Covenant Compliance - Ops Analyst I

KeyBank • Overland Park, KS

1d • $51,000 - $78,000

About The Position

Examine and monitor the covenant requirements in loan documents and evaluate loan compliance.

Requirements

• 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

Nice To Haves

• 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

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

Benefits

• This position is eligible to earn a base salary in the range of $51,000.00 - $78,000.00 annually.
• Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location.
• Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
• Please click here for a list of benefits for which this position is eligible.
• Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees