Asset Based Lending Portfolio Manager in Denver, CO at Key Bank- Corporate

Date Posted: 10/7/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Denver, CO
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/7/2018

Job Description

JOB BRIEF (PURPOSE)

This position can sit in either Seattle, WA or Denver, CO

The Asset Based Lending Group extends credit to corporations based in large part on the company’s accounts receivable and inventory collateral. This position is responsible for managing all aspects of a portfolio of asset based lending clients, including underwriting credit facilities, loan documentation, ongoing credit analysis and collateral management. It is expected that the Portfolio Manager understand all aspects of each client’s business and be proactive in identifying and resolving potential issues. An active calling effort is expected and some cross-selling of bank products is expected.

ESSENTIAL JOB FUNCTIONS

  • Manages a portfolio of existing Asset Based Lending (ABL) accounts with minimal managerial oversight, including:
    • Reviews financial and collateral information
    • Maintains an active dialogue with the borrower regarding financial condition
    • Evaluates requests for waivers and amendments
    • Reviews collateral examination and third party appraisal reports
    • Communicates with other lenders in the syndicate as necessary
    • Reviews third party legal documentation
    • Oversees operational aspects with the assistance of loan services team members
    • Underwrites new business opportunities of assigned portfolio
    • 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
    • Effectively communicates with Credit and Risk Management around credit profile, opportunities and Risk Ratings
    • Same MAP meeting comment
    • Attends industry sponsored networking events.

REQUIRED QUALIFICATIONS

  • College degree in Business/Accounting/Finance.
  • At least 7 years of commercial lending and portfolio management experience;

PREFERRED QUALIFICATIONS

  • 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.).

COMPETENCIES/SKILLS

  • Organizational Savvy.
  • Strong Business Acumen.
  • Team Player.
  • Strong Negotiating Skills.
  • Customer Focus

EQUIPMENT USED/PHYSICAL REQUIREMENTS

Computer, calculator, software models for risk rating and ROE calculations, Stuckey Loan System, Desktop, CWA and AQR.

TRAINING REQUIRED

On the job
Some through the Commercial Finance Association and certain classes through Key.


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 $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank 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. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.

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: 30873BR

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