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Covenant Compliance Analyst I

at KeyCorp in Overland Park, Kansas, United States

Job Description

Location:11501 Outlook Street - Overland Park, Kansas 66211

 

JOB BRIEF:

Examine and monitor the covenant requirements in loan documents and evaluate loan compliance.

 

ESSENTIAL JOB FUNCTIONS:

 

Review and analyze loan documents.

 

Ensure proper implementation of default and/or lockbox processes by escalating situations that fail required metrics.

 

Correspond with Account Managers and Surveillance Analysts to receive required documentation as scheduled by the loan documents and to escalate any non-compliant loans.

 

Input and maintain loan and 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 met.

 

Monitor assigned portfolio in order to ensure compliance with loan agreements.

 

Assist the Surveillance management team with special projects, as assigned.

 

Develop and maintain processes and procedures for the group.

 

MARGINAL OR PERIPHERAL FUNCTIONS:

 

Other duties as assigned

 

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:

 

Personal Computer

 

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

 

Software: Microsoft Word, Excel, and Outlook

 

TRAINING REQUIRED:

 

Classroom and on-the-job training program

 

Continuing and ongoing training as needed

 

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

 

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 .

 

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and 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, disability or veteran status.

Job Details

Company

KeyCorp

Location

11501 Outlook Street
Overland Park, Kansas 66211
United States

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Job Posting: 11535543

Posted On: Jun 17, 2021

Updated On: Jul 17, 2021