Covenant Compliance - Ops Analyst I
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.ResponsibilitiesReview, analyze, and interpret loan documentsCalculate property-level performance metrics based on borrower-provided financial statements in a manner in accordance with the loan documentsCorrespond with Account Managers, Surveillance Analysts, and other internal groups to receive required documentations as outlined in the loan documentsCommunicate and escalate any non-compliance scenariosInput and maintain loan collateral data in the loan servicing systemAccurately 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 agreementMonitor assigned portfolio to ensure compliance with loan agreementsSkillsFour-year college degree and/or equivalent experienceProficiency in reading and interpreting loan documentsExcellent verbal and written communication skills, as well as a high degree of analytical skillsOverall knowledge of commercial underwritingKnowledge of operating statement review and interpretationBackground in real estate servicing or transactions, accounting/auditing, or commercial loan underwritingEfficient in the use of word processing, spreadsheet, and email software, such as Microsoft Word, Excel and OutlookCompany OverviewAt 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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