VP, Portfolio Management

Job Summary

The VP, Portfolio Management is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support multimillion‑door corporate credit requests that grow funded assets and Key Bank’s client base, while maintaining asset quality within a moderate risk profile. These requests include obtaining initial approval for new, occasionally complex credit exposures such as revolving credit facilities, term loans, leases, foreign exchange products, derivatives, and other ancillary products, and amendments to existing exposure.

Additionally, the VP is responsible for ongoing credit monitoring and risk rating for a portfolio of corporate clients with a complexity profile commensurate to experience (primarily participation in other banks’ syndicated deals with a small number of left‑lead deals). The role requires reviewing legal documentation and assisting product partners in cross‑selling additional bank products. The VP should demonstrate leadership skills within credit underwriting and portfolio management;

the position may require independent work or collaboration with other portfolio managers, 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 supports line‑of‑business goals while maintaining a moderate risk appetite and upholding asset quality.

127 Public Square, Cleveland, Ohio

• Gather and analyze financial data for high‑value clients or prospects, including spreading statements and collaborating with third‑party vendors to ensure accuracy of financial spreads. Analyze historical performance, calculate credit metrics, identify risks and mitigants, and assess 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. Provide value‑added financial advising to clients and serve as a solid reputation‑building contributor to the deal team.
• Perform enhanced leveraged cash‑flow due diligence when appropriate.
• Prepare thorough credit underwriting documents identifying credit risks, mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues.
• Ensure compliance with regulations such as KYC, OFAC‑MCAA checks, and certify beneficial ownership.
• Manage approval processes for lending commitments, amendments, waivers, and consents—monitoring, reporting, and recommending to credit executives.
• Review and maintain legal documentation, including credit agreements, guarantees, security pledges, and collateral documentation.
• Monitor accounts for covenant compliance, liquidity, earnings trends, management capability, and other information securing the bank’s position.
• Identify potential problem accounts and work with the Asset Recovery Group to improve the bank’s position.
• Establish and maintain direct client relationships; attend management presentations, bank meetings, and plant/site visits as appropriate.
• Contribute to or prepare white papers on assigned industry segments when requested.
• Provide guidance and feedback to analysts and associates.
• Gather and prepare data in response to ad‑hoc requests.
• Perform other duties as assigned; responsibilities may change over time.
• Comply with Key Bank policies and procedures, acting professionally, ethically, and in the best interests of clients.

• Bachelor’s Degree or equivalent experience in finance, accounting, economics, or business (preferred).
• Master’s Degree or MBA (preferred).

• 5+ years of commercial underwriting, credit, banking, or financial services experience (required).

• Expert understanding of foundational accounting principles and ability to analyze financial statements.
• Expert ability to evaluate emerging and existing considerations and make informed decisions.
• Expert communication skills, persuading clients and partners and summarizing complex information.
• Experienced ability to shepherd a transaction…