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

Date Posted: 7/22/2020

Job Snapshot

  • Employee Type:
  • Location:
    127 Public Square
    Cleveland, OH
  • Date Posted:

Job Description

Essential Job Functions
Predictive Modeling, Advanced Analytics & Loss Forecasting is looking for a Quantitative Associate to develop Commercial Risk Ratings and help set Economic Capital. The Quantitative Analyst will be required to develop close relationships with the commercial product teams, understand the credit risk associated with loans and creatively determine how to quantify this risk. The position will provide the opportunity to explore new analytics and be part of the team on numerous initiatives. Finally, results and other analyses will be shared with various business executives in order to gain insights into the portfolio and share foresights and conclusions from the analysis and modeling process.

This position is on the Commercial Risk Ratings & Economic Capital Team. This team is responsible for monitoring Key’s commercial risk rating models and economic capital models. These are utilized to evaluate the credit risk for commercial loans, and thus are critical to Key managing their ~$70BN commercial book, which encapsulated about 65% of all credit relationships.

Required Qualifications
  • One to three years’ experience in analytics and exposure to various areas of finance
  • Master’s degree in economics, finance, mathematics, statistics, AI, machine learning, analytics or another quantitative field preferred
  • Impeccable integrity, sound judgment, and strategic vision
  • Excellent analytical ability and communications skills – internally and externally
  • 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

Skills Preferred

  • Working knowledge of Python/R/SAS or other advanced statistical/econometric analysis software
  • Relational databases and SQL programming
  • Ability to use advanced statistical and mathematical software to perform statistical estimation on financial data
  • Ability to analyze complex financial instruments, create spreadsheets and write code to facilitate the analysis
  • Strong organization skills are required to perform multiple tasks simultaneously to meet strict deadlines
  • The ability to explain complex information in simple and concise format


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.


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