Covenant Compliance – Ops Analyst I

KeyBank • Overland Park, KS

4d • $52,000 - $80,000 • Hybrid

About The Position

Examine and monitor the covenant requirements in loan documents and evaluate loan compliance. This role involves reviewing, analyzing, and interpreting loan documents, calculating property-level performance metrics, and corresponding with internal groups to ensure documentation and compliance. The analyst will also input and maintain loan collateral data, scrub and implement new deals to identify covenants and ensure proper calculations, and monitor an assigned portfolio for 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

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree