Operational Risk Analyst V Third Party Management
KeyBank
NY, United States
$80,000 – $150,000
Full TimeHybridSenior-LevelOperations
The Operational Risk Analyst V- Third Party Management ensures Key’s third party program management aligns with regulatory guidance and is consistent with KeyCorp's Operational Risk Policy and Third Party Management Policy.
Responsibilities
- Provide Second Line of Defense third party management expertise and support to Risk Management and Corporate Procurement programs.
- Demonstrate proficient knowledge of applicable third party regulatory guidance (OCC, FRB, CFPB, and FFIEC), industry trends, and emerging issues.
- Design and execute an independent Second Line of Defense approach to risk-based monitoring and evaluation.
- Develop assessments and provide input over Third Party risk identification and control effectiveness through formal reporting.
- Utilize knowledge of data analysis tools and techniques to analyze, quantify, and/or assess risks and to evaluate controls to identify potential weaknesses and/or control gaps in the third party management program.
- Clearly document the results or conclusions for testing performed in concise management reports.
- Effectively and professionally interact with senior management, regulatory agency personnel, internal legal counsel, internal risk review (audit) personnel as well as risk management peers.
- Provide specialized authoritative advice and consultation on current and emerging third party regulatory risks.
Skills & Qualifications
- Proficient in third party regulatory guidance (OCC, FRB, CFPB, and FFIEC)
- Knowledge of data analysis tools and techniques including advanced concepts of Microsoft Word, Excel, and PowerPoint and/or other analytical software (e.g. – SAS, Tableau, ACL, etc.)
Experience
- 5+ years of risk management, and/or audit experience with a strong focus on risks and controls and risk-based auditing techniques.
- Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.
Education
- Bachelor's degree, advanced degree/s desired
Benefits
- Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives
- Please click here for a list of benefits for which this position is eligible