Analyst, Portfolio Management (State and Local Governments and Education)

Location:
4910 Tiedeman Road, Brooklyn Ohio
Job Summary
The Analyst, Portfolio Management is an individual contributor responsible for supporting the Portfolio Management team in their financial analysis and preparation of underwriting documents to support multimillion-dollar corporate credit requests that grow funded assets and Key's client base, while maintaining asset quality within a moderate risk profile. These requests include obtaining initial approval for new credit exposure (e.g., revolving credit facilities, term loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure. As part of the first line of defense, the Analyst also assists the team with ongoing credit monitoring and risk rating of corporate clients and gathering and supporting the review of legal documentation.
Essential Functions

Analyzing and researching municipal issuers and borrowers in a wide range of sectors (general governmental, K-12, pension, economic development, higher education, etc.)
Assist in gathering and analyzing all relevant financial data for a client or prospect, including analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, etc.
Assist in modeling future financial performance of clients and prospects, including downside and breakeven scenarios.
Assist in preparing a thorough credit underwriting document identifying credit risks and mitigants, demographic concerns, financial trends, and other pertinent credit issues
Engaging in comprehensive client and credit research
Take part in the approval process for lending commitments, amendments, waivers, and consents, including answering questions from Credit Executives
Assist in compliance with all Know Your Customer (“KYC”) regulations
Properly maintain documentation and necessary business records
Assist senior staff in monitoring the ongoing financial performance of municipalities in the portfolio and tracking covenant compliance
Conduct in-depth analysis and research on issuers and borrowers across various sectors through close, in-office collaboration with team members and access to on-site resources.
Gather and analyze relevant financial data for clients or prospects, including spreading financial statements and/or collaborating with third party vendor to ensure accuracy of financial spreads statements, analyzing historical performance, accurately calculating credit metrics, and supporting the identification of risks, mitigants and determination of creditworthiness.
Model future financial performance of clients and prospects, including downside scenarios.
Prepare credit underwriting documents identifying credit risks and mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues.
Ensure compliance with all regulations.
Participate in the approval process for lending commitments, amendments, waivers, and consents, including providing monitoring and reporting.
Support PM teammates as needed with the review and maintenance of necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation to ensure that the documentation correctly reflects approval from credit.
Perform ongoing monitoring of financial performance and covenant compliance, supporting the accuracy and timeliness of risk rating changes. Ensure data integrity in Key's systems and reporting.
Identify potential credit concerns and escalate to PM deal team as appropriate to support and/or improve the bank's credit position.
Participate and attend management presentations, bank meeting and site visits as appropriate to support the monitoring of business conditions and creditworthiness.
Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Education

Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business (required)

Work Experience

Experience in financial analysis, borrower analysis, and preparation of credit write-ups (required)
Experience in capital markets analysis (required)

Skills

Proficiency in modeling financial performance and conducting financial and/or borrower analysis.
Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications. Significant experience with Excel.
Ability to gather relevant research, analyze data, and synthesize information to draw conclusions and produce insights.
Foundational understanding of banking and investment banking products and services.
Effective presentation and communication skills, with the ability to collaboratively make an impact.
Ability to plan, multi-task, manage time effectively, and lead work independently at times, with supervision of senior team members.
Experience preparing credit write-ups, underwriting documents, and/or capital markets analysis.
Knowledge of credit metrics, risks, and mitigants.
Excellent documentation and record-keeping skills.
Familiarity with relevant regulations.
Effectively working with others to reach a shared goal. Consistently displaying a willingness to shoulder a fair share of the workload in addition to helping others meet their objectives.
Consistently taking ownership of one's actions, decisions, and performance, and being responsible for achieving the agreed-upon outcomes.
Demonstrated strong written communication skills.
Demonstrated competence in financial analysis and financial modeling.
Understanding of fundamental financial concepts.
Ability to plan, multi-task, manage time effectively, and work independently with limited direction.
Ability to communicate professionally, competently, and persuasively in verbal and written formats.

Core Competencies

All KeyBank employees are expected to demonstrate Key’s Values and abide by Key’s Code of Conduct.

Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Travel

Occasional travel to include overnight stay.

Compensation And Benefits
This position is eligible to earn a base salary in the range of $63,000.00 - $96,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 04/02/2026 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, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
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 HR_Compliance@keybank.com.