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