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

Date Posted: 2/3/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Cleveland, OH
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    2/3/2018
  • Job ID:
    26705BR

Job Description

Quantitative Modeling Associate, Risk Modeling and Analytics to work in Cleveland, OH (multiple positions): Assist the team lead in the development, implementation and monitoring of econometric models related to stress testing. Perform qualitative and quantitative analysis for the model, including theoretical aspects, data quality, data collection and organization, model tests and supporting implementation of models. Prepare documentation and ensure all documentation and systems needed to implement the model are in place and verified. Manage statistical modeling projects, including econometric models for risk measurement and loss forecasting. Create new algorithm to test model errors. Use of SAS and SQL.

Requires a Master’s Degree in Business Analytics/Business Admin/Industrial Engineering and Management/Mathematics/ Statistics/Finance/Economics as well as one (1) month in job or job related experience to include perform qualitative and quantitative analysis for the model, including theoretical aspects, data quality, data collection and organization, model tests and supporting implementation of models. Suitable combination of education, training and experience is acceptable. Experience may have been gained before, during, or after degree. Opportunity to work from home. Full-time position at 40 hours/week, Monday through Friday 8:00 a.m. to 5:00 p.m.


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 $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.

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: 26705BR