Sr. Quantitative/Modeling Associate in Cleveland, OH at Key Bank- Corporate

Date Posted: 10/31/2019

Job Snapshot

Job Description

About the Job
For its Model Development Group within the Risk organization, KeyCorp is looking for a Sr. Quantitative Associate to perform analytics on credit stress testing models and support implementation of models. This individual will independently build and performs qualitative and quantitative analysis on all credit portfolios, and will support the submission of models to independent validation.

Essential Job Functions

This individual will manage quantitative credit risk modeling projects, including stress-test models of default frequency, rating migration, exposure at default and loss at default, in support of the bank’s CCAR and Dodd-Frank compliance, and credit risk analytics. This individual will use quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the model.

Required Qualifications

  • Five to seven years’ experience in quantitative credit risk modeling.
  • Ph.D. and Master’s degree in economics, finance, mathematics, statistics or other quantitative field.
  • Advanced knowledge of statistics/econometrics.
  • Working knowledge of SAS or other advanced statistical/econometric analysis software.
  • Proficiency in the use of Microsoft Office with advanced experience in Excel and SQL.
  • Excellent analytical ability.
  • Critical thinkers with business intuition, intellectual curiosity, and ability to execute
  • Hands-on approach, with proven execution/process skills. Organized and focused on delivering results.
  • Impeccable integrity, sound judgment, and strategic vision.
  • Excellent communications skills – internally and externally, including with regulators.

Skills Required

  • Relational databases and SQL programming.
  • Ability to use advanced statistical and mathematical software to perform statistical estimation on financial data.
  • Financial modeling in mathematical/symbolic terms.
  • Ability to solve mathematical models analytically.
  • Ability to simulate mathematical/statistical models.
  • Ability to analyze complex financial instruments, create spreadsheets and write code to facilitate the analysis.
  • Strong organization skills are required to perform multiple tasks simultaneously to meet strict deadlines.
  • The ability to understand generally accepted accounting principles.


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.

38338BR

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