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Job Details

Key Bank

Dealer Finance Commercial Services Portfolio Manager




Various, Ohio, United States

Location: For Those Who Work At Home - Various, Ohio 44145 "• Interpret cash flow, balance sheet, income statements, and tax returns (both personal and business) to determine credit worthiness. • Use credit data and financial statements to determine the degree of risk involved in extending credit or lending money. • Review financial statements and all other relevant financial analysis as well as non-financial data to develop a concise focused analytical foundation for a credit decision. • Deep understanding of risk rating models and tolerances . • Develop the credit write-up to determine loan structuring opportunities to present to Credit Officers. • Make accurate recomendations in granting loan requests using understanding of credit and risk management concepts. • Approve loan transactions within applicable lending authority. • Provide value-added feedback to the approving Credit Officer through the use of risk/mitigant analysis. • Projects client’s/prospect’s profitability through detailed financial projections incorporating financial and non-financial issues. • Assists Relationship Manager with AQR preparation; client follow-up for covenant violations; financial statement submission; maturity date renewals; past due reporting, etc.. • Advise and recommend alternative means of financing when it is determined existing loan structure is not in the best interest of the bank or the client. • Project and translate risk factors into actionable steps to control portfolio asset quality. • Assess liquidity, quality of management, market position, and overall business climate to estimate future profitability of business. • Evaluate applicant’s credit needs, financial strength and other background information to determine if request for credit is an acceptable risk. • Ability to interpret external market data and client trends and uses knowledge to make informed credit decisions. • Coordinates requests for additional information through relationship managers or KeyCenter associates. • Advocate risk culture with peers and partners. • Periodic assignments related to the constantly changing risk management environments. • When necessary, communicate with the client/prospect to gather data to clarify complex information. • Based upon the financial analysis, assess the primary elements of risk and the proposed mitigants. • Perform pro forma modeling to assess the future performance of the client/prospect. • Utilizing the standard software application, prepare all spreadsheets and credit presentations. • Attend meetings and participate in joint calls with the relationship managers and their respective Bank clients when necessary. • Monitor assigned portfolio of existing clients for deterioration and document findings on a quarterly basis. • Validate all risk ratings within assigned portfolio on a quarterly basis and ensure that they are correct on the various loan accounting systems within the Bank. • Complete all covenant testing of assigned portfolio on a quarterly basis or as designated. • Serve as a training resource or knowledge source for lower level underwriting staff as requested. • Adhere to department and corporate guidelines, policies and compliance procedures. • Maintain constructive and professional interaction with regulators, consultants and other internal and external business partners. • Periodically travel to meet with clients or assess financial viability of lending requests. • Communicate directly with participant lenders as required. • Monitor client’s inventory/financing needs to ensure adequacy of approved financing commitments. • Monitor age and mix of financed inventory. • Recommend modifications to financing commitments as appropriate and approve within limits of authority. • Recommend other action as appropriate. • Adhere to KeyBank and KeyBank Dealer Services guidelines, credit policies and compliance procedures. • Serve as training resource or mentor to junior level staff. • Support departmental continuous improvement efforts and special projects as assigned. • Participate in community service activities. REQUIRED QUALIFICATIONS • Bachelor’s Degree with a preferred focus on Business course work, or equivalent work experience • 5 years prior experience in commercial finance or related field • Demonstrated knowledge of automotive industry • Demonstrate excellent written, verbal communications, listening and interpersonal skills • Strong organizational skills and the ability to set priorities in a multitask environment • Fully proficient in Key’s various loan systems • Research and resolve issues and communicates professionally • Familiarity with, and understanding of, traditional and automated commercial credit underwriting/approval methodologies and their use • Satisfactory understanding and knowledge of commercial credit policies, procedures, and loan systems • Commitment to core values; Teamwork, Respect, Accountability, Integrity, Leadership • Ability to work well individually as well as part of a team • Superior business writing, verbal and written communications/presentation skills • Satisfactory knowledge and proficiency in working with personal computers and business software (e.g. Microsoft Office - Word, Excel, Access and PowerPoint) • Willing to consider relocation across Key’s footprint " COMPENSATION AND BENEFITS This position is eligible to earn a base salary in the range of $90,000 to $120,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance Please click here for a list of benefits for which this position is eligible. Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties. Job Posting Expiration Date: 06/28/2024 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 #LI-Remote