VP, Portfolio Management (Asset Based Lending)

Location:127 Public Square - Cleveland, Ohio 44114JOB BRIEF (PURPOSE)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, generally in the range of 12- 17 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 resolvingpotential issues. An active calling effort and identification and team approach to cross-selling of bank products is expected.ESSENTIAL JOB FUNCTIONSManages a portfolio of existing Asset Based Lending (ABL) accounts, 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 municates with other lenders in the syndicate as necessary.Reviews third party legal documentation.Oversees operational aspects with the assistance of loan services team membersCloses new business opportunities and underwrites future activity of the relationship. 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. Attends industry sponsored networking events when appropriate.REQUIRED QUALIFICATIONSBachelors degree in Business/Accounting/Finance or equivalent experience requiredA minimum of 3 years of commercial lending and portfolio management experience.PREFERRED QUALIFICATIONSPrior asset-based lending portfolio experienceCredit 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/SKILLSOrganizational Savvy.Strong Business Acumen.Team Player.Strong Negotiating Skills.Customer FocusEQUIPMENT USED/PHYSICAL REQUIREMENTSComputer, calculator, software models for risk rating and ROE calculations, Stuckey Loan System, Desktop, CWA and PENSATION AND BENEFITSThis position is eligible to earn a base salary in the range of $130,000 to $150,000 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.Job Posting Expiration Date: 09/30/2025 KeyCorp is an Equal Opportunity Employer committed to 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.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 . #J-18808-Ljbffr

Created: 2025-09-17