Covenant Compliance - Ops Analyst I jobs in United States
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KeyBank · 1 month ago

Covenant Compliance - Ops Analyst I

KeyBank is a national association looking for an Ops Analyst I to examine and monitor covenant requirements in loan documents. The role involves reviewing loan documents, calculating performance metrics, and ensuring compliance with loan agreements.

Banking

Responsibilities

Review, analyze, and interpret loan documents
Calculate property-level performance metrics based on borrower-provided financial statements in a manner in accordance with the loan documents
Correspond with Account Managers, Surveillance Analysts, and other internal groups to receive required documentations as outlined in the loan documents. As well as to communicate and escalate any non-compliance scenarios
Input and maintain loan collateral data in the loan servicing system
Accurately scrub and implement new deals/securitizations to identify all covenants and also ensure proper thresholds and calculations are continuously being met in accordance with the loan agreement
Monitor assigned portfolio to ensure compliance with loan agreements

Qualification

Loan document interpretationCommercial underwriting knowledgeAnalytical skillsOperating statement reviewMicrosoft WordMicrosoft ExcelMicrosoft OutlookVerbal communicationWritten communication

Required

Four-year college degree and/or equivalent experience
Proficiency in reading and interpreting loan documents
Excellent verbal and written communication skills, as well as a high degree of analytical skills
Overall knowledge of commercial underwriting
Knowledge of operating statement review and interpretation

Preferred

Background in real estate servicing or transactions, accounting/auditing, or commercial loan underwriting
Efficient in the use of word processing, spreadsheet, and email software such as Microsoft Word, Excel and Outlook

Benefits

Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Company

At KeyBank we’ve made a promise to our clients that they will always have a champion in us.

Funding

Current Stage
Late Stage

Leadership Team

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Chris Gorman
Chairman, Chief Executive Officer, and President, KeyCorp
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Holly Santoro
Executive Administrator to the Chairman & CEO
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Company data provided by crunchbase