The Risk Analyst for Public Entities Compliance and Control is responsible for assisting the Public Entities Compliance Officer in the ongoing development and implementation of the compliance programs for dealing with public entities. The position is responsible for research and analysis of current and emerging legal and regulatory compliance requirements as they relate to political law issues including gifts and entertainment to public officials, procurement lobbying, legislative lobbying, pay-to-play, conflicts of interest, and political activity including rules related to Political Action Committees (PACs). The position will help design and implement programs for compliance with those laws. The qualified candidate must be able to work independently, meet deadlines in a short time frame, multitask, and use sound judgment taking into consideration compliance risk tolerances of the Corporate Bank and KeyCorp.
ESSENTIAL JOB FUNCTIONS
The Compliance Analyst must have the ability to interact with a wide range of Key employees at all levels within the organization; Conduct research and create survey questions to determine whether employees may provide gifts and entertainment to public officials. Perform annual review of gifts and entertainment laws and procurement lobbying laws to determine if the law has changed. Act as a backup to the Public Entities Compliance Manager. Oversee Control Testing and conduct Compliance Monitoring of established controls. Advise employees related to Public Entities policies and procedures including gifts and entertainment, political activity, and procurement lobbying. Utilize good judgment in analyzing and escalating; Track issues to resolution; Assist in the development of, production and maintenance of management reports using basic programming techniques in Excel and various other systems; Assist with maintaining internal policies and procedures including updating and drafting training and policy materials as needed, and supporting and leading various ad hoc projects; Provide support on special projects and compliance oversight tasks relating to banking areas and enterprise-wide compliance topics, as assigned.
J.D. and 1-5 years of experience
Excellent oral and written communication skills as well as excellent interpersonal skills.
Excellent organizational and time management abilities.
Must demonstrate flexibility, sound judgment, and the ability to multi-task while managing competing priorities, workload and resources in a fast moving environment.
Attention to detail and accuracy Ability to develop an understanding of federal, state and industry regulations.
Proven ability to effectively communicate both orally and in writing.
Solid analytical and problem solving skills and the use of good judgment.
Has a high ethical standard and ability to maintain confidentiality
Strong problem solving and analytical skills and the ability to effectively summarize findings.
Prior government experience
Prior experience with procurement lobbying laws, gifts and entertainment laws, or political activity laws
Experience existing automated solutions to business processes.
Project management experience a plus.
Position reports directly to the Key Corporate Bank Public Entities Compliance Officer and works collaboratively with all members of the Risk Management Team’s Compliance and Control team.
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.
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.