Risk Analyst II

Overview

Location: 4224 Ridge Lea Road, Amherst New York

Job Summary

This is a position within the Consumer Credit Risk Management organization. This position is primarily responsible for identification, measurement, and management of credit risk; development, implementation, and monitoring of sustainable controls as relates to risk management policies and programs. Additional responsibilities include providing risk insights on current and emerging risks impacting Consumer Credit Products, promoting accountability for the awareness and management of risk, and coordinating the management and escalation of issues.

This position will also engage with First Line of Defense and Third Line of Defense business partners.

• Using advanced analytics, identify and escalate credit risk insights for consumer credit products; leverage insights related to emerging, concentration, and layered risk of new originations and existing portfolio asset quality.
• Understand the full life cycle of consumer credit products with respect to risk appetite positions at account and relationship levels.
• Understand risk management requirements for new business/product initiatives, product/process changes, losses, regulatory changes/guidance and third-party activities.
• Develop and prepare related risk reporting in support of business risk priority and review cadence, and prepare ad-hoc reporting for line of business and team members to facilitate senior and executive management reporting and status updates, as needed.
• Build and sustain positive working relationships with First Line of Defense business units, in conjunction with developing an understanding of the business and strategic objectives of those units.

• College degree or equivalent work experience with emphasis on business and risk management.
• Minimum 2 or more years of banking industry knowledge with experience in one or more of the following: credit risk, compliance, audit; or consumer credit lending lines of business.
• Proficient use of SAS or similar coding application, and Microsoft Office suite of applications.
• Strong organization skills and ability to manage multiple high-level projects and competing priorities with little supervision.
• Demonstrated ability to be self-motivated, build and manage relationships, and work in a dynamic, fast paced team environment.
• Proven analytical and problem-solving skills, decision making and ability to drive continuous improvement.
• Understanding of Consumer Lending Products: businesses and processes, plus related federal laws, regulations and guidance.
• Demonstrate teamwork and accountability with strong interpersonal skills and the ability to interact effectively with external and internal clients including executive managers, along with building and sustaining collaborative relationships.
• Solid written and communication skills with ability to “sell” difficult/complex concepts.

• Bachelor's Degree (preferred)
• OR equivalent experience (required)

• Apply statistical and trend analysis techniques to risk data.
• Use Power Query, complex formulas, and automation for reporting.
• Evaluate adequacy of internal controls and identify risk exposures.
• Enhance processes for compliance and risk mitigation.
• Understand enterprise risk frameworks and governance.
• Create dashboards and reports for management.
• Present findings clearly to stakeholders.
• Partner with Line of Business teams to manage risks.
• Analyze qualitative and quantitative data for decision-making.
• Track and validate remediation efforts.
• Understand compliance requirements impacting risk processes.
• Recommend enhancements to risk and control processes.

• All Key Bank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies.

• General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

• Occasional travel to include overnight stay.

• Ability to occasionally operate a motor vehicle with a valid…