Full-Time

VP – Portfolio Management

Asset Based Lending

Posted on 5/6/2025

KeyBank

KeyBank

1,001-5,000 employees

Offers banking, loans, and financial services

Compensation Overview

$120k - $150k/yr

+ Short-term Incentive Compensation + Deferred Incentive Compensation

Senior

Cleveland, OH, USA

Category
Asset Management
Finance & Banking
Required Skills
Financial analysis
Connection
Connection
Connection
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Requirements
  • Bachelor’s degree in accounting/finance or equivalent experience required
  • Minimum of 3 years of commercial lending and portfolio management experience.
Responsibilities
  • Manages a portfolio of existing Asset Based Lending (ABL) accounts, including reviewing financial and collateral information, maintaining an active dialogue with the borrower regarding financial condition, evaluating requests for waivers and amendments, reviewing collateral examination and third party appraisal reports, communicating with other lenders in the syndicate as necessary, reviewing third party legal documentation, and overseeing operational aspects with the assistance of loan services team members
  • Closes new business opportunities and underwrites future activity of the relationship.
  • Identifies opportunities to deepen client relationships and maximize client profitability to Key.
  • Manages account related relationships with non-KeyBank lenders, consultants, appraisers and lawyers, among others.
  • Prepares scheduled asset quality reports for review by internal and external examiners.
  • Attends industry sponsored networking events when appropriate.
Desired Qualifications
  • Prior asset-based lending portfolio experience
  • Credit skills to analyze collateral (inventory, accounts receivable and fixed assets).
  • Demonstrated ability to read and understand appraisals and financial information.
  • Demonstrated ability to structure and negotiate lending arrangements.
  • General understanding of fundamental loan documents.
  • Ability to coordinate closings of lending arrangements.
  • Excellent client contact and relationship skills.
  • Effective verbal and written communication skills involving other lenders, clients and prospects.
  • Knowledge of other bank products (cash management, derivatives, syndication, leasing, foreign exchange, etc.).

KeyBank provides a variety of financial services, including personal and business banking, credit cards, mortgages, and loans. The company caters to individual consumers, small businesses, and commercial clients throughout the United States. KeyBank's approach focuses on offering customized financial solutions to address the specific needs of its clients. It earns revenue primarily through interest from loans, fees for banking services, and commissions on financial products. Additionally, KeyBank prioritizes financial wellness by providing tools and resources that help clients manage their finances effectively. The goal of KeyBank is to support clients in reaching their financial objectives, whether that involves purchasing a home, consolidating debt, or planning for the future.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Massachusetts

Founded

1824

Simplify Jobs

Simplify's Take

What believers are saying

  • KeyBank's investment in AI-based software indicates a focus on digital transformation.
  • The strategic investment by Scotiabank strengthens KeyBank's international partnerships.
  • KeyBank's expansion of credit solutions supports growth and liquidity for corporate clients.

What critics are saying

  • Competition from fintech companies could erode KeyBank's market share.
  • Digital-only banks present a challenge to KeyBank's traditional banking model.
  • KeyBank's credit facility expansions increase exposure to credit risk in volatile conditions.

What makes KeyBank unique

  • KeyBank offers a comprehensive suite of financial services across the United States.
  • The company emphasizes financial wellness with tools to help clients manage finances effectively.
  • KeyBank's strategic partnerships enhance its global reach and financial stability.

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Benefits

Medical, dental, & vision

Wellness Programs

Fitness Reimbursement

Alternative Work Schedules

PTO

Parental Leave

401(k) Savings Plan

Discounted Stock Purchase Plan

Tuition Reimbursement

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