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KeyBank · 2 months ago

Sr. Compliance Manager – Operational Risk Testing

Brooklyn, OH

Full-time

Onsite

Senior Level

$112K/yr - $210K/yr

6+ years exp

KeyBank is a financial services company seeking a Senior Compliance Manager for their Operational Risk Testing team. The role involves leading a team to evaluate compliance with laws and regulations, manage risk assessments, and oversee operational risk testing activities across the organization.

Banking

Responsibilities

Lead and manage a team of operational risk testing professionals and provide oversight of the risk-based monitoring and evaluation activities, including risk assessment, monitoring and testing, analysis of findings, and reporting to ensure effective, sustainable risk management processes exist

Provide oversight, guidance, and strategic direction to staff related to day-to-day responsibilities and engagement of line of business management and compliance partners in designing and executing testing, special projects, and ongoing monitoring

Demonstrate subject matter expertise in the testing and working knowledge of banking operations, industry trends, emerging issues, and related banking products and ability to understand its applicability to risk management strategies including the scoping of risk evaluations, monitoring, and design of testing plans

Utilize knowledge of data analysis tools and techniques to lead a team of compliance testing professionals in analyzing, quantifying, and/or assessing risks and to evaluate controls to identify potential weaknesses and/or control gaps

Assist REA Executive with the ongoing design, development, and implementation of the REA operational risk testing program including the testing plan, testing methodology, ongoing monitoring, and strategic initiatives to provide assurance that the Bank’s policies, procedures, and processes are adequately designed and executed to effectively mitigate operational risks and consistent with industry best practices

Responsible for managing staff, providing ongoing coaching, and driving quality of work for the team while ensuring any issues or material breaches of applicable laws, rules, policies or standards with an actual or potential compliance risk impact are appropriately identified, escalated, remediated, and validated

Maintain awareness of emerging issues, bank-wide initiatives, and industry trends to be forward thinking and innovative in executing testing engagements and ongoing monitoring to identify process and control improvement opportunities

Develop and maintain strong, collaborative relationships with mid to senior level management, other internal clients and peers, Internal Audit, industry peers, and regulatory examiners

Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and operational risk testing related procedures

Actively identify and pursue training or continuing education opportunities to further develop overall knowledge of regulatory compliance, banking products and services, industry trends, and emerging risks

Qualification

Compliance Risk ManagementOperational Risk TestingData Analysis ToolsBanking Operations KnowledgeRisk AssessmentRegulatory ComplianceTeam ManagementStrategic PlanningRelationship ManagementEthical StandardsInterpersonal SkillsCritical ThinkingProblem-Solving SkillsEffective CommunicationAdaptabilityContinuous Learning

Required

Bachelor's degree

Minimum 6 years of compliance, risk management, and/or audit experience with a strong focus on risks and controls and risk-based auditing and/or testing techniques; management experience preferred

Advanced working knowledge of financial services compliance and operations including the related rules and regulations of the financial services industry to include: OCC, FRB, State Law, and other pertinent regulations

Demonstrated skill in effectively communicating (verbal and written) results to a diverse audience; ability to work with all levels of management with a focus on collaboration and relationship management

Experience with data analysis tools and techniques including advanced concepts of Microsoft Word, Excel, and PowerPoint and/or other analytical software (e.g. – SAS, Tableau, ACL, etc.)

Strong interpersonal skills; ability to work well in a team environment

High ethical standards, strong critical thinking, detective, analytical, and problem-solving skills

Autonomous, self-motivated, and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment

Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes

Preferred

Currently maintains relevant professional and/or industry sponsored certifications in risk management, internal audit, and/or compliance (e.g. – Certified Information Systems Auditor (CISA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), etc.)

Comprehensive knowledge of the operational, technical, and functional structure of financial services organizations, banking systems, and risk programs