- Doctoral Degree
- Master's Degree
- Leadership Experience
- Communication Skills
About the Job
Conduct independent validations and assessments of KeyBank’s high impact models in compliance with regulatory and KeyBank’s model validation policies and guidelines.
Essential Job Functions
Understand the conceptual framework and assumptions of models, quantitative methods, analytics, machine learning algorithms, and how those are used in the business decision-making process
Assess mathematical and technical considerations for assumptions, limitations, and performance used in models and quantitative methods.
Vet and verify implementation of models and quantitative methods to ensure intended use.
Assess adequacy of monitoring, maintenance, and documentation of models and quantitative methods.
Identify and escalate risks and issues identified, and effectively document the testing and conclusions.
Partner effectively with stakeholders (business line users, model developers, and management) to communicate risks and issues identified. Required Qualifications
PhD or Master’s degree in Mathematics, Computer Science, Statistics or other quantitative field.
1+ years of industry experience in model development or validation or quantitative models and methods, or other comparable experience.
Strong written and verbal communication skills
Working experience of SQL
Prior knowledge of one of the following scientific computing / statistical programming languages (Python, R, SAS, or Matlab)
Ability to work both independently and collaboratively with team members and internal stakeholders
0-3 years of modeling or model validation experience for models used in credit risk, market risk, or marketing.
Prior experience in Python or R programming languages
Prior experience of implementing machine learning models and methods, and designing tools to understand their risks and limitations
Leadership skills – ability to mentor junior team members
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.