Covenant Compliance - Ops Analyst I

🌍 Remote, USA 🚀 Full-time 🕐 Posted Recently

Job Description

KeyBank is a financial institution seeking 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.


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
  • 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

Skills

  • 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
  • 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

Company Overview

  • At KeyBank we’ve made a promise to our clients that they will always have a champion in us. It was founded in 1849, and is headquartered in Cleveland , Ohio, US, with a workforce of 10001+ employees. Its website is https://www.key.com.

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