Vice President, Portfolio Management – State and Local Governments, Education Team

KeyBank

Vice President, Portfolio Management responsible for financial analysis and underwriting support for SLED portfolio. Ensure credit quality and compliance while managing borrower relationships.

Posted 6/12/2026full-timeCleveland • Colorado, New York, Ohio • 🇺🇸 United StatesLead💰 $96,000 - $181,000 per yearWebsite

About the role

Key responsibilities & impact

Perform financial analysis and prepare underwriting documentation to support multimillion-dollar credit requests within the State & Local Governments and Education (SLED) portfolio.
Evaluate borrower performance, ensuring covenant compliance, reviewing legal documentation, and supporting the identification of opportunities to expand client relationships.
Demonstrate leadership within credit underwriting and portfolio management, working both independently and in partnership with other Portfolio Managers and deal team members.
Manage ongoing credit monitoring and risk rating for a portfolio of SLED clients.
Analyze borrower financial statements, budgets, and operating data to assess creditworthiness, repayment capacity, and risk ratings.
Participate in the approval process for lending commitments, amendments, waivers, and consents, including addressing feedback from Credit partners.
Ensure compliance with all applicable policies and regulatory requirements, including Know Your Customer (KYC).

Requirements

What you’ll need

Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business (required)
Minimum 5 years of commercial underwriting, credit, banking and/or financial services experience (required)
Municipal, public sector, or not-for-profit underwriting strongly preferred.
Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications (required)
Demonstrated competence in financial analysis and modeling (required)
Well established ability to gather relevant research, analyze data, and concisely synthesize large amounts of information in order to accurately assess creditworthiness and create a detailed and thorough underwriting package (required)
Experience structuring meaningful and appropriate financial covenants for municipal and not-for-profit credit facilities (required)
Ability to lead discussions with clients during negotiations and act as primary lending representative on deal execution, leveraging senior leaders as appropriate (required)
Knowledge of business and legal elements of credit agreements, and the ability to work with counsel and collaborate through document negotiations (required)
Strong understanding of banking products, credit structures, and loan documentation.

Benefits

Comp & perks

Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives
Flexible options in circumstances where roles can be performed effectively in a mobile environment

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

financial analysisunderwriting documentationcredit analysisfinancial modelingcredit monitoringrisk ratingfinancial covenantscredit agreementsbanking productsloan documentation

Soft Skills

leadershipclient relationship managementnegotiationdata analysissynthesis of informationcommunicationcollaborationindependent workteamworkproblem-solving