Associate, Portfolio Management (Agribusiness)

Location:

1301 5th Avenue, Seattle Washington

JOB BRIEF (PURPOSE)

The Portfolio Management Associate Agribusiness will be responsible for performing financial analysis and preparing underwriting documents to support complex, multimillion-dollar corporate credit requests including acquisition financings, working capital facilities, and other pro rata debt transactions. Such requests include obtaining initial approval for new credit exposure (i.e., revolving credit facilities, term loans, leases, foreign exchange products, derivatives products, and other ancillary products) and amendments to existing exposure.  Additionally, the Portfolio Management Associate will take ownership of ongoing credit monitoring for a portfolio of corporate clients, reviewing legal documentation, and assisting product partners in cross-selling additional bank products. The Portfolio Management Associate will primarily work on syndicated loan transactions for large corporate and upper middle market clients, supporting the Diversified Industries and other industry coverage verticals within KeyBanc Capital Markets, as well as the Middle Market line of business.

ESSENTIAL JOB FUNCTIONS

• Take a leadership role in driving the diligence process for new debt transactions.

• Gather and analyze all relevant financial data for a client or prospect, including spreading financial statements, analyzing historical performance, accurately calculating credit metrics, identifying risks and mitigants, assessing creditworthiness, etc.

• Model future financial performance of clients and prospects, including downside scenarios.

• Prepare a thorough credit underwriting document identifying credit risks and mitigants, industry concerns, market share trends, financial trends, and other pertinent credit issues.

• Perform enhanced Leveraged Cash Flow due diligence, when appropriate

• Assist Syndications/Relationship Managers in structuring transactions, as applicable.

• Work closely with assigned Acuity analyst, who provides outsourced analytical support.

• Lead internal credit discussions and answer questions from Credit Executives when appropriate.

• Manage the approval process for lending commitments, amendments, waivers, and consents, including making recommendations to Credit Executives

• Ensure compliance with all Know Your Customer (“KYC”) regulations.

• Review all necessary legal documentation including credit agreements, guarantees, security pledges, and collateral documentation in order to ensure that the documentation correctly reflects approval. Work closely with outside counsel, as applicable

• Properly maintain documentation and necessary business records

• Monitor the ongoing financial performance of portfolio companies and track covenant compliance.

• Conduct periodic plant or site visits to monitor business conditions and attend client/bank meetings when appropriate; establish rapport and direct interaction with clients’ C-suite.

• Proactively identify potential problem credits and work to improve the Bank's position in undesirable situations.

• Prepare white papers on assigned industry segments, as requested.

• Assist product partners in cross selling additional bank products.

REQUIRED COMPETENCIES/SKILLS

• Experience with / knowledge of secured and unsecured corporate cash flow lending

• Demonstrated ability to accurately assess corporate creditworthiness and independently create a detailed and thorough underwriting package.

• Demonstrated competence in financial analysis and financial modeling, with formal training in financial accounting.

• Familiarity with corporate banking products such as Enterprise Commercial Payments (“ECP”), Foreign Exchange (“FX”), Derivatives, etc.

• Solid understanding of fundamental Investment Banking and Corporate Finance concepts

• Ability to plan, multi-task, manage time effectively, and work independently with limited direction.

• Comfort working in a capital markets environment with short turnaround times.

• Comfort with ambiguity and an ability to solve problems where no clear solution is obvious.

• Ability to communicate professionally, competently, and persuasively in verbal and written formats.

REQUIRED QUALIFICATIONS

• Minimum of three (3) years of experience in corporate credit Portfolio Management/Credit Risk/Relationship Management in Agribusiness.

• Undergraduate degree in Finance, Accounting, Economics, Business, or equivalent work experience

Skills

• Demonstrates an und