Risk Rating Model Analytics Quant/Modeling Analyst in Cleveland, OH at Key Bank- Corporate

Date Posted: 10/29/2018

Job Snapshot

Job Description

About the Job
The Risk Rating Model Analytics team implements and administers the models and tools used to determine risk ratings for commercial borrowers throughout Key. RRMA’s larger role is in enhancing the reliability and efficiency of risk rating processes to ensure commercial credit risk can be measured and priced to maximize value for Key’s shareholders. RRMA leads dozens of enhancement initiatives, working closely with quantitative modelers, Credit Risk Management, originating lines of business, credit systems, and technology personnel.

An analyst/associate should have a strong foundation in credit risk, data analysis, and/or process management. Shortcomings in one of these areas can be made up for with strengths in others, since RRMA leads a wide range of initiatives. For the same reason, an analyst should have strong communication skills and leadership traits.

Essential Job Functions

Primary job functions include:
  • Coordinating model/tool updates and enhancements with developers, programmers, technology teams, and lines of business
  • Performing impact analysis on changes made to models
  • Navigating and processing data from internal and external sources
  • Gaining a strong understanding of business needs and workflows of model users
  • Analyzing risk rating processes to improve consistency and accuracy
  • Providing guidance to downstream risk rating users such as ALLL, Economic Capital, and CECL
Required Qualifications
  • Bachelor’s or Master’s degree in finance, economics, statistics, or other quantitative field
  • 2-5 years of experience in credit, data analysis, banking, and/or process management
Supplemental Skills
  • Presentation and report building
  • Effective interpersonal communication by email, phone, Webex, etc.
  • Ability to design, manage, and restructure processes
  • Ability to manage projects from inception to execution
  • Knowledge of or willingness to learn SAS/SQL or similar database software
  • Strong understanding of data and statistics
  • Familiarity with credit risk and other banking concepts
  • Proficiency in Microsoft Office, especially Excel

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.

KeyBank has administrative services in place that help support the business. These include: Finance, Human Resources, Legal, and Marketing. KeyBank’s Corporate Center supports strategic initiatives through multiple teams which provide distinctly different, yet interrelated, disciplines for the Corporate Bank Leadership team and its business groups.


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: 32444BR

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