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Risk Analyst II in Cleveland, OH at KeyBank

Date Posted: 2/9/2021

Job Snapshot

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

Job Description

This is a position within the Business Risk and Controls organization, which provides support for Technology & Operations, Consumer, Commercial, and Broker/Dealer lines of business as well as Enterprise Digital and Enterprise Payments. This position is primarily responsible for assisting assigned line(s) of business 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 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 assigned line(s) of business; 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 the organization. This position will specifically support [list line(s) of business depending on opening.]


• 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 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 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 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, technology, operations, security and third party activities.
• Assist with the performance of risk assessments of operations, applications, technologies, infrastructure and processes
• 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.
• Apply centralized risk and control processes for assigned lines of business, 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.
• 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.

This section describes job functions that are common to all job titles in this grade level:
• Provides consulting and support for concurrent small projects and tasks with minimal to moderate supervision
• Acts as a liaison for simple projects
• Creates moderately complex documents
• Identifies, analyzes and resolves risk related topics and issues with input from peers
• Develops alternatives and recommends task-level solutions
• Anticipates and addresses risk needs/issues
• Identifies continuous improvement opportunities
• Conducts simple research related to areas such as security, technologies, risk and compliance issues, etc.
• Manages business partner expectations and anticipates and addresses needs
• Conducts meetings at task level


• 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 preferable: technology, security, compliance, audit, risk management or specfic line of business, including related federal and laws, regulations and guidance.
• Strong organization skills and ability to execute 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.
• Demonstrated 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 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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