Operational Risk - Risk Analyst III

Location:

ABOUT THE JOB

Administer the operational event data collection process and related database.  Maintain hierarchies, category frameworks and other information required for reporting.  Conduct quality reviews of the data and provide guidance for reporters.  Review and provide data for operational risk management and

modeling, as well as regulatory and consortium reporting.  Provide support for external operational event review and analysis.  Collect and review information for tolerance reporting.

ESSENTIAL FUNCTIONS

• Manage the data collection process and maintain standards and procedures established by the Basel II Advanced Measurement Approach (AMA) requirements.  Continue to identify sources of and processes to collect Operational Loss Events, Near Misses, Operational Exposures, Credit Boundary Events and Reportable Loss Events for Governance Escalations.
• Work with data providers including Fraud, Legal, Insurance and Workers Compensation as well as business reviewers for events originated by other areas to ensure data quality and provide guidance and training for the collection process and GRC.
• Maintain various organizational hierarchies, as well as various category frameworks such as risk type, product, process and cause, for reporting requirements.
• Prepare reports using operational loss event data including quarterly Operational Risk Committee (ORC) report.
• Prepare quarterly tasks such as, tolerance metrics, OCC Reporting (Losses by Basel Categories and Gross Operational losses), FRB Operating Loss Forecasting, Economic Capital, and reporting to the Federal Reserve (PPNR and FR Y-14).
• Partner with business representatives, regulators and industry participants to provide information regarding operational risk and event collection.
• Work with GRC support staff for timely updates and maintenance used to process and report loss data including general ledger and hierarchy processing, and event creation and reporting.

REQUIRED QUALIFICATIONS

• Ability to multi-task and work in a fast-paced, changing environment.
• Bachelor’s degree in risk management or a business-related field.
• Ability to work in cross-functional groups and build strong relationships with business partners.
• Familiarity with Tableau, Microsoft Office tools (Work, Excel, PowerPoint) and proven ability to learn how to use other unique technologies.

PREFERRED QUALIFICATIONS

• 3-5 years of work experience in financial services risk management or related role.
• Understanding of bank processes, organizational structure, and financial systems.
• Advanced Excel and PowerPoint skills
• Working knowledge of Basel II AMA requirements for operational risk.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $70,000 to $80,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

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 HR_Compliance@keybank.com.

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