Quantitative/Modeling Associate - Consumer Modeling in Cleveland, OH at Key Bank- Corporate

Date Posted: 11/7/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    127 Public Square
    Cleveland, OH
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/7/2018

Job Description

About the Job: For its Model Development group within the Finance organization, KeyCorp is looking for a Quantitative Analyst to build credit stress testing models for consumer credit portfolios. This individual will independently builds and performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity.

Essential Job Functions: This individual will manage quantitative risk modeling projects, including econometric models for credit risk measurement and loss forecasting. Additional responsibilities include extensive engagement with line of business and model validation, and credit policy partners. The role requires a sound balance between analytical expertise and a sound understanding of consumer portfolio dynamics.

Required Qualifications:
  • 2+ years experience in quantitative credit risk modeling, with experience in Auto lending is a strong plus
  • Bachelor's degree in economics, finance, mathematics, statistics or other quantitative field. Master's and PhD Preferred
  • Advanced knowledge of statistics/econometrics.
  • Proficient in SAS or other advanced statistical/econometric analysis software.
  • Excellent analytical ability.
  • Critical thinkers with business intuition, intellectual curiosity, and ability to execute
  • Hands-on approach, with proven execution/process skills. Organized and focused on delivering results.
  • Impeccable integrity, sound judgment, and strategic vision.
  • Excellent communications skills – internally and externally, including with regulators.
  • Ability to use advanced statistical and mathematical software to perform statistical estimation on large datasets
  • Strong programming skill in statistical languages (i.e. SAS, R, Matlab etc)
  • Good understanding of Auto portfolio credit risk is highly desirable
  • Strong organization skills are required to perform multiple tasks simultaneously to meet strict deadlines.


ABOUT KEY:
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.

JobID: 32491BR

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