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KeyBank · 22 hours ago

Risk Analyst II

Amherst, NY

Full-time

Hybrid

Entry, Mid Level

$63K/yr - $96K/yr

2+ years exp

KeyBank is a financial institution seeking a Risk Analyst II to join their Consumer Credit Risk Management organization. This role is primarily responsible for identifying, measuring, and managing credit risk while developing and monitoring sustainable controls related to risk management policies and programs.

Banking

Responsibilities

Using advanced analytics, identify and escalate credit risk insights for consumer credit products; buy leveraging insights related to emerging, concentration, and layered risk of new originations and existing portfolio asset quality

An understanding of full life cycle of consumer credit products with respect to risk appetite positions at account and relationship levels

An understanding of risk management requirements for new business/product initiatives, product/process changes, losses, regulatory changes/guidance and third-party activities

Develop and prepare related risk reporting in support of business risk priority and review meeting cadence, and prepare ad-hoc reporting for line of business and team members to facilitate miscellaneous senior and executive management reporting and status updates, as needed

Build and sustain positive working relationships with First Line of Defense business units, in conjunction with developing an understanding of the business and strategic objectives of those units

Qualification

Credit risk analysisSAS proficiencyConsumer lending knowledgeStatistical analysisRisk reportingInternal controls evaluationAnalytical skillsOrganization skillsInterpersonal skillsCommunication skills

Required

College degree or equivalent work experience with emphasis on business and risk management

Minimum 2 or more years of banking industry knowledge with experience in one or more of the following: credit risk, compliance, audit; or consumer credit lending lines of business

Proficient use of SAS or similar coding application, and Microsoft Office suite of applications

Strong organization skills and ability to manage multiple high-level projects and competing priorities with little supervision

Demonstrated ability to be self-motivated, build and manage relationships, and work in a dynamic, fast paced team environment

Proven analytical and problem-solving skills, decision making and ability to drive continuous improvement

Understanding of Consumer Lending Products: businesses and processes, plus related federal laws, regulations and guidance

Demonstrate teamwork and accountability with strong interpersonal skills and the ability to interact effectively with external and internal clients including executive managers, along with building and sustaining collaborative relationships

Solid written and communication skills with ability to 'sell' difficult/complex concepts

Apply statistical and trend analysis techniques to risk data

Use Power Query, complex formulas, and automation for reporting

Evaluate adequacy of internal controls and identify risk exposures

Enhance processes for compliance and risk mitigation

Understand enterprise risk frameworks and governance

Create dashboards and reports for management

Present findings clearly to stakeholders

Partner with Line of Business teams to manage risks

Analyze qualitative and quantitative data for decision-making

Track and validate remediation efforts

Understand compliance requirements impacting risk processes