KeyBank Ethics Program Analyst in Cleveland, Ohio
ABOUT THE JOB
The Ethics Program Analyst will provide research and analytical support to a team of risk professionals supporting Key’s Ethics Program. The person will provide specialized advice and consultation on current and emerging requirements related to regulations, laws, and rules affecting employee misconduct, as well as assist with the risk assessment process and control standards. The person will be responsible for monitoring and analysis of risk data, recommending mitigating actions, and leading risk projects as assigned, which address efforts to mitigate and discourage actions that may expose KeyCorp and its affiliates to regulatory, compliance, strategic or reputation risks through its business activities which should be consistent with KeyCorp's Compliance and Compliance Risk Policies and Program requirements.
ESSENTIAL JOB FUNCTIONS
Provides specialized advice on projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations: monitoring and surveillance activities; data gathering and analysis; evaluate metrics to determine potential trends; review of LOB policies and procedures; and quality assurance.
Identify, monitor, and resolve exceptions related to applicable Compliance Risk Systems (e.g., Event Collection, Governance Risk Compliance (GRC), etc.).
Continuously evaluate risks and controls. Work with the senior LOB leaders to identify gaps and inform solutions that minimize conflicts of interest. Follow through to ensure appropriate corrective action is taken to sufficiently address any gaps;
Evaluate the applicability of changes to regulations, laws, rules and help the LOB to implement solutions to come into compliance with the new requirements.
Identifies, responds and/or escalates risks as appropriate
Effectively and professionally interact with senior LOB managers, agency personnel, internal legal counsel, internal risk review personnel as well as other Compliance risk peers;
Serve as a SME on current and emerging rules and regulations for particular subject areas.
Assist with review of the line of business policies and procedures.
Assist with development and update of Enterprise Compliance Risk Procedures/Policies and program documentation.
Assist with internal and external audit, examination, regulatory inquiry and investigation requests for information. Also, assist in the evaluation of audit and examination findings, implementation of corrective action and needed responses;
Monitor and facilitate internal and external audit and exam management routines to help ensure adequate preparation and expected outcomes.
Provide support and process maintenance to help ensure highly effective communication practices are in place with key business partners, within risk management, across the corporation and with regulatory agencies.
Conducts review and challenge activities and escalation, including independent testing as required.
An Undergraduate degree is required, advanced degree/s desired and would be a plus
Minimum of 2-5 years of relevant industry and professional experience
Extensive knowledge area of expertise along with the associated operations including the related rules and regulations of the financial services industry to include: OCC, FRB, State Law and other pertinent regulations.
In-depth practical knowledge of internal controls, risk assessments and compliance and compliance processes, and applicable techniques for implementation of regulatory, compliance and legal requirements and compliance processes.
Has high ethical standards
Proficient in Microsoft Office tools such as Excel, Access, and the proven ability to learn how to use other unique technologies
Candidate must possess the wherewithal and flexibility to undertake new functions/tasks as the Compliance Risk and line of business evolves and grows
Proven ability to work in a team environment
Sound decision-making skills; able to make decisions independently
Solid written and communication skills
Sound understanding of compliance risks
Understanding of internal control frameworks
Strong research skills coupled with strong problem solving/analytical skills and ability to effectively summarize findings
Organizational skills and attention to detail
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
ABOUT THE BUSINESS:
Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.
FLSA STATUS: Exempt
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.