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Team Leader - Allowance for Loan and Lease Losses (ALLL) in Cleveland, OH at Key Bank- Corporate

Date Posted: 8/6/2020

Job Snapshot

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

Job Description

About the job:
In this highly visible role, you will communicate Key’s strategy leveraging knowledge of the various commercial portfolios, specific quantitative models and key drivers, the ALLL/CECL standards and Key’s policies for overall ALLL management by providing thought leadership and strategy recommendations to drive the Allowance Strategy (including current and future GAAP and internal methodologies) for Key’s commercial loan portfolio

Primary responsibilities:
  • Lead cross-functional qualitative working group to identify and estimate appropriate credit reserves not captured in quantitative models, based on current risk factors and economic conditions, partnering with Credit Risk Management, Credit Modeling, Accounting, Portfolio Management and Model Risk
  • Manage and lead a team providing advanced analyses and reporting for quantitative and qualitative reserves to deliver on stated strategies both within and across the various LOBs
  • Develop reporting materials and lead commercial reserve discussion with senior executives at quarterly governance meetings
  • Partner with Risk Management to develop allowance and credit loss forecasts incorporating and providing insights to/from lines of business and finance teams
  • Ensure consistency, along with appropriate differentiation, in the Risk Appetite framework and ALLL strategies across the Commercial risk teams and the consumer ALLL team
  • Development of best in class documentation and operational risk and audit controls surrounding the ALLL strategy leveraging visual analytic and statistical tools when necessary
  • Assist in interaction and communication with both internal and external regulators (i.e. FED, OCC, EY, Internal Audit) on all aspects of the ALLL & CECL strategies

The candidate must have strong background in and leadership skills with:
  • Analytical frameworks (creative, risk taker, willing to think different, comfortable playing with data and challenging past methodological tenants)
  • Ability to develop effective partnerships across several disciplines
  • Communicate and act like a Business General Manager (decisive, business oriented and quick)
  • Balanced perspective (risk management thinker who considers shareholder, regulator and customer stakeholder points of view)
  • Finance or Risk Management work experience in a large, regulated banking environment

Required Qualifications:
  • Bachelor's or Master's degree in Statistics, Accounting, Economics/Econometrics, Applied Economics, Decision Science, Finance, Operations Research, Mathematics (or equivalent quantitative field)
  • A minimum of 7 years of relevant accounting/finance/analytics/modeling experience, including experience in Finance, Risk Management and Business Strategy.
  • Experience in GAAP accounting in a large banking environment
  • Strong analytical, interpretive and problem-solving skills, which will require the ability to synthesize / analyze diverse information and develop strategy recommendations from observed outcomes.
  • Experience in advanced analytic techniques applied to customer and risk valuation, predictive modeling, design of experiment, and segmentation
  • Written and oral communication skills must be strong, with an ability and demonstrated experience in clearly presenting analytical findings
  • Ability to influence across all levels of the organization
  • CPA and/or MBA a plus


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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