Location:
127 Public Square - Cleveland, Ohio 44114
Job Summary
The Senior Vice President, Portfolio Management Manager (SVP, PM Manager) is responsible for managing and developing an assigned team of Portfolio Managers within the Banking Group Portfolio Management (BGPM) team, and, on some specialty teams, may also have direct management of a small assigned portfolio of clients. The SVP, PM Manager will partner with sales leaders and business partners to deliver Key's balance sheet to clients, while assisting in relationship building and cross selling additional bank products utilizing a deep understanding of Key's risk culture and effectively managing risk/reward tradeoffs. The SVP, PM Manager should demonstrate leadership by example, promoting independence, growth, and autonomy for team members to develop their careers while bringing their authentic, best selves to work every day. The SVP, PM Manager must be able to carry themselves well in a variety of situations, managing vertically and horizontally, promoting change agility, best practice sharing, process improvement and positively influencing the direction of the entire deal team while building strong internal and external partnerships.
Responsibilities
Work with PM Leadership and other SVP PM Managers to manage the group’s workflow, leveraging resources appropriately and assigning new opportunities with consideration for experience level, development, industry knowledge and geographic location.Oversee the deal lifecycle for new opportunities; this may include pre-screening, guiding PMs and business partners to ensure proper and effective risk management and deal execution while balancing the needs of Key’s balance sheet vis a vis market-clearing structure.Evaluate complex transactions and recommend deals and structures to deal team members and Credit Risk Management that will accommodate the client and Key keeping risk/return in mind.Ensure the quality of work submitted by PMs to credit partners is accurate and thorough, reviewing work and coaching PMs as necessary.Ensure underwriting best practices, leveraged cash flow (LCF) determination and Credit Policy are upheld. Consult and review with team members to ensure that all assets are appropriately risk rated at all times, with timely changes.Guide and support PM team members to work closely with their deal team and outside counsel to ensure effective legal documentation.Oversee the quarterly and annual review workflow and ensure that PM’s are effectively utilizing, and providing feedback to, third party resources.Demonstrate an enterprise mindset by partnering with sales leaders and business partners to support the bank's relationship model while adhering to Key’s risk culture practices, effectively managing risk/reward tradeoffs.Manage employee performance and development: complete manager evaluations, provide coaching and career development recommendations, participate in talent and performance calibrations and assess the "what" and "how" factors of performance.Ensure that employee training and compliance is completed in a timely manner.Take a lead role in developing the bench for new PM talent, including support for, and active participation in, talent acquisition/recruiting efforts.Coordinate and/or assist in gathering ad hoc data as periodically required by senior management or risk partners.In some cases, directly manage a small portfolio of corporate credit client relationships; monitoring business conditions and/or identifying new underwriting, and/or additional bank product opportunities, while securing the bank's position to minimize potential losses.Develop and maintain a network of contacts and resources throughout the bank in order to facilitate collaboration, appropriately escalate issues, quickly resolve problems, and enlist in-house experts to share knowledge with BGPM.Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without noticeComplies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.
Education Qualifications
Bachelor's Degree in finance, accounting, economics or business or equivalent work experience (required)Master's Degree (preferred)
Experience Qualifications
10+ years commercial underwriting/credit banking/financial services experience with specific industry expertise as required by specialty. (required)
Tactical Skills
Competency with Microsoft Office and ability to learn and effectively utilize other technology applicationsBroad experience with a variety of financial analysis/modeling scenarios including knowledge of secured and unsecured corporate cash flow lendingExperience leveraging research, due diligence and prior deal knowledge to challenge assertions, assess corporate creditworthiness and provide recommendations for structuring and developing an underwriting packageProven track record of efficiently and effectively identifying, executing and coordinating the delivery of comprehensive solutions for the lending product and advising others regarding underwriting process and best practicesProven record of success managing a diverse portfolio, including left lead/administrative agent, and complex syndicated deals where strong relationships with credit and business partners and significant legal documentation experience were requiredProven success building client relationships, managing conflict resolution, and influencing to drive for effective business resultsExtensive experience leading counsel and deal teams through credit agreement negotiation and documentationDemonstrated enterprise mindset; solid understanding of banking and investment banking products and services with a track record of delivering Key's relationship banking model to clients.Excellent presentation and communication skills, with the ability to collaboratively influence and challengeAbility to lead others, plan, multi-task, manage time effectively, and work independently with limited direction
Personal Skills
CollaborationInfluence
Core Competencies
All KeyBank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies.
Travel
Occasional travel to include overnight stay.
Driving Requirements
Ability to occasionally operate a motor vehicle with a valid driver's license.
Job Posting Expiration Date: 03/31/2025
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.