VP, Portfolio Management- Public Sector

Location:

Location: Open to mobile or remote. Will require 1-2 trips to Cleveland or Colorado (Denver/Superior) office for team meetings.

The Public Sector Portfolio Management Group within KeyBank provides capital and traditional banking products and services in the form of loans, leases, letters of credit, and other products to state and local municipalities, as well as to public and private not-for-profit higher education institutions. This role is an appealing opportunity for an experienced banker to expand their career within public sector finance. Previous experience in lending to municipalities is mandatory. A Vice President Portfolio Manager will perform financial analysis, underwriting, ongoing credit analysis and covenant management on a wide variety of municipal clients. A VP will review loan documentation, make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with bank policies & procedures. Additionally, the VP will be responsible for ongoing credit monitoring for a portfolio of clients and assist product partners in cross-selling additional bank products.

ESSENTIAL JOB FUNCTIONS

• Analyzing and researching municipal issuers and borrowers in a wide range of sectors (general governmental, K-12, pension, economic development, higher education, etc.)
• Gather and analyze all relevant financial data for a client or prospect, including analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, etc.
• Prepare thorough credit underwriting documents identifying credit risks and mitigants, demographic concerns, financial trends, and other pertinent credit issues.
• Participating in the underwriting of various credit structures
• Engaging in comprehensive client and credit research
• Prepare detailed underwriting reports and recommendations for approval by credit officers.
• Work on various one-time projects
• Interaction with deal team members and clients
• Take part in the approval process for lending commitments, amendments, waivers, and consents, including answering questions from Credit Executives
• Ensure compliance with all Know Your Customer (“KYC”) regulations.
• Properly maintain documentation and necessary business records
• Monitor ongoing financial performance of municipalities in the portfolio and tracking covenant compliance.

REQUIRED COMPETENCIES/SKILLS

• Detail-oriented with strong analytical and problem-solving skills
• Ability to prioritize tasks with a high sense of urgency to meet the demands of a deadline-driven environment.
• Disciplined work ethic
• Superior attention to detail
• Excellent verbal and written communication skills
• Ability to effectively manage multiple simultaneous project deadlines.
• Proficient with Microsoft Office (Excel, Word, and PowerPoint)
• Strong knowledge of and ability to apply financial analysis and accounting concepts.
• Strong knowledge of loan and lease documentation
• Ability to analyze a wide variety of lessee and industry information.
• Ability to make and support recommendations.
• Work effectively as an individual and as part of a team
• Initiative-taking and energetic
• Demonstrate a strong interest in finance and the public sector.

REQUIRED QUALIFICATIONS

• Undergraduate degree in Finance, Accounting, Economics, or related field
• 7+ years of experience within Portfolio Management, Credit Risk, or Relationship Management
• 3+ years of experience working within municipal finance.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment.  As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $120,000 to $135,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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