Analyst, Private Loan Management, Cleveland in Cleveland, OH at Key Bank- Corporate

Date Posted: 4/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Cleveland, OH
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    4/11/2018
  • Job ID:
    27462BR

Job Description

About the Job
In support of the primary Portfolio Managers in the Utility, Power and Renewable Energy team, analysts perform financial analysis and prepare underwriting documents to support complex multimillion-dollar credit requests. Primary responsibility will be to assist in managing the team’s $2.7 billion portfolio of power loans.

Essential Job Functions
Prepares analysis and write-ups for amendments, consents and waivers to existing credit documentation
Monitors accounts to determine liquidity, earnings and performance trends, management capability and other essential information to secure the bank's position to minimize potential losses.
Manages completion of quarterly risk reviews and annual reviews of loans
Maintains extensive database of project performance, statistics and general information
Creates Quarterly Power Portfolio review for distribution to credit organization
Reviews and processes monthly withdrawal certificates for project companies and interacts with internal clients to ensure smooth execution
Assists primary Portfolio Managers in analysis and preparation of new deals
Identifies potential problem accounts and works to improve the bank's position in undesirable situations
Supports in the due diligence, documentation and closing of credit facilities
Prepares white papers on new initiatives in industry
Conducts periodic site visits to assess management, business conditions and build rapport with accounts.
Attends bank meetings on a regular basis
Helps Investment Bankers/Relationship Managers in structuring transactions
Contributes to other tasks for the team as needed

Required Qualifications
BA in finance, business, economics or related field.
Competence in Financial Modeling, demonstrated by
a) Repetitive modeling
b) Good accounting knowledge
c) Unique analysis
d) View on optimal capital structure
e) Cash flow modeling
f) Analysis in support of due diligence
g) Knowledge of collateral valuation

The ideal candidate will be a team player, coachable, hard-working, solution-oriented, curious and client-focused. This person will build a strong reputation with others for honesty, critical thinking, diligence and openness to growth -- willing to be patient to learn from team members and personal experience to grow professionally.

Additional technical skills will be required including:
Financial Accounting Acumen
  • Analyzing financial statements
  • Recognizing trends and key metrics
Software and technical proficiency
  • Working in MS Office suite of products – Word, Excel, PowerPoint
  • Acquiring knowledge in bank systems such as CWA, MRA Risk Rating and ROE Models
Strong data gathering skills
  • Conducting Research -- How to use it, Where to find it and Leveraging prior deal knowledge
  • Digging deeper into the meaning of the data gathered
Solid Loan Product Knowledge
  • Developing covenants and collateral package
  • Appreciating commercial banking products -- cash management, FX, derivatives, etc.
  • Grasping Investment Banking activities
Professional and Competent Communication Skills
  • Presenting information verbally
  • Writing succinct, clear communications that use relevant data and facts to support idea
  • Organizing thoughts and ideas in easily digestible format
  • Utilizing proper grammar and spelling

PREFERRED QUALIFICATIONS
MBA
CFA


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ABOUT KEY:
KeyCorp’s roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and 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, disability, or veteran status.

JobID: 27462BR