Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $87 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices; a network of 1,576 ATMs; telephone banking centers 800-KEY2YOU® (800-539-2968); and a website, Key.com®, that provides account access and financial products 24 hours a day.
About the Business
About the Job
As a member of Key's Corporate Treasury Group, this position directly contributes to Key's Capital Adequacy and Stress Testing Process.
Essential Job Functions
Coordinate the activities of various teams from Risk Management, Finance and Key's Line of Businesses that contribute to the capital adequacy process.
Prepare analyses for management that clearly and thoroughly provide important information and insight on the adequacy of Key's capital position.
Plan, coordinate, compile and write portions of Key's annual Capital Plan submission to the Federal Reserve. Support process to report results of Key's stress tests externally as mandated from Dodd-Frank.
Analyze and provide alternatives to management on capital planning of capital actions, including dividends, share repurchases and capital issuances.
Work closely with Key's regulators and internal auditors to provide information that facilitates their oversight of Key's process and capital position. Develop and implement process changes that respond to regulatory guidance and directives.
Develop strong understanding of regulations and guidance regarding capital management and capital adequacy. Analyze emerging regulatory issues and proposals to apprise and advise management of their potential impact.
Develop strong working knowledge of the primary components of the capital adequacy process including economic drivers, loan loss models, noninterest income and expense models, idiosyncratic risks, balance sheet and net interest income models, governance and policies.
Identify and contribute to opportunities to automate process to improve efficiency and create the capacity to enhance analytical work.
Present results and capital adequacy recommendations to management.
Develop documentation on processes, policies and procedures that clearly and comprehensively explain Key's capital adequacy process to various constituencies including regulators, auditors, management and new internal participants.
- Strong financial analytical skills
- Strong corporate finance acumen
- Strong technical writing skills
- Strong knowledge of banking and financial services industry
- Process mapping and management skills
- Proficient in MS Office products
- Capable with end user computing
- Effectively operate in a team environment
- Able to adapt with changing priorities as situation warrants
- Undergraduate degree in Finance, Accounting, Economics, Operations Research
- MBA preferred
- Related experience of 5+ years.
- Previous work experience in a finance, treasury or risk management function/organization
Careers at Key
KeyCorp is an Equal Opportunity Employer M/F/D/V
Financial services giant KeyCorp unlocks its customers' monetary potential. With a focus on retail operations, flagship subsidiary...