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
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
KeyBank
At KeyBank we’ve made a promise to our clients that they will always have a champion in us.
Funding
Current Stage
Late StageLeadership Team
Recent News
2023-08-28
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