Compliance Associate Risk Evaluation Assurance Program
Compliance Associate Risk Evaluation Assurance Program
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Location:
For Those Who Work At Home Various Ohio 44144About the Job
As part of Keys second line of defense Compliance Risk Management function the Risk Evaluation and Assurance Program (the REA Program) has the responsibility for evaluating Keys ongoing compliance with applicable laws and regulations through the of compliance monitoring and testing across Keys lines of business products and functional activities. Individuals in this role assist in the design and of testing and continuous monitoring to evaluate Keys compliance with regulatory requirements. Individuals work both autonomously on assignments and in collaboration with other members of REA team on projects and testing. The ideal candidate has a functional knowledge of consumer finance laws and regulation experience in testing/auditing and a passion for continuous learning and challenging the status quo.
Essential Job Functions
- Serve on a team of risk evaluation and assurance professionals working to provide an independent Second Line of Defense approach to riskbased monitoring and evaluation by focusing on current high impact compliance risks developing assessments and providing input over control effectiveness through formal reporting as well as monitoring remediation activities.
- Work independently and with a team on riskbased monitoring and evaluation activities including risk assessment monitoring and testing analysis of findings and reporting to ensure effective sustainable risk management processes exist.
- Develop and demonstrate a working knowledge of applicable banking/consumer compliance regulations and laws industry trends emerging issues and related banking products (e.g. lending deposits etc. and ability to understand its applicability to risk management strategies including the scoping of risk evaluations monitoring and design of testing plans.
- Utilize data analysis tools and techniques to analyze quantify and/or assess risks and to evaluate controls to identify potential weaknesses and/or control gaps.
- Clearly document the results or conclusions for testing performed in concise management reports and provide heightened awareness around significant risks and proactive identification escalation and remediation of control weaknesses or gaps.
- Review policies and procedures and associated compliance and compliance risk programs to ensure consistency with current applicable banking and securities rules regulations and laws.
- Develop and maintain strong collaborative relationships with mid to senior level management other internal clients and peers and Audit.
Required Qualifications
- Education/Background: Bachelors degree
- 3 to 5 years of banking experience working in first second or third line of defense with experience working with compliance risk management or audit.
- Demonstrated skill in effectively communicating (verbal and written) results to a diverse audience; ability to work with all levels of management with a focus on collaboration and relationship management.
- Strong interpersonal skills; ability to work well in a team environment.
- High ethical standards strong critical thinking detective analytical and problemsolving skills.
- Autonomous selfmotivated and flexible with the ability to adapt quickly to change or shifting priorities in a fastpaced environment.
Preferred Qualifications
- Experience with 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..
- Comprehensive knowledge of the operational technical and functional structure of financial services organizations banking systems and compliance programs.
- Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $65000 to $80000 annually depending on location and jobrelated factors such as level of experience. Compensation for this role also includes eligibility for shortterm incentive compensation and deferred incentive compensation subject to individual and company performance.
Please click here for a list of benefits for which this position is eligible.
Key has implemented a rolebased Mobile by Design approach to our employee workspaces dedicating space to those whose roles require specific workspaces while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result this role may be Mobile or Homebased which means you may work primarily either at a home office or in a Key facility to perform your job duties.
Job Posting Expiration Date: 04/10/2025KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or other protected category.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing .
#LIRemote
Required Experience:
IC
Employment Type
Full-Time
