Covenant Compliance - Ops Analyst I

Job Title

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

Required Qualifications

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

Preferred Qualifications

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

Equipment Used

Company provided computer

Standard office equipment (phone, fax, copier, calculator)

Software: Microsoft Word, Excel, and Outlook

Training Required

On-the-job training program

Continuing and ongoing training as needed

COMPENSATION AND 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.

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.

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.