Enterprise Risk Management Policy and Governance Risk Analyst

Location:

127 Public Square - Cleveland, Ohio 44114

The Enterprise Risk Management (ERM) Policy and Governance Risk Analyst will effectively aid in administration of KeyCorp’s Policy Governance Policy, Charter Content and Committee Management Standard, and provide support in administering Risk Governance Committees.  The Analyst will act as a trusted advisor to those managing the content and administration of risk policies including capital, compliance, credit, liquidity, market (including treasury/interest rate), model, operational, reputation, strategic and technology risk policies.  The analyst will assist in promoting policy governance and ensuring Key’s risk policies are in alignment with risk appetite and regulatory requirements. The analyst will assist in ensuring standardized governance processes for Risk Governance Committees, including charter content, approval activities, and facilitating escalation of appropriate content to Enterprise Risk Management Committee and Board / Board Committee(s).

Lead and/or contribute to Risk Management projects and initiatives utilizing breadth of industry insights and institutional knowledge.

Essential Job Functions

• Ensure awareness of and adherence to the Policy Governance Policy
• Act as a trusted advisor to policy owners, managers and administrators regarding policy and committee charter development, review and revision, approval and communication
• Support administration of the Enterprise Risk Management (ERM) Policy & Program and create clear linkages between ERM Policy and other risk policies
• Support planning and administration of the Enterprise Risk Management (ERM) Committee & Board Risk Committee as necessary
• Provide strategic oversight to the development and enhancement of risk policies and committee charters to ensure consistency with business strategy, risk appetite and regulatory expectations
• Supply necessary and appropriate information and materials in response to regulatory and audit reviews / examinations, and internal control testing
• Conduct gap analysis of Key’s Risk Management practices to existing or proposed regulations / guidance
• Assist in the annual review of Risk Governance Committee Charters
• Assist in maintaining Risk Policy Inventory to ensure real time catalog of the status of all risk policies
• Assist in annual Risk Policy Certification relative to the Policy Governance Policy
• Administer periodic Level II Risk Governance Committee Self-Assessments and report on results
• Facilitate Risk Management (2nd Line of Defense) review and challenge of Policies and Programs owned by the 1st Line of Defense and the KeyCorp Resolution Plan
• Assist in control testing for certain policy & governance related controls

Competencies / Skills

• Ability to work independently and interface with senior management, line of business partners, regulators and other stakeholders
• Strong business acumen with the ability to identify and consider implications of policy and governance changes
• Ability to conduct research, synthesize findings and independently formulate approval ready recommendations
• Proven ability to take initiative and anticipate needs; work independently on complex matters with minimal direction
• Excellent communication skills.  Strong ability to formulate thoughtful probing questions, articulate proposed policy changes/development and provide final written policies and related communications
• Strong results orientations.  Excellent follow through and ability to prompt decisions and generate results through others
• Strategic thinker with detail orientation
• Fluent user of Archer Governance Risk & Compliance (GRC) (related to risks, controls, findings, and remediation plans)

Required Qualifications

• Undergraduate degree in a business discipline or related field of study
• Minimum 5 years work experience in a policy, governance or regulatory related capacity

Preferred Qualifications

• MBA Preferred
• Demonstrated competency with financial regulations
• Experience with paralegal work and/or corporate governance
• Solid working knowledge of the organization, lines of business, support partners, business processes and operations

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $85,000 to $110,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive comp