KeyBank
Risk Analyst III - Operational Risk
KeyBank, Cleveland, OH
Location:
127 Public Square - Cleveland, Ohio 44114
Administer the operational event data collection process and related database. Conduct quality review of the data and provide guidance for reporters. Have a good understanding of process, risks and controls to provide support for External Operational Events review as well as support Metrics oversight. Be able to review and provide data for operational risk management and modeling, as well as regulatory and consortium reporting. Collect and review information for tolerance reporting. Maintain hierarchies, category frameworks and other information required for reporting.
Job Description:
Required Qualifications:
Preferred Qualifications:
Job Posting Expiration Date: 11/08/2024
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
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_C[redacted].
127 Public Square - Cleveland, Ohio 44114
Administer the operational event data collection process and related database. Conduct quality review of the data and provide guidance for reporters. Have a good understanding of process, risks and controls to provide support for External Operational Events review as well as support Metrics oversight. Be able to review and provide data for operational risk management and modeling, as well as regulatory and consortium reporting. Collect and review information for tolerance reporting. Maintain hierarchies, category frameworks and other information required for reporting.
Job Description:
- Conduct root cause analysis of risk events occurring externally on a monthly basis.
- Assist with conducting Risk Metrics review with stakeholders for annual certification by collecting information from Governance Risk & Compliance (GRC) and ensuring updates are made after approvals.
- Manage the data collection process and maintain standards and procedures established by the Basel II Advanced Measurement Approach (AMA) requirements. Continue to identify sources of and processes to collect Operational Loss Events, Near Misses, Operational Exposures, Credit Boundary Events and Reportable Loss Events for Governance Escalations.
- Work with data providers including Fraud, Legal, Insurance and Workers Compensation as well as business reviewers for events originated by other areas to ensure data quality and provide guidance and training for the collection process and GRC.
- Maintain various organizational hierarchies, as well as various category frameworks such as risk type, product, process and cause, for reporting requirements.
- Prepare reports using operational loss event data including quarterly Operational Risk Committee (ORC) report.
- Prepare quarterly tasks such as, tolerance metrics, OCC Reporting (Losses by Basel Categories and Gross Operational losses), FRB Operating Loss Forecasting, Economic Capital, and reporting to the Federal Reserve (PPNR and FR Y-14).
- Partner with business representatives, regulators and industry participants to provide information regarding operational risk and event collection.
- Work with GRC support staff for timely updates and maintenance used to process and report loss data including general ledger and hierarchy processing, and event creation and reporting.
Required Qualifications:
- Ability to multi-task and work in a fast-paced, changing environment.
- Bachelor's degree in risk management or a business-related field.
- Ability to work in cross-functional groups and build strong relationships with business partners.
- Working knowledge of Tableau, Microsoft Office tools (Word, Excel, PowerPoint) and proven ability to learn how to use other unique technologies.
- Familiarity with at least one industry standard GRC tools.
Preferred Qualifications:
- 3-5 years of work experience in financial services risk management or related role.
- Understanding of bank processes, organizational structure, and financial systems.
- Advanced Excel and PowerPoint skills
- Working knowledge of Basel II AMA requirements for operational risk.
Job Posting Expiration Date: 11/08/2024
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
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_C[redacted].