This job has expired, please see additional jobs below
Risk Analyst
KeyBank
Buffalo, NY, United States
Job Details - this job has expired, please see similar jobs below
Job Description
This position can be located in Amherst, NY or at any Indirect Auto KeyBank facility in the great lakes, New York or New England area.
ABOUT THE JOB (JOB BRIEF)
The Risk Analyst III will be responsible for working directly with and reporting to the National Credit Manager. The quality verification control manager position develops implements and manages quality control systems/reports to ensure continuous production is within established standards, line of business specifications and risk tolerances. The position operates independently of other risk partners within the bank, however is a direct liaison to those noted risk partners. The quality control process is continually managed on a daily and monthly basis utilizing reports currently in production within the line of business as well as those provided on behalf of the banks risk partners. This role also serves as a liaison to all quality control partners and risk partners and must maintain a strong working relationship with those noted partners.
ESSENTIAL JOB FUNCTIONS
• Business Continuity management Plan Builder/Expert role for the Line of Business and will be responsible for plan maintenance and updates.
• Plays and significant role in training of newly hired staff with a focus on compliance and regulatory lending laws.
• Reviews and completes the daily/monthly counters and declines report.
• Reviews and completes the daily/monthly approval report.
• Completes all of the GRC testing for the line of business.
• Is the primary contact and lead tester for the CMSI, underwriting system relating to front end underwriting elements.
• Manages all open CMSI related items relating to Underwriting; including open defects as well as system enhancements.
• Manages all upgrades to the CMSI system relating to Underwriting for regularly scheduled system upgrades.
• Receives and responds to monthly QA audits while working through the regional credit managers.
• Receives and responds to monthly QC audits while working through the regional credit managers.
• Works directly with the National credit manager in review and response to risk and compliance audits throughout the annual review cycle.
• Receives reviews and responds to the early payment default report on a monthly basis.
• Acts as a point of contact on the dealer management report (DMR) to ensure accurate reporting and account resolution.
• Adds input into the regional credit managers monthly review of the underwriting staff.
• Reviews the daily delinquency report.
• Attends and presents items of interest at the monthly collection pre-charge off meeting.
• Attends and presents items of interest at the monthly collection meeting.
• Monitors and tests the score card on a daily basis to ensure it is operating by design.
• Receives and reviews all credit bureau dispute notifications.
• Receives fraud complaints and works jointly with the regional credit managers to reply and resolve.
• Receives complaints and works jointly with the regional credit managers to reply and resolve.
• Reviews and completes the aftermarket product analysis report on a monthly basis.
ADDITIONAL DUTIES
• Additional assignments and duties/ projects directed by the management team for the LOB
REQUIRED QUALIFICATIONS
• Bachelor’s degree or equivalent experience
• Minimum of 5 years’ experience in risk review, compliance, collections and quality control required.
• Minimum of 5 years prior indirect auto lending experience required.
• Proven ability to present findings in a decisive and profession manner to managers and fellow employees.
• Knowledge of lending and regulatory requirements for indirect underwriting.
PREFERRED SKILLS / QUALIFICATIONS
Working knowledge of CMSI
ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
ABOUT THE BUSINESS:
Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.
FLSA STATUS:Exempt
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
JobID: 28194BR