Associate Portfolio Loan Management, Energy
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POST DATE 9/8/2016
END DATE 12/21/2016
JOB DESCRIPTIONAssociate Portfolio Loan Management, Energy
Associate, Private Loan Management Utility and Power Group - Cleveland
About the Job In support of the primary Portfolio Managers in the Utility and Power 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 $1.6 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 project 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 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
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 -- hard-working, solution-oriented, curious and client-focused. He/she will anticipate the needs of others and seek out opportunities to create value. 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
About the Business
Key Corporate Bank is a full-service corporate and investment bank serving the needs of mid- to large- sized businesses and focusing principally on middle market clients in six industry sectors: consumer, energy, healthcare, industrial, public sector, and real estate.
Key traces its history back more than 160 years and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $95.1 billion. Key (NYSE: KEY) provides deposit, lending, cash management and investment services to individuals, small and medium-sized business under the name KeyBank National Association. 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
KeyCorp is an Equal Opportunity and Affirmative Action Employer Min/Fem/Vet/Disabled.
Additional BenefitsPaid Time Off
Employee Assistance Program
Short-term Medical Leave
Banking Products Discounts
Matching Gift Program
Education Assistance/Tuition reimbursement
Commuter Benefits Program