Covenant Compliance - Ops Analyst I
KeyBank is a financial institution, and they are seeking an Operations Analyst I to analyze data, write reports, and manage complex projects that support business planning and risk management. The role involves monitoring loan covenant compliance and maintaining accurate loan data across systems.
Responsibilities
- Examine and monitor covenant requirements in loan documents and evaluate loan compliance
- Review, analyze, and interpret loan documents
- Calculate property-level performance metrics based on borrower-provided financial statements in accordance with loan documents
- Correspond with Account Managers, Surveillance Analysts, and other internal groups to obtain required documentation and escalate non-compliance scenarios
- Input and maintain loan collateral data in the loan servicing system
- Scrub and implement new deals/securitizations to identify covenants and ensure proper thresholds and calculations are met
- Monitor assigned portfolio to ensure ongoing compliance with loan agreements
- Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
- Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key
Skills
- Bachelor's Degree (preferred) OR equivalent experience (required)
- 1+ years in commercial real estate, loan servicing, or financial analysis (preferred)
- Reviewing and interpreting loan agreements to identify covenant and compliance requirements
- Evaluating borrower adherence to loan terms and escalating non-compliance issues
- Analyzing borrower-provided financials to calculate property-level performance metrics
- Inputting and maintaining accurate loan and collateral data across servicing systems
- Reviewing new deals to identify covenants and ensure proper setup and calculations
- Monitoring assigned loans for ongoing adherence to servicing standards
- Applying critical analysis to financial and operational data for decision support
- Collaborating with internal teams to gather documentation and resolve compliance issues
- Understanding loan structures and risk factors in commercial real estate
- Evaluating income and expense reports to assess property performance
- Using Excel, Word, and Outlook for reporting, analysis, and communication
- Managing multiple tasks and deadlines efficiently in a fast-paced environment
- Identifying opportunities to streamline workflows and enhance data accuracy
- Understanding and improving business systems and processes for operational excellence
- Working across departments to support business planning and risk management
- Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key
- Bachelor's Degree (preferred)
- 1+ years in commercial real estate, loan servicing, or financial analysis (preferred)
Benefits
- Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives
- Flexible options in circumstances where roles can be performed effectively in a mobile environment
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