KeyBank Risk Analyst II – Community Bank Business Risk and Controls – Business in Brooklyn, Ohio
Risk Analyst II – Community Bank Business Risk and Controls – BusinessinBrooklyn, OHatKey Bank- Corporate
Date Posted: 9/25/2018
Employee Type: Full-Time
Location: 4910 Tiedeman Road Brooklyn, OH
Job Type: Banking
Experience: Not Specified
Date Posted: 9/25/2018
ABOUT THE JOB (JOB BRIEF)
This is a position within the Key Community Bank (KCB) Risk, Controls and Compliance organization. This position is primarily responsible for assisting Business Banking (Small Business, SBA, Core, Government Banking) and Commercial Underwriting (Credit Campus) with the identification, measurement, and management of risk; development and implementation of sustainable controls; and development or maintenance of effective risk management policies and programs, reporting, training and testing to fulfill KCB s strategic objectives while operating within defined risk appetite. Additional responsibilities include providing risk, control and compliance consultation / advice, in conjunction with the second line of defense, on current and emerging risks impacting Business Banking (Small Business, SBA, Core, Government Banking), and Commercial Underwriting (Credit Campus); 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 corporate risk management partners across risk disciplines to develop and implement consistent risk management standards and processes across KCB.
ESSENTIAL JOB FUNCTIONS
Provide guidance and assistance to develop and implement the risk and control self-assessments and related risk profiles, including risk, control, test and risk metric design in accordance with corporate standards.
Assist with and when necessary, 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.
Assist in the completion of and when necessary, complete the quarterly risk profile including collecting of information, drafting content, identifying key risk topics and points of interest, facilitating review within line of business and corporate risk management, along with obtaining senior executive approval.
Validate, monitor, and provide guidance on and when necessary, complete 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, customer complaints, losses, customer facing materials, regulatory changes/guidance and third party activities.
Assist Manager in providing overall monitoring and oversight of risk, control and compliance activities, along with periodic reporting to senior management and risk review and regulators.
Partner with financial crimes governance units and assist in the management of anti-money laundering and client due diligence risks, including participation in enhanced due diligence processes, engagement of appropriate line of business stakeholders, and facilitation of compliance reconciliation processes and high risk client decision making, escalations, discrepancies and appeals.
Manage KCB centralized risk and control processes, as needed, and lead or support special risk mitigation projects, business continuity and other incident response and security related activities.
Respond to inquiries, related but not limited to, account set up and servicing questions, corporate investigations, customer complaints, losses and solicit engagement of line of business, risk management and legal resources as needed.
Develop and prepare KCB and 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.
Build and sustain positive working relationships with corporate risk management 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.
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 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.
Proven analytical and problem solving skills, decision making and ability to drive continuous improvement.
Understanding of retail and commercial banking 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.
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
ABOUT THE BUSINESS:
Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.
FLSA STATUS: Exempt
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.