Vice President or Senior Vice President, Portfolio Management; Industry Focus: Financial Instit

Location

127 Public Square, Cleveland Ohio

The Senior Vice President, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support complex, 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, often multi‑faceted credit exposure (for example revolving credit facilities, term loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure.

Additionally, the Senior Vice President, Portfolio Management will be assigned a portfolio of high‑value corporate clients (often with many left‑lead and highly complex deals) for which they will take ownership of ongoing credit monitoring and risk rating, negotiate and review legal documentation, and assist product partners in cross‑selling additional bank products. The Senior Vice President, Portfolio Management is often one of the most senior deal team members on a transaction and will lead some of the group’s most challenging and complex underwritings and lead left opportunities.

In many cases, they will work independently handling all Portfolio Manager duties “hands on keyboard” with little or no support from junior staff but will provide feedback and guidance to junior staff as appropriate. As part of the first line of defense, Senior 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.

While we will consider experienced candidates with a generalist Commercial & Industrial (C&I) underwriting/portfolio management background, experience underwriting credit exposure for insurance companies, financial services companies, and/or other financial institutions (FIG) is preferred. Please note that this role focuses on credit underwriting for borrowers within the financial institutions sector and does not involve insurance policy underwriting. This position may be filled at either the Vice President (VP) or Senior Vice President (SVP) level, with job title and compensation determined based on the selected candidate’s experience, qualifications, and relevant industry expertise.

• Gather and analyze all relevant financial and industry data for high‑value clients or prospects, including collaborating with third‑party vendors to ensure accuracy of financial statements, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, while effectively utilizing and providing feedback to third‑party resources.
• Model future financial performance of clients and prospects, including downside scenarios.
• Serve as a thought leader on the deal team, guiding business partners, bankers, and relationship managers in structuring transactions, especially when working with complex, multi‑faceted deal structures. Be viewed as a critical financial advisor and partner by clients and respected by credit for a solid reputation managing risk.
• Perform enhanced leveraged cash‑flow due diligence when appropriate (for specific Banking Group Portfolio Management specialty groups).
• Prepare a thorough credit underwriting document, drawing on experience and deep industry expertise to proactively identify 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), MCA/Patriot Act/OFAC checks, and certifying beneficial ownership.
• Lead the approval process for complex lending commitments, amendments, waivers, and consents, including providing monitoring, reporting, and making recommendations to Credit Executives as appropriate.
• Obtain and review all necessary documentation and business records, including credit agreements, guarantees, pledges, and collateral agreements, to ensure they correctly…