Quant Analytics Assoc - Model Risk - Careers at KeyBank
KeyBank
Quant Analytics Assoc - Model Risk - Careers at KeyBank
Job Description
About KeyBank
KeyBank is a leading national bank committed to helping communities thrive. Headquartered in Cleveland, Ohio, we deliver innovative banking solutions with a focus on client success. Join our dynamic team and contribute to financial excellence in risk management and quantitative analytics.
Position Summary
The Quant Analytics Associate - Model Risk role at KeyBank involves independent validation and review of bank risk models under supervision. Ensure models for Fraud Risk, Compliance Risk (AML, OFAC), Credit Risk (CECL), Market Risk, Treasury, and Liquidity Risk function properly, comply with regulations, and accurately identify risks. Located at 127 Public Square, Cleveland, Ohio, this full-time position offers a base salary of $68,000 - $103,000 annually plus incentives.
Key Responsibilities
- Conduct hands-on model validation: test conceptual soundness, data accuracy, methodology, and performance using back-testing, benchmarking, sensitivity analysis, and stress testing.
- Challenge models to confirm robustness and justify assumptions/limitations.
- Present findings and observations to developers/owners for actionable remediations.
- Author detailed validation reports and memos outlining approach, findings, and conclusions.
Required Qualifications
- Bachelor’s degree in statistics, mathematics, economics, financial engineering, data sciences, or quantitative field.
- 1+ year analytics/modeling experience or relevant graduate degree.
- Expertise in data handling, transformations, cleaning, statistical testing, and root-cause analysis.
- Experience with traditional/AI/ML models for risk prediction (fraud, AML, etc.).
- Proficiency in Python, R, SQL, or SAS.
- Strong communication skills for technical and non-technical audiences.
Expected Competencies: Developing leadership, partnering skills, business acumen, critical thinking, and clear communication.
Why Join Us
At KeyBank, enjoy competitive pay ($68K-$103K base + incentives), comprehensive benefits, flexible workspaces, and career growth in quantitative finance. Be part of an inclusive, equal opportunity employer fostering innovation in banking risk models. Apply now for this mid-level opportunity in Cleveland, OH. Job posting expires 02/08/2026.
Locations
- Cleveland, Ohio, United States
Salary
68,000 - 103,000 USD / yearly
68,000 - 103,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Pythonintermediate
- Rintermediate
- SQLintermediate
- SASintermediate
- Statistical Testingintermediate
- Data Cleaningintermediate
- AI/ML Modelingintermediate
- Root-Cause Analysisintermediate
- Back-Testingintermediate
- Sensitivity Analysisintermediate
Required Qualifications
- Bachelor’s degree in statistics, mathematics, economics, financial engineering, data sciences, or related quantitative discipline (experience)
- One year of relevant analytics or modeling experience, or graduate degree in related field (experience)
- Experience in traditional and AI/ML model development or validation (experience)
- Proficiency in programming languages such as Python, R, SQL or SAS (experience)
- Excellent written and verbal communication skills (experience)
Responsibilities
- Perform hands-on quantitative model validation/review including testing conceptual soundness, data accuracy, methodology, and performance via back-testing, benchmarking, sensitivity analysis, stress testing
- Provide effective challenge to ensure models are robust and assumptions justified
- Present findings, weaknesses, and observations to model developers/owners for remediation
- Prepare detailed validation reports and memos documenting approach, findings, and conclusions
Benefits
- general: Base salary range $68,000 - $103,000 annually
- general: Eligibility for incentive compensation including production, commission, and/or discretionary incentives
- general: Comprehensive benefits package (view details at KeyBank benefits page)
- general: Flexible workspace options prioritizing in-office presence
Tags & Categories
Answer 10 quick questions to check your fit for Quant Analytics Assoc - Model Risk - Careers at KeyBank @ KeyBank.
Related Books and Jobs
Quant Analytics Assoc - Model Risk - Careers at KeyBank
KeyBank
Quant Analytics Assoc - Model Risk - Careers at KeyBank
Job Description
About KeyBank
KeyBank is a leading national bank committed to helping communities thrive. Headquartered in Cleveland, Ohio, we deliver innovative banking solutions with a focus on client success. Join our dynamic team and contribute to financial excellence in risk management and quantitative analytics.
Position Summary
The Quant Analytics Associate - Model Risk role at KeyBank involves independent validation and review of bank risk models under supervision. Ensure models for Fraud Risk, Compliance Risk (AML, OFAC), Credit Risk (CECL), Market Risk, Treasury, and Liquidity Risk function properly, comply with regulations, and accurately identify risks. Located at 127 Public Square, Cleveland, Ohio, this full-time position offers a base salary of $68,000 - $103,000 annually plus incentives.
Key Responsibilities
- Conduct hands-on model validation: test conceptual soundness, data accuracy, methodology, and performance using back-testing, benchmarking, sensitivity analysis, and stress testing.
- Challenge models to confirm robustness and justify assumptions/limitations.
- Present findings and observations to developers/owners for actionable remediations.
- Author detailed validation reports and memos outlining approach, findings, and conclusions.
Required Qualifications
- Bachelor’s degree in statistics, mathematics, economics, financial engineering, data sciences, or quantitative field.
- 1+ year analytics/modeling experience or relevant graduate degree.
- Expertise in data handling, transformations, cleaning, statistical testing, and root-cause analysis.
- Experience with traditional/AI/ML models for risk prediction (fraud, AML, etc.).
- Proficiency in Python, R, SQL, or SAS.
- Strong communication skills for technical and non-technical audiences.
Expected Competencies: Developing leadership, partnering skills, business acumen, critical thinking, and clear communication.
Why Join Us
At KeyBank, enjoy competitive pay ($68K-$103K base + incentives), comprehensive benefits, flexible workspaces, and career growth in quantitative finance. Be part of an inclusive, equal opportunity employer fostering innovation in banking risk models. Apply now for this mid-level opportunity in Cleveland, OH. Job posting expires 02/08/2026.
Locations
- Cleveland, Ohio, United States
Salary
68,000 - 103,000 USD / yearly
68,000 - 103,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Pythonintermediate
- Rintermediate
- SQLintermediate
- SASintermediate
- Statistical Testingintermediate
- Data Cleaningintermediate
- AI/ML Modelingintermediate
- Root-Cause Analysisintermediate
- Back-Testingintermediate
- Sensitivity Analysisintermediate
Required Qualifications
- Bachelor’s degree in statistics, mathematics, economics, financial engineering, data sciences, or related quantitative discipline (experience)
- One year of relevant analytics or modeling experience, or graduate degree in related field (experience)
- Experience in traditional and AI/ML model development or validation (experience)
- Proficiency in programming languages such as Python, R, SQL or SAS (experience)
- Excellent written and verbal communication skills (experience)
Responsibilities
- Perform hands-on quantitative model validation/review including testing conceptual soundness, data accuracy, methodology, and performance via back-testing, benchmarking, sensitivity analysis, stress testing
- Provide effective challenge to ensure models are robust and assumptions justified
- Present findings, weaknesses, and observations to model developers/owners for remediation
- Prepare detailed validation reports and memos documenting approach, findings, and conclusions
Benefits
- general: Base salary range $68,000 - $103,000 annually
- general: Eligibility for incentive compensation including production, commission, and/or discretionary incentives
- general: Comprehensive benefits package (view details at KeyBank benefits page)
- general: Flexible workspace options prioritizing in-office presence
Tags & Categories
Answer 10 quick questions to check your fit for Quant Analytics Assoc - Model Risk - Careers at KeyBank @ KeyBank.
Related Books and Jobs