Quant/Modeling Associate in Newcastle, WA at Key Bank- Corporate

Date Posted: 2/3/2018

Job Snapshot

  • Employee Type:
  • Location:
    Newcastle, WA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Quantitative Modeling Associate, Model Risk to work in Newcastle and Seattle Washington (multiple positions): Conduct independent model validation using the conceptual framework and assumptions of the models. Assess model performance. Verify that validated models have been implemented correctly. Assess adequacy of model owner’s monitoring and maintenance. Assess model risks and limitations. Verify that model has been properly documented. Document the validation procedures and results. Use modeling techniques such as survival (hazard), logistic regression, time series, roll-rate, and Markov models. Monitor model performance. Prepare documentation for CCAR and for all internal and external reviews. Use of SAS.

Requires a Master’s Degree in Finance/Computational Finance and Risk Management/ Statistics/Management/Applied Statistics as well as twenty-four months in job or job related experience to include modeling techniques such as logistic regression and time series; monitoring model performance. Suitable combination of education, training and experience is acceptable. Experience may have been gained before, during or after degree. Opportunity to work from home.

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 $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, 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.

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.


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: 26709BR