Covenant Compliance - Ops Analyst I
About The Position
Examine and monitor the covenant requirements in loan documents and evaluate loan compliance. Essential Job Functions 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
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 subject to individual and company performance.
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
