provide guidance and feedback to Analysts and Associates as appropriate.
• Performs other duties as assigned; duties, responsibilities, and/or activities may change, or new…