Head of Capital Oversight

KeyBank • Chicago, IL

1d • Hybrid

About The Position

The Market & Treasury Risk Management (MTRM) team, under the guidance of the Chief Market & Treasury Risk Officer, within the Risk Management organization is responsible for the second line of defense independent risk management for the market risk (banking book and trading book), liquidity risk and capital. MTRM oversees interest rate risk (IRR), liquidity risk, investment portfolio, derivatives hedging portfolio, and capital management activities. The team performs a broad range of analysis and provides independent perspective for business activities and strategies. The individual in this role will report to the Sr. Director – Head of Capital and Liquidity Risk Oversight. The incumbent is responsible for providing leadership, governance, and independent oversight of the firm’s capital adequacy, capital planning, stress testing, risk weighted assets (RWA) and capital risk management activities. This role ensures compliance with regulatory expectations while supporting safe and sound balance sheet and capital management. The incumbent is expected to lead initiatives, guide associates that perform a broad range of analysis to support and be the subject‑matter expert in capital management. The Quantitative Analytics Manager leverages finance and risk management expertise combined with advanced mathematical knowledge, analysis, partnerships, and business knowledge to provide solutions to predictive and prescriptive questions such as “What will happen next?” and “What will we do?”. Projects undertaken by the Quant Analytics Manger are often broad in scope across multiple business segments and/or risk disciplines and involve guiding a team and/or project through providing solutions to business problems leveraging statistics, best practices or emerging techniques, and quantitative tools / techniques. Success factors include: Demonstrating leadership through strong communication skills, addressing conflict, coaching others on developing technical skills; managing competing priorities and presenting holistic, thoughtful analyses to answer partners’ problem statements; prioritizing multiple projects and managing to tight deadlines; establishing reputation as an effective and collaborative partner; Communicating technical theories, observations, and models to a non-technical audience; Leveraging knowledge of strategy, business, and competition to connect day-to-day work of team to the “bigger picture” and driving efficiency in solution delivery.

Requirements

• Master’s degree (or its equivalent) in finance, accounting, statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 5 years of relevant experience; or Bachelor’s degree (or its equivalent) in finance, accounting statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 6 years of relevant experience
• Demonstrated leadership; may have direct reports; Assumes accountability for their work; Sought out for advice; Proactively coaches and guides the work of others; Manages the integration of activities typically within own team; Demonstrates executive presence; Offers an opinion, contributes to the conversation
• Demonstrated ability to engage and partner at mid to senior leadership levels; Established reputation and track record as an effective and collaborative partner; Coaches and develops relationship building skills in others; Demonstrates managerial courage; willing to dissent from others; leverages organizational and professional savvy and persuasive skills to influence others
• Understands LOB and KeyCorp strategy; Leverages knowledge of our competition and the business to anticipate needs and make recommendations; Understands how business works; Contributes materially to LOB strategy
• Critical thinker: able to anticipate business partner needs; Sees the “bigger picture”; Advises leaders to make informed decisions based on keen critical thinking and problem-solving ability; Sought out for perspective and guidance with tackling challenges; Can make decisions; considers longer term business strategy in recommending solutions
• Excellent writing skills; develops writing skills in others; Recognizes the need to deliver the right message at the right tie through the right channel; Articulates the broad implications / impact of the message; Anticipates and addresses conflict; Addresses challenging situations; does not shy away from a tough conversation; Strong presentation development; can coach and guide others to get to the appropriate level of detail and send an effective message; Comfortable presenting to senior levels, easily adapts / changes course, presents with confidence; Demonstrates executive presence
• Understanding of: Best practices for capturing / retaining data Pros / Cons of competing analysis methods
• Advanced Microsoft Office Suite
• SQL/NoSQL Relationship data structure
• Selecting and retrieving data including unstructured data retrieval, archival, and ETL Databases
• Advanced Python/R/SAS: Databases Efficient coding Can build strong code controls and translate code into high-level commentary
• Understanding of and ability to leverage: Cloud-based computing Distributed computing
• Ability to: Establish standards and best practices; forecast future modeling tools / techniques
• Identify, employ, and evangelize emerging techniques from industry / research
• Coach others on data modeling methods / techniques
• Facilitate sessions for complex data models
• Assess and understand risks; contingency plans
• Communicate observations to senior executives
• Translate technical observations to a non-technical audience

Responsibilities

• Provide independent oversight of the firm’s capital management framework, ensuring alignment with regulatory requirements and internal risk appetite.
• Oversee capital adequacy assessments, capital forecasting, and capital buffer management across baseline and stress scenarios.
• Assess the robustness of capital methodologies, assumptions, limitations, and controls related to stress testing, CCAR, and internal capital processes.
• Lead oversight of the firm’s regulatory and internal stress-testing programs, including CCAR and enterprise stress tests.
• Review stress-testing scenarios, capital actions, projections, and key outputs to ensure they are well-supported, reasonable, and regulator-ready.
• Provide effective challenge to stress-testing assumptions, scenarios, and sensitivities, partnering with other risk disciplines as needed.
• Oversee governance and monitoring of RWA calculations, drivers, and trends across business lines.
• Review RWA methodologies and changes related to regulatory updates or business changes.
• Directly manage and develop a team of capital oversight professionals, providing coaching, performance management, and career development.
• Set clear objectives, prioritize initiatives, and ensure high-quality deliverables across the team.
• Partner with Finance, Treasury, Model Risk, Credit Risk, Enterprise Risk, and senior management to drive strong capital governance.
• Prepare and present capital oversight materials to senior management and internal governance committees.
• Interact with regulators on capital-related matters, including examinations, inquiries, and ongoing supervision.

Benefits

• Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
• Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees