Quantitative Team Leader in Cleveland, OH at Key Bank- Corporate

Date Posted: 10/18/2018

Job Snapshot

  • Employee Type:
  • Location:
    127 Public Square
    Cleveland, OH
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Essential Job Functions

For its Predictive Modeling, Advanced Analytics & Loss Forecasting group within the Finance organization, KeyCorp is looking for a Sr. Quantitative Professional to join the Center of Excellence for Quantitative Research and Modeling Methodologies. A successful candidate will integrate well with partners in Consumer & Commercial model development for Stress Testing (CCAR) & Allowance (CECL), Model Risk Management, Enterprise Credit and Operational Risk, Balance Sheet and Capital Management, Technology, Audit and Compliance as well as Federal Reserve and OCC.
This individual will act as a senior expert on quantitative modeling methodologies & analytics techniques. The ideal candidate would have experience leading model development as well as advanced analytics in the financial or related sector
This position will report to the Head of the Center of Excellence for Quantitative Research and Modeling Methodologies, and the primary responsibilities of the Sr. Quantitative Professional will include:

  • Providing recommendations and insights to model development teams on appropriate statistical frameworks to utilize and alternate methodologies for development of credit models, and act as a thought partner
  • Performing the most complex qualitative and quantitative assessments on all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity
  • Interfacing with Model Risk Management to guide the validation process, answering technical questions around conceptual soundness, appropriateness of mathematical constructs and illustrating backtesting results
  • Regularly sharing cutting edge techniques in advanced analytics, including machine learning algorithms and techniques that can be applied to the financial services industry
  • Staying current on academic and industry literature to be aware of latest statistical and analytic techniques being used
  • Participating in industry and firm-wide discussion forums and guide the development of innovative solutions within the modeling arena across the company

Required Qualifications

  • 7+ years of modeling and analytics experience, preferably within the financial industry
  • PhD or MS in heavy quantitative field: finance, econometrics, mathematics, physics, engineering, statistics
  • Ability to understand and apply latest academic and industry research to current problems facing the financial industry
  • Strong experience in developing and defining analytical methodologies, including machine learning algorithms
  • Strong understanding of key drivers of risk and returns for lending products
  • Excellent communications skills with proven ability to make clear and convincing presentations, and writes in a concise & organized manner for the intended audience
  • Holds self and others accountable for measurable high-quality, timely, and cost effective results. Determines objectives, sets priorities, and seeks help when needed.
  • Is open to change and new information; rapidly adapts to new information, changing conditions, or unexpected obstacles
  • A relationship builder, who can establish trust and credibility across the organization as well as with regulators and other key external constituents
  • Impeccable integrity, sound judgment, and strategic vision

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 $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank 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. KeyBank is Member FDIC.

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: 30272BR

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