Asset Based Lending Portfolio Manager II, Seattle, WA
Location: Seattle, Washington
Description: KeyBank is currently interviewing Asset Based Lending Portfolio Manager II, Seattle, WA right now, this career will be assigned in Washington. For complete informations about this career opportunity please give attention to these descriptions. About Key
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with a! ssets of approximately $87 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices; a network of 1,576 ATMs; telephone banking centers 800-KEY2YOU® (800-539-2968); and a website, Key.com®, that provides account access and financial products 24 hours a day.
About the Business
¿ 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 8-12 asset based lending clients, including underwriting credit facilities, loan documentation, ongoing credit analysis and collateral management. It is expected that the portfolio manag! er understand all aspects of each client¿s business and be pr! oactive in identifying and resolving potential issues. An active calling effort is expected and some cross-selling of bank products is expected.
About the Job
Manages 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 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.
Identifies opportunities to deepen client relationships and maximize client profitability to Key.
Manages account related relationships with non-KeyBank lenders, consultants, apprai! sers and lawyers, among others.
Prepares scheduled asset quality reports for review by internal and external examiners.
Attends industry sponsored networking events.
Essential Job Functions
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.).
Required Qualifications
College degree in Business/Accounting/Finance.
At least 3 years of commercial lending and portfolio management e! xperience;
Careers at Key
KeyCorp is an Equal Opportunity Employer M/F/D/V
- .
If you were eligible to this career, please give us your resume, with salary requirements and a resume to KeyBank.
Interested on this career, just click on the Apply button, you will be redirected to the official website
This career will be opened on: Sat, 15 Jun 2013 00:04:47 GMT
Apply Asset Based Lending Portfolio Manager II, Seattle, WA Here