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About the Job (Job Brief)

The Sr. Analytics Associate is primarily responsible for using various data mining, analytics, and visualization techniques to translate data into business insights for BSA/AML and OFAC risk assessments. Working as a member of Financial Crimes Risk Surveillance (FCRS) of Financial Crimes Governance (FCG), the candidate is expected to work independently with minimum supervision on various data and analytics initiatives critical to the success of KeyBank’s BSA/AML/OFAC programs. The candidate works closely with Enterprise Security Services (ESS), Risk Modeling & Analytics (RM&A), Enterprise Business Technology (EBT), other members of FCG, and all the Lines of Business on activities related to BSA/AML/OFAC risk surveillance, model optimization, model validation, business & data literacy, data validation, finding remediations, and other related activities. The candidate is expected to understand various BSA/AML/OFAC monitoring and screening applications, underlying data and workflow, business, and functional requirements, and assist in documenting compliance rationale for system configurations. Success factors include timely and effective completion of assigned tasks with the manager and/or peers, exercising functional knowledge in analytical programming languages, data literacy, report development, effective communication of insights and data to peers, developing work autonomy, and problem-solving. 

Essential Job Functions:

• Responsible for data analytics-related efforts on Key's BSA/AML and OFAC risk assessment, monitoring and screening processes, and providing on-demand data intelligence.
• Conduct data analysis, including root-cause analysis on large data sets with more autonomy, and use critical thinking to use the right approach for each problem statement.
• Use data analysis and visualization tools and techniques to develop and maintain reports and dashboards per the business needs; Make continuous improvements to the existing processes.
• Collect and analyze data from KeyBank's systems (e. g., core banking, client due diligence, onboarding, transactions monitoring, screening systems, enterprise data marts) to support data driven decisions.
• Assist in evaluating new products, services, and business lines to ensure monitoring and screening coverage and assessing the potential impact, and providing the operational impact assessments
• Participate in activities related to the data quality dashboard program for BSA/AML and OFAC applications. Assist in documenting the business definition and usage of the data collected from various source systems. Assist in assessing trends and inconsistencies within data sets and proactively seeking additional data to support the decision-making process.
• Support AML DataMart and other source-to-target initiatives across all BSA/AML/OFAC screening and monitoring applications, including reviewing data, identifying concerns impacting model performance, and enhancing mapping documentation
• Facilitate the conversation with different stakeholders and managers to design and build various reports and dashboards and ensure the managers have what they need to run their respective areas while maintaining consistency of reports across FCG, ESS, and RM&A groups.
• Provides data and analytics related support to various initiatives that are underway for improving the effectiveness and efficiency of the AML program
• Understand and analyze bank-wide data, support creation and maintenance of different KPIs/KRIs, dashboards, reports, and matrices, and make appropriate recommendations to achieve business objectives.
• Assist with internal and external audits, examinations, regulatory inquires; provide support in evaluation, remediation, and response of audit and examination findings.
• Perform other assignments and projects as requested by management.
• Keep abreast of new rules and regulations and current BSA/AML/OFAC screening and monitoring techniques.

Required Qualifications:

•            Bachelor's degree in business administration, mathematics, economics, information technology, a related quantitatively intensive field

•            5+ years of Business Intelligence, data analytics, or relevant experience with one or more  applications such as Python, SAS, Tableau, SQL, R, Google Cloud Big Query, etc.

• Excellent written, verbal, and interpersonal skills, as well as ability to communicate analytical results, tailored to the audience.

•            Data and statistical literacy; experience with relational databases and an ability to source data and convert it into a usable form

•            Knowledge of banking products and services and familiarity with the banking systems and how to maximize the use of customer and transaction data within these systems

•            Ability to adapt quickly and succeed in a fast-paced and dynamic environment

•            Goal-oriented and able to work independently to achieve results

•            Strong computer skills (proficiency with MS Office programs required)

•            Experience in the financial industry or big four consulting firms is preferred

Preferred Qualifications:

•            Master's degree in business administration, analytics, economics, information technology, or related field. 

•            Basic knowledge of banking laws and regulations with emphasis on BSA, AML, and OFAC. One or more years of experience in AML or OFAC data analytics or a similar area.

•            One or more years of experience in banking analytics with a focus on customer, account, and transaction level data.

•            Proficiency with Tableau, SQL, SAS. Python/R

•            Ability to understand and use statistical models in SAS, R, Python, etc.

•            Prior experience working with BSA/AML/OFAC applications such as LexisNexis Bridger, ACI Money Transfer System, Fircosoft, Oracle FCCM (aka Mantas), Actimize AML, Actimze KYC, etc.

•            Ability to understand AML and OFAC monitoring/screening models at a theoretical level

COMPENSATION AND BENEFITS

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment.  As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.

This position is eligible to earn a base salary in the range of $73,000 to $110,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here for a list of benefits for which this position is eligible.

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

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.