Senior Portfolio Manager, Income Property Group
Location: Salt Lake City
Posted on: April 10, 2021
At Key, employee and candidate health is a top priority. Due to
the ongoing spread of COVID-19, most interviews are being conducted
virtually. Our talent acquisition team is diligently working to
provide you the support you need throughout our hiring process.
Learn more . Senior Portfolio Manager, Income Property Group in
Salt Lake City, UT at KeyBank Headquartered in Cleveland, Ohio,
KeyCorp (Key) is one of the nation's largest financial services
companies. Key provides investment management, retail and
commercial banking, consumer finance and investment banking
products to individuals and companies throughout the United States
and, for certain businesses, internationally.
Our goal is to be the best regional bank in the U.S. What that
means is we put our clients' needs first and take a customized
approach to meeting those needs. At Key we've made a promise to our
clients that they will always have a champion in us. To deliver on
that promise, we're committed to building a team of engaged
employees who do the right thing for our clients and help them
achieve their financial goals each and every day. Job
DescriptionAbout the Job
The Portfolio Manager provides relationship management support for
a portfolio of clients and prospects of the Income Property Group
(primarily professional commercial real estate owners, managers,
investors and developers). Portfolio Managers partner with
Relationship Managers and Senior Bankers to provide comprehensive
financial advice and solutions that enable the clients to meet
their financial objectives and utilize the full breadth of the
Bank's product platform. Portfolio Managers help drive the
financial performance of the team's revenue and risk management
goals through portfolio management activities including credit
facility underwriting and structuring, credit risk and exposure
monitoring, file maintenance, on-going covenant compliance
verification, business development and lending/sales support, and
Essential Job Functions
- Proactively manages the portfolio to both maximize
profitability and ensure strong asset quality through consistent
and timely identification and resolution of issues as well as
accurate assessment and assignment of loan risk ratings.
- Assists and supports in structuring and facilitating credit and
non-credit product delivery while demonstrating sound risk
management and maximizing risk adjusted returns on shareholder
capital (assess the materiality of risks and appropriately
mitigate/match with transaction return expectations).
- Actively supports Key's asset generation strategy which
balances risk and return. Supports the team's consultative process
to deepen existing relationships, on-board new relationships and
exit unprofitable relationships.
- Participates in client/prospect call preparation.
- Serves as a trusted advisor to the clients and prospects.
Establishes strong credibility with internal and external
stakeholders (clients, colleagues, credit, and servicing) based on
sound judgment and accurate and timely information sharing. Shares
constructive and regular feedback with teammates and
- Partners effectively with Credit, Product Partners, Closers,
Servicing, Technical Services, and other partners to identify
cross-sell opportunities and deepen client relationships as well as
solve internal obstacles and deliver a seamless execution.
- Provides in-depth concise analysis of business and personal
financial statements, and identification of transaction strengths
and weaknesses to inform the deal structures, pricing and
- Delivers timely and accurate completion of write-ups, loan
recommendations and structuring.
- Analyzes and underwrites construction and interim loans to the
requirements as set forth by KeyCorp credit policy and LOB
- Coordinates and completes annual reviews, loan renewals,
quarterly portfolio reviews, and asset quality reports on a timely
basis. Monitors assigned portfolio for adherence to approved loan
requirements and manage past dues, requirement ticklers, portfolio
follow-up, credit files, etc. Works with Client Servicing to
facilitate completion of annual reviews and property inspections,
monitoring of covenant compliance and other items to secure the
Banks position and avoid potential losses.
- Identifies opportunities to provide the client with knowledge
and access to the breadth of Key's product platform which includes:
interim and permanent credit facilities, cash management, interest
rate management, syndications, private equity, subordinated debt,
deposits, leasing, private banking, equipment finance, etc.
- Participates in community and professional organizations which
enhance our expertise and profile.Required Qualifications
- Bachelor's Degree in accounting, finance or related field, or
- At least 3-5 years of commercial real estate underwriting
and/or lending experience
- Strong proficiency in MS Office suite, spreadsheets, Internet
applications, and common business software
- Demonstrated ability to communicate effectively in both written
and verbal communications
Master of Business Administration
Broad knowledge of key product areas, such as interim and permanent
credit facilities, cash management, interest rate management,
syndications, private equity, subordinated debt, deposits, leasing,
private banking, equipment finance, etc.
Experience in credit and/or workout teams
This position is eligible to earn a base salary in the range of
$90,000.00 to $154,300.00 annually depending on job-related factors
such as level of experience. Compensation for this role also
includeseligibility forshort-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.
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.
46761BR Joining our Talent Network will enhance your job search and
application process. Whether you choose to apply or just leave your
information, we look forward to staying connected with you. At Key,
we're committed to diversity and inclusion in all we do. 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 email.
Keywords: KeyBank, Salt Lake City , Senior Portfolio Manager, Income Property Group, Accounting, Auditing , Salt Lake City, Utah
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