Location:
127 Public Square, Cleveland Ohio
ABOUT THE JOB
The Sr. Quant Analytics Associate will be a member of the Fair and Responsible Banking ("FARB") Analytics team within Compliance Risk Management ("CRM"). As part of Key's second line of defense CRM function, the FARB Analytics Sr. Quant Analytics Associate will provide support to the FARB Compliance Management System, assisting the Analytics Director and Quant Analytics Manager with FARB analytics program development, enhancement, and execution. The Sr. Quant Analytics Associate's primary responsibilities may include but not limited to developing and executing FARB quantitative/statistical analysis and regression models across multiple lines of business. The Sr. Quant Analytics Associate will perform oversight activities and assume responsibility for the use of quantitative/statistical analysis to identify and mitigate actions that may expose KeyCorp and its affiliates to FARB compliance risk outside its desired risk appetite. Candidate will work with the FARB teams (Fair Lending, CRA, UDAAP & Complaints) to assess the results of any loan level file review resulting from statistical analysis, partner and establish effective relationships with Line of Business ("LOB"), displaying an ability to explain complex statistical concepts and promote a good rapport with 1st, 2nd, and 3rd Line of Defense Stakeholders throughout the organization. Candidate must exhibit initiative and be able to identify needed enhancements to current process flows and help to implement changes.
ESSENTIAL JOB FUNCTIONS
Extract data from various sources and develop quantitative/statistical analysis and regression models in SAS or similar statistical software using industry standards and FARB methodologies.
Perform research and development related to FARB risk monitoring and regression model review.
Prepare reporting of analysis and results and present the information in non-technical terms.
Prepare regression model documentation and work with Model Risk Management to ensure soundness of the FARB statistical regression models.
Proactively identify process improvements or control gaps and facilitate necessary associated changes.
Develop and maintain strong, collaborative relationships with applicable stakeholders to identify suitable internal controls to ensure compliance with laws and regulations.
Maintain a sound understanding of policies/guidelines for underwriting, pricing, etc., business processes and associated risks with respect to LOBs.
Timely escalate issues and exceptions to management in accordance with procedures and/or based on sound judgment.
Follow through with LOB management and/or appropriate compliance risk personnel to ensure appropriate corrective action is taken to sufficiently address findings/issues to prevent ongoing systemic issues.
Participate in or lead various projects related to mitigating risk to Key.
REQUIRED QUALIFICATIONS
Master's degree (or its equivalent) in a quantitative field (e.g., statistics, economics, engineering).
Minimum 3 years of applied statistical and analytics experience in financial services or similar work related to graduate school experience; at least 2+ years specifically focused on fair lending analytics design, build and use.
Demonstrated proficiency in analytical programming (e.g., SAS (preferred), R, Python).
Experience in developing, implementing, and evaluating linear/logistic regression models.
Excellent communication (verbal and written) skill and the ability to communicate complex statistical methodologies in a non-technical way.
Experience working for a bank, consumer financial product company such as a non-depository mortgage lender, banking regulator or other related government regulatory or enforcement agency a plus.
Experience with machine learning/artificial intelligence models a plus.
Experience with Tableau a plus.
Must possess initiative, be a self-starter, ability to multitask and adapt quickly to change or shifting priorities, have a high attention to details and accuracy and work in a fast-paced, changing environment.
Proven ability to work in a team environment.
Complies with all KeyBank policies and procedures, including without limitation, always acting professionally, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $X to $X annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.
Please click here (https://www.key.com/kco/images/Key\Benefit\Eligibility_Chart.pdf) for a list of benefits for which this position is eligible.
Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.
Job Posting Expiration Date: 09/06/2025
KeyCorp is an Equal Opportunity Employer committed to 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.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
LI-Remote
KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You'll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.
