VP, Portfolio Management; Utilities, Power and Renewables

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.

127 Public Square, Cleveland Ohio

• Serve as the point person when underwriting credit transactions for the assigned portfolio and new clients. Recommend capital structure and gather all data necessary to perform focused analysis.
• Review 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.
• Prepare thorough credit underwriting identifying industry concerns, market share trends, financial trends and other pertinent underwriting issues for the approving Credit Officer.
• Ensure underwriting and structuring decisions reflect commitment to strong asset quality.
• Oversee annual and periodic review processes conducted by outside consultants for portfolio companies.
• Recommend prudent use of capital and maintain profitability hurdles for portfolio keeping the risk/return balance in mind.
• Stay on top of trends affecting assigned industry vertical.
• Obtain and negotiate all necessary documentation including credit agreements, notes, pledges and collateral and assure that the documentation correctly reflects rates, terms and special conditions.
• Actively participate in client calling initiatives with Relationship Managers and Product Partners, and conduct periodic independent site visits to assess management, business conditions and build rapport with accounts.
• Act as a value‑added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects.
• Support business development activities for cross‑sell opportunities with the Relationship Management Team.
• Mentor junior professionals.
• Proactively assist Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs.
• Identify potential problem accounts and work to improve the bank's position in undesirable situations.

• 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 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.

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

• 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.

• Occasional travel to include overnight stay.

This position is eligible to earn a base salary in the range of $94,000.00 to $ annually. Placement within the pay range may differ based on skills, experience and geographic location. Compensation also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

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

Key Corp 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