Job Information
KeyBank NA VP, Portfolio Management (Specialty Finance Lending) in Cleveland, Ohio
Location: 127 Public Square - Cleveland, Ohio 44114 ABOUT THE JOB (JOB BRIEF) The Key Corporate Bank Specialty Finance Lending (KCBSFL) Vice President is responsible for underwriting, performing due diligence, and maintaining portfolio management activities for securitization-like debt facilities to finance companies (equipment finance and leasing companies, middle market, growth capital, and ABL lenders, etc.) and asset managers (transportation equipment lessors of rail cars, marine containers, and aircraft equipment). 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. ESSENTIAL JOB FUNCTIONS Work directly with the client and senior transactor to structure and underwrite new deals Prepare and participate in due diligence of clients and periodic/ongoing exams of clients and underlying collateral KCBSFL and service providers. Review loan documentation to evaluate deal structure and ensure covenant compliance. Analyze and assess customer and transaction exposures and concentrations within the KCBSFL portfolio. Perform periodic reviews of existing portfolio deals, encompassing an assessment of equipment/collateral and an evaluation of transactional, operational and credit risk. Recommend credit strategies to mitigate portfolio risks. Recommend appropriate risk ratings for transactions. Prepare general economic and specific industry analysis and recommend risk mitigation strategies based on portfolio concentrations. Train Underwriting/Portfolio Management associates on structured products. Compile information as requested for internal and external examinations, reviews and audits. Maintain strong asset quality within the KCBSFL portfolio Ensure compliance with KeyCorp and KCBSFL policies and procedures Participate in special projects, as necessary Ensure the proper utilization of credit systems and technology. Travel, as required for due diligence, client meetings, industry conferences, etc. REQUIRED QUALIFICATIONS An undergraduate degree in accounting, finance, economics or related field 7+ years' of commercial leasing or credit analysis experience combined with finance and accounting experience 3+ years' experience working with structured finance products Strong knowledge of financial analysis applications (e.g., Moody's Credit Lens) Strong knowledge of loan and lease documentation Strong knowledge of and ability to apply financial analysis and accounting concepts Strong organizational skills Ability to analyze a wide variety of lessee and industry information Ability to work independently Ability to make and support recommendations Ability to meet multiple deadlines Strong written communication skills Detail oriented and Self-motivated PREFERRED QUALIFICATIONS Experience with a variety of collateral types including middle market loans, growth capital loans, transportation assets (aviation, rail, marine container), other esoteric assets Regulatory experience Loan review or audit experience MBA, CFA designation or other advanced training relevant to position This position is not eligible for employment visa (e.g., H-1B) sponsorship. Applicants must be authorized to work in the United States on a full-time basis. COMPENSATION AND BENEFITS This position is eligible to earn a base salary in the range of $100,000 to $135,000 annually depending on location and job-related factors such as le