Location: 4910 Tiedeman Road, Brooklyn Ohio About the Job As part of Key's second line of defense Compliance Risk Management function, the Risk Evaluation and Assurance Program (the "REA Program ...
Location: 4910 Tiedeman Road, Brooklyn Ohio About the Job As part of Key's second line of defense Compliance Risk Management function, the Risk Evaluation and Assurance Program (the "REA Program ...
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Quick apply
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Quick apply
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Atlanta, GA · On-site
Prepare compliance performance reports for management Required Skills & Qualifications: * Minimum 7 years of experience in commercial insurance and risk management * Strong knowledge of compliance ...
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Kennesaw, GA · On-site
Partner with Procurement, Legal, and Project Management to ensure contractual insurance compliance. Risk Management & Advisory * Identify, assess, and mitigate operational, legal, and financial risks.
Typically, more than 12 years of applicable experience in audit, compliance, risk management, or related financial services functions. Preferred Skills and Experience * Strong understanding of ...
Typically, more than 12 years of applicable experience in audit, compliance, risk management, or related financial services functions. Preferred Skills and Experience * Strong understanding of ...
Compliance Risk Management Manager information
What are the key skills and qualifications needed to thrive as a Compliance Risk Management Manager, and why are they important?
What are some common challenges faced by a Compliance Risk Management Manager when implementing new regulatory requirements across an organization?
What are Compliance Risk Management Managers?
What is the difference between Compliance Risk Management Manager vs Compliance Analyst?
| Aspect | Compliance Risk Management Manager | Compliance Analyst |
|---|---|---|
| Certifications | CRCMP, CCEP, or similar | None or basic compliance certifications |
| Work Environment | Oversees compliance programs, manages teams | Conducts audits, reviews policies |
| Employer & Industry Usage | Financial, healthcare, corporate sectors | Regulatory agencies, corporations |
| Search & Comparison Intent | Understanding managerial roles in compliance | Entry-level or specialized compliance roles |
The Compliance Risk Management Manager focuses on overseeing compliance programs, managing teams, and implementing risk mitigation strategies. In contrast, a Compliance Analyst typically conducts audits, reviews policies, and supports compliance initiatives. The manager role requires more experience and certifications, while the analyst role is more focused on analysis and reporting within compliance functions.
Full-time
Posted 4 days ago
KeyBank rating
8.2
Based on 89 frontline employees who took The Breakroom Quiz
36th of 141 rated banks
Job description
Location:
4910 Tiedeman Road, Brooklyn OhioAbout the Job
As part of Key's second line of defense Compliance Risk Management function, the Risk Evaluation and Assurance Program (the "REA Program") has the responsibility for evaluating Key's ongoing compliance with applicable laws and regulations and the adequacy of operational controls and processes in mitigating applicable risks through the execution of operational and compliance monitoring and testing across Key's lines of business, products, and functional activities. Individuals lead the design and execution of testing and continuous monitoring to evaluate the adequacy of Key's operations and compliance with regulatory requirements. Individuals work both autonomously on assignments and in collaboration with other members of REA team on projects and testing. The Senior Manager must have a strong understanding of audit and/or testing concepts and apply those to testing, monitoring, issues management, and verification activities. The Senior Manager must exhibit strong leadership, initiative, and agility as well as a passion for continuous learning and challenging the status quo. The ideal candidate will have experience managing a team of testing, compliance, or operational risk professionals, a strong knowledge of banking operations and products, and be skilled at developing, executing, and overseeing testing and monitoring activities. This role requires the ability to demonstrate leadership across various lines of business and proactively and productively coordinate with other groups within Key including the lines of business, other risk management teams and internal audit.
Essential Job Functions
- Lead and manage a team of operational risk testing professionals and provide oversight of the risk-based monitoring and evaluation activities, including risk assessment, monitoring and testing, analysis of findings, and reporting to ensure effective, sustainable risk management processes exist.
- Provide oversight, guidance, and strategic direction to staff related to day-to-day responsibilities and engagement of line of business management and compliance partners in designing and executing testing, special projects, and ongoing monitoring.
- Demonstrate subject matter expertise in the testing and working knowledge of banking operations, industry trends, emerging issues, and related banking products and ability to understand its applicability to risk management strategies including the scoping of risk evaluations, monitoring, and design of testing plans.
- Utilize knowledge of data analysis tools and techniques to lead a team of compliance testing professionals in analyzing, quantifying, and/or assessing risks and to evaluate controls to identify potential weaknesses and/or control gaps.
- Assist REA Executive with the ongoing design, development, and implementation of the REA operational risk testing program including the testing plan, testing methodology, ongoing monitoring, and strategic initiatives to provide assurance that the Bank's policies, procedures, and processes are adequately designed and executed to effectively mitigate operational risks and consistent with industry best practices.
- Responsible for managing staff, providing ongoing coaching, and driving quality of work for the team while ensuring any issues or material breaches of applicable laws, rules, policies or standards with an actual or potential compliance risk impact are appropriately identified, escalated, remediated, and validated.
- Maintain awareness of emerging issues, bank-wide initiatives, and industry trends to be forward thinking and innovative in executing testing engagements and ongoing monitoring to identify process and control improvement opportunities.
- Develop and maintain strong, collaborative relationships with mid to senior level management, other internal clients and peers, Internal Audit, industry peers, and regulatory examiners.
- Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and operational risk testing related procedures.
- Actively identify and pursue training or continuing education opportunities to further develop overall knowledge of regulatory compliance, banking products and services, industry trends, and emerging risks.
Required Qualifications
- Education/Background: Bachelor's degree.
- Minimum 6 years of compliance, risk management, and/or audit experience with a strong focus on risks and controls and risk-based auditing and/or testing techniques; management experience preferred.
- Advanced working knowledge of financial services compliance and operations including the related rules and regulations of the financial services industry to include: OCC, FRB, State Law, and other pertinent regulations.
- 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.
- 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.).
- Strong interpersonal skills; ability to work well in a team environment.
- High ethical standards, strong critical thinking, detective, analytical, and problem-solving skills.
- Autonomous, self-motivated, and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment.
- Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.
Preferred Qualifications
- Currently maintains relevant professional and/or industry sponsored certifications in risk management, internal audit, and/or compliance (e.g. - Certified Information Systems Auditor (CISA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), etc.).
- Comprehensive knowledge of the operational, technical, and functional structure of financial services organizations, banking systems, and risk programs.
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $112,000.00 - $210,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.Please click here for a list of benefits for which this position is eligible.
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.
Job Posting Expiration Date: 05/30/2026 KeyCorp is an Equal Opportunity Employer committed to 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, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.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 HR_Compliance@keybank.com.
#LI-HybridAbout KeyBank
Sourced by ZipRecruiter
Key is one of the nation's largest bank-based financial services companies. 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.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Cleveland, OH, US
Year founded
1849