Associate Portfolio Management; Specialty Finance Lending

Location:

1000 South McCaslin Boulevard, Superior Colorado

The Associate, 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 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 Associate, 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 participation in other bank's syndicated deals), reviewing legal documentation, and assisting product partners in cross‑selling additional bank products. This individual should demonstrate emerging leadership skills within credit underwriting and portfolio management; they may work somewhat independently, or in conjunction with/under the supervision of other Portfolio Managers (PMs) on a deal team, providing feedback and guidance to Analysts and third‑party staff as appropriate.

As part of the first line of defense, Associate 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.

The Associate identifies and evaluates risk for a portfolio of highly structured transactions. The position is responsible for reviewing loan and lease documentation to evaluate deal structure, performing facility monitoring to ensure covenant compliance, analyzing credit risk in individual deals and making risk rating recommendations, preparing monthly and quarterly portfolio reporting, performing annual reviews and AQRs on existing portfolio deals, compiling information for internal and external examinations, understanding credit and compliance policies and procedures, and additional duties or projects as assigned.

• Perform credit and risk monitoring of highly structured Specialty Finance transactions.
• Review loan and lease documentation to evaluate deal structure and ensure covenant compliance.
• Analyze and assess customer and transaction exposures and concentrations within the KBSFL portfolio and individual deals.
• Prepare minor amendments and waivers, as needed.
• Recommend credit strategies to mitigate portfolio risks.
• Perform periodic reviews of existing portfolio deals, encompassing an assessment of equipment/collateral and an evaluation of transactional, operational and credit risk.
• Recommend appropriate risk ratings for transactions.
• Identify problem loans and leases and support workout efforts as needed.
• Compile information as requested for internal and external examinations, reviews and audits.
• Ensure compliance with Key Corp and KBSFL policies and procedures; evaluate risks within those policies and procedures.
• Escalate issues as appropriate.
• Gather and analyze all relevant financial data for clients or prospects, including spreading financial statements and collaborating with third‑party vendors to ensure accuracy, 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.
• Assist Business Partners/Bankers/Relationship Managers in structuring transactions.
• Perform enhanced leveraged cash‑flow due diligence when appropriate (i.e., in specific Banking Group Portfolio Management, 'BGPM' specialty groups).
• 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…