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SVP, Portfolio Management (Utilities, Power and Renewable Energy)
SVP, Portfolio Management (Utilities, Power and Renewable Energy)-April 2024
Cleveland
Apr 4, 2025
About SVP, Portfolio Management (Utilities, Power and Renewable Energy)

  Location:127 Public Square - Cleveland, Ohio 44114About the JobPerform financial analysis and prepare underwriting documents to support complex multimillion-dollar credit requests for Utilities, Power and Renewable Energy clients. Familiarity with the US electric and power segment and/or project finance lending experience is preferred.The Portfolio Manager provides leadership for the deal team in analysis, approval, execution as well as documentation. She/he leads discussions with clients. The Portfolio Manager acts as a credit execution product specialist and recommends approval for credit proposals for Utilities, Power and Renewable Energy transactions. In addition she/he is responsible for matters relating to financing and/or financial modeling.The ideal Portfolio Manager will conduct business within the moderate risk profile of the bank and, at the same time, possess a propensity to close deals. This will be accomplished through leadership - taking ownership of deals, leading through example, working hard, developing creative solutions and treating others professionally and respectfully. This person will build a strong reputation with others for honesty, critical thinking and diligence. The role requires a professional with an entrepreneurial spirit, open to new transactions and initiatives.Essential Job FunctionsServes as the point person when underwriting credit transactions for the assigned portfolio and new clients. Recommends capital structure and accumulates all data necessary to perform focused analysis. Also, manages approvals for amendments and waivers to credit facilities, as well as monitors the financial performance of portfolio companies.Reviews financial statements, projection models, project cash flow models and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision.Prepares thorough credit underwriting identifying industry concerns, market share trends, financial trends and other pertinent underwriting issues to present to the approving Credit Officer.Ensures underwriting and structuring decisions reflect commitment to strong asset quality.Oversees annual and periodic review processes conducted by outside consultants for portfolio companies.Recommends prudent use of capital and maintains profitability hurdles for portfolio keeping the risk/return balance in mind.Stays on top of trends affecting assigned industry vertical.Obtains and negotiates all necessary documentation including, all credit agreements, notes, pledges and collateral and assures that the documentation correctly reflects rates, terms and special conditions.Actively participates in client calling initiatives with Relationship Managers and Product Partners as well as conducts periodic independent site visits to assess management, business conditions and build rapport with accounts.Acts as a value added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects.Supports business development activities for cross-sell opportunities with the Relationship Management Team.Mentors junior professionalsProactively assists Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs.Identifies potential problem accounts and works to improve the bank's position in undesirable situations..Required QualificationsThe successful candidate will have a minimum of 8 - 10 years of large corporate commercial banking experience in in a lending and/or relationship management and credit team environment. Experience in the Utility/Power/Renewable Energy/Project Finance transactions is highly desirable. She/he will have a proven track record of efficiently and effectively identifying, executing and coordinating the delivery of co

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