Location:

127 Public Square, Cleveland Ohio

About the Job

Perform financial analysis and prepare underwriting documents to support complex multimillion-dollar credit requests for Utility, Power and Renewable clients. Familiarity with project finance lending experience is preferred.

The Portfolio Manager provides leadership for the deal team in analysis, approval, execution as well as documentation. She/he leads discussions and builds strong relationships with clients. The Portfolio Manager acts as a credit execution product specialist and recommends approval for credit proposals for Utility, Power and Renewable transactions. In addition, she/he is responsible for matters relating to financing and/or financial modeling.

The ideal Portfolio Manager will conduct business within the moderate risk profile of the bank and, at the same time, possess a propensity to close deals. This will be accomplished through leadership – taking ownership of deals, leading through example, working hard, developing creative solutions and treating others professionally and respectfully. This person will build a strong reputation with others for honesty, critical thinking and diligence. The role requires a professional with an entrepreneurial spirit, open to new transactions and initiatives.

Essential Job Functions

Serves as the point person when underwriting credit transactions for the assigned portfolio and new clients. Recommends capital structure and accumulates all data necessary to perform focused analysis. Also, manages approvals for amendments and waivers to credit facilities, as well as monitors the financial performance of portfolio companies.
Reviews financial statements, projection models, project cash flow models and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision.
Prepares thorough credit underwriting identifying industry concerns, market share trends, financial trends and other pertinent underwriting issues to present to the approving Credit Officer.
Ensures underwriting and structuring decisions reflect commitment to strong asset quality.
Oversees annual and periodic review processes conducted by outside consultants for portfolio companies.
Recommends prudent use of capital and maintains profitability hurdles for portfolio keeping the risk/return balance in mind.
Stays on top of trends affecting assigned industry vertical.
Obtains and negotiates all necessary documentation including, all credit agreements, notes, pledges and collateral and assures that the documentation correctly reflects rates, terms and special conditions.
Actively participates in client calling initiatives with Relationship Managers and Product Partners as well as conducts periodic independent site visits to assess management, business conditions and build rapport with accounts.
Acts as a value-added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects.
Supports business development activities for cross-sell opportunities with the Relationship Management Team.
Mentors junior professionals
Proactively assists Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs.
Identifies potential problem accounts and works to improve the bank's position in undesirable situations.

Required Qualifications

An undergraduate degree in business, finance/accounting or suitable discipline and/or a proven track record of 5-10 years of large corporate, commercial or project finance loan structuring or an MBA, plus 4-6 years of relevant experience.
Competence in financial modeling.
Strong accounting knowledge.
Analysis in support of due diligence - Strong data gathering skills demonstrated through research, leveraging prior deal knowledge, challenging assertions and digging deeper into the meaning of the data gathered
Solid understanding of basic financial metrics including key industry-specific ratios
Appreciation of investment banking and a knowledge of capital markets products
Ability to learn internal data systems and technology including Credit Writeup Approval (CWA) System, Return on Equity (ROE) Model
Strong writing and presentation skills with a convincing presence in order to develop rapport and credibility with senior level clients and senior management of the Bank.
Strong work ethic
Proficiency in Excel, PowerPoint and MSWord is preferred.

Core Competencies

All KeyBank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies.

Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Travel

Occasional travel to include overnight stay.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $94,000.00 - $175,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

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

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 03/31/2026

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

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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