Risk Analyst II - Consumer Credit Risk Management

Location:

ABOUT THE JOB  
This is a position within the Consumer Credit Risk Management organization.  This position is primarily responsible for identification, measurement, and management of risk; development and implementation of sustainable controls; development and maintenance of reporting and analytics; and development or maintenance of effective risk management policies and programs, reporting, training and testing to fulfill Key’s strategic objectives while operating within defined risk appetite.  Additional responsibilities include providing risk and control consultation advice on current and emerging risks impacting Consumer Lending, Home Lending and Default Decisions, promoting accountability for the awareness and management of risk, and coordinating the management and escalation of issues.  This position will also engage and consult with First Line of Defense Business Risk and Controls to develop and implement consistent risk management standards and processes across the business. 
 

ESSENTIAL JOB FUNCTIONS

• Provide guidance and assistance to develop and implement the risk and control quality assessments and related risk profiles, including risk, control, test and risk metric design in accordance with defined standards.
• Perform quarterly assessments of testing, control effectiveness, residual risk, risk metrics and encourage proactive identification of weaknesses and/or control gaps, while providing sound recommendations to address control gaps.
• Validate, monitor, and provide guidance on findings, remediation plans, and exception requests, escalating risks and issues outside of risk appetite, as applicable.
• Develop understanding of risk management requirements for new business/product initiatives, product/process changes,  losses, regulatory changes/guidance and third party activities.
• Assist Manager in providing overall monitoring and oversight of risk, along with periodic reporting to senior management,   risk review and regulators.
• Support the management of internal audits and external exams.  Participate in pre-regulatory exam preparation activities including collecting and tracking information requests, and following up on post exam corrective actions to ensure effective implementation prior to closure.
• Manage Credit Risk Management risk and control processes, as needed, and lead or support special risk mitigation projects, business continuity and other incident response and security related activities.
• Develop and prepare related risk reporting in support of business risk priority and review meeting cadence, and prepare ad-hoc reporting for line of business and team members to facilitate miscellaneous senior and executive management reporting and status updates, as needed.
• Design and develop systemic testing based on product strategies that align with policies and procedures.
• Design and develop systemic reporting that will inform Manager and Senior Management for issues or concerns.
• Develop and maintain product specific datasets for use, including independent development of process maps and procedures.
• Develop presentations to synthesize second line of defense analysis and action plans. Present  risk analyses and findings to management.
• Develop, maintain and present new business monitoring and reporting to inform management and Line of Business.
• Build and sustain positive working relationships with First Line of Defense Business Risk and Controls and line of business executives, managers and teams, while developing an understanding of the business and strategic objectives.
• Assist in the development and delivery of line of business specific risk and compliance related training, leveraging cross functional teams, as needed.
• Assist in the execution of supplementary reviews and assessments as warranted to proactively identify risks and/or maintain control design/monitoring sustainability.
• Assist in the completion of the quarterly risk profile including identifying key risk topics and points of interest. 
   

REQUIRED QUALIFICATIONS

• College degree or equivalent work experience with emphasis on business and risk management. 
• Minimum 2 or more years of banking industry knowledge with experience in one or more of the following:  compliance, audit, risk management or Consumer, Home Lending or Default line of business.
• Strong organization skills and ability to manage multiple high level projects and competing priorities with little supervision.
• Demonstrated ability to be self-motivated, build and manage relationships, and work in a dynamic, fast paced team environment.
• Proficient use of personal computers including use of Microsoft Office, various web-based software applications, databases and mainframe application.
• Proficient in designing and developing systemic testing strategies and reporting.
• Knowledge of tools, techniques and processes for gathering and reporting data
• Proven analytical and problem solving skills, decision making and ability to drive continuous improvement.
• Understanding of Consumer Lending Products, Home Lending and Default lines of businesses and processes, and related federal and laws, regulations and guidance.
• Demonstrate team work and accountability with strong interpersonal skills and the ability to interact effectively with external and internal clients including executive managers, along with building and sustaining collaborative relationships.
• Solid written and communication skills and ability to “sell” difficult/complex concepts.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $75,000 to $83,000 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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