KeyBank
Overview
Model Risk Quant Analytics Manager at KeyBank. Location: 100 Public Square - Cleveland, Ohio 44113. The role leads validation efforts across market risk, IRRBB, and liquidity models, strengthening the bank’s risk framework and driving AI/ML-enabled innovation. In today’s environment of heightened rate volatility and uncertain monetary policy, accurate modeling of customer behavior (e.g., deposit stickiness, loan prepayments, and product repricing) is essential for managing interest rate risk and preserving profitability.
Key Responsibilities
Market Risk & Derivatives Models: Validate models across trading desks, ensuring alignment with regulatory standards and internal risk frameworks; focus on pricing accuracy for vanilla and exotic derivatives.
IRRBB Modeling: Lead validation of IRRBB models, addressing rate volatility and behavioral modeling complexities; enhance model governance and scenario analysis.
Liquidity Risk Models: Oversee validation of liquidity models used for stress testing and funding risk, ensuring resilience under adverse conditions.
AI/ML Innovation: Explore and apply AI/ML techniques to develop challenger models and improve validation efficiency and model performance.
Qualifications
Deep expertise in market risk, stochastic modeling, and IRRBB frameworks
Strong understanding of behavioral assumptions and hedging strategies
Experience with platforms like Calypso, QRM, Bloomberg
Proven ability to lead cross-functional teams and communicate complex concepts clearly
Required Qualifications
Master’s degree in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 5 years of relevant experience; or Bachelor’s degree in similar fields and at least 6 years of relevant experience
Compensation And Benefits This position is eligible to earn a base salary in the range of $135,000 to $145,000 annually, depending on location and experience. Compensation includes eligibility for short-term incentive compensation and deferred incentive compensation subject to performance.
Please view the list of benefits for which this position is eligible.
Equal Employment Opportunity KeyCorp is an Equal Opportunity Employer committed to 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. Individuals with disabilities or disabled veterans who are unable to or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
Job postings are subject to expiration and may be removed at any time.
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Key Responsibilities
Market Risk & Derivatives Models: Validate models across trading desks, ensuring alignment with regulatory standards and internal risk frameworks; focus on pricing accuracy for vanilla and exotic derivatives.
IRRBB Modeling: Lead validation of IRRBB models, addressing rate volatility and behavioral modeling complexities; enhance model governance and scenario analysis.
Liquidity Risk Models: Oversee validation of liquidity models used for stress testing and funding risk, ensuring resilience under adverse conditions.
AI/ML Innovation: Explore and apply AI/ML techniques to develop challenger models and improve validation efficiency and model performance.
Qualifications
Deep expertise in market risk, stochastic modeling, and IRRBB frameworks
Strong understanding of behavioral assumptions and hedging strategies
Experience with platforms like Calypso, QRM, Bloomberg
Proven ability to lead cross-functional teams and communicate complex concepts clearly
Required Qualifications
Master’s degree in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 5 years of relevant experience; or Bachelor’s degree in similar fields and at least 6 years of relevant experience
Compensation And Benefits This position is eligible to earn a base salary in the range of $135,000 to $145,000 annually, depending on location and experience. Compensation includes eligibility for short-term incentive compensation and deferred incentive compensation subject to performance.
Please view the list of benefits for which this position is eligible.
Equal Employment Opportunity KeyCorp is an Equal Opportunity Employer committed to 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. Individuals with disabilities or disabled veterans who are unable to or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
Job postings are subject to expiration and may be removed at any time.
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