KeyBank Compliance Associate - Risk Evaluation & Assurance in Cleveland, Ohio
Compliance Associate - Risk Evaluation & AssuranceinCleveland, OHatKeyBank - Branch
Date Posted: 10/17/2020
Employee Type: Full-Time
Location: 127 Public Square Cleveland, OH
Date Posted: 10/17/2020
Headquartered in Cleveland, Ohio, KeyCorp (Key) is one of the nation s largest financial services companies. Key provides investment management, retail and commercial banking, consumer finance and investment banking products to individuals and companies throughout the United States and, for certain businesses, internationally.
Our goal is to be the best regional bank in the U.S. What that means is we put our clients needs first and take a customized approach to meeting those needs. At Key we ve made a promise to our clients that they will always have a champion in us. To deliver on that promise, we re committed to building a team of engaged employees who do the right thing for our clients and help them achieve their financial goals each and every day.
Essential Job Functions
Serve on a team of risk evaluation and assurance professionals, working to provide an independent Second Line of Defense approach to risk-based monitoring and evaluation by focusing on current, high impact compliance risks, developing assessments, and providing input over control effectiveness through formal reporting, as well as monitoring remediation activities.
Work independently and with a team on 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.
Demonstrate a working knowledge of applicable banking/consumer compliance regulations and laws, industry trends, emerging issues, and related banking products (e.g. – lending, deposits, etc.) 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 analyze, quantify, and/or assess risks and to evaluate controls to identify potential weaknesses and/or control gaps.
Clearly document the results or conclusions for testing performed in concise management reports and provide heightened awareness around significant risks and proactive identification, escalation, and remediation of control weaknesses or gaps.
Review policies and procedures and associated compliance and compliance risk programs to ensure consistency with current applicable banking and securities rules, regulations, and laws.
Identify and provide process improvement opportunities and future-state control advisory services.
Develop and maintain strong, collaborative relationships with mid to senior level management, other internal clients and peers, and Audit.
Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and compliance 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.
Education/Background: Bachelor's degree,
3 to 5+ years of compliance, risk management, and/or audit experience with a strong focus on risks and controls and risk-based auditing techniques.
Practical working knowledge of financial services compliance and operations including the related rules and regulations of the financial services industry to include: OCC, FRB, CFPB, 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.
Currently maintains or actively pursuing industry relevant professional certifications in risk management and/or compliance (e.g. – Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), etc.)
Comprehensive knowledge of the operational, technical and functional structure of financial services organizations, banking systems, and compliance programs.
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.