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.
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
- 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
Skills
- 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
- 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
Company Overview
At 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.