Risk Analyst III

Location:

66 South Pearl Street, Albany New York

Job Brief:

The Risk Analyst III position is a second line of defense position with responsibility for analytics and quality assurance. Oversight includes Analytics and Reporting, adherence to Credit Policy and Guidelines, Portfolio Asset Quality Trends and Deep Dive work to review & challenge LOB strategies. The Risk Analyst III will be responsible for reporting and analytics, taking a lead role in risk escalations and portfolio analysis.

Essential Job Functions:

• Serve as strategic input to first line of defense to inform strategy and risk appetite.

• Responsible for various functions of deposit & credit risk management. May be asked to assume a lead role in development of new processes and procedures as appropriate.

• Develop presentations in PowerPoint to synthesize second line of defense analysis and action plans. Independently present risk analyses and findings to senior management and Enterprise Payments partners; coordinate escalation and action plans on findings.

• Develop, maintain & present portfolio and new business monitoring and asset quality reporting to inform Senior Management and Line of Business.

• Develop & maintain product specific datasets for use by Payments Credit Risk teammates, including independent development of process maps and procedures.

• Design, document & execute risk management as determined in collaboration with team members and 1st line of defense stake holders.

• Design and implement training and mentoring for junior analysts or new members of the team.

• Independently develop and deliver training programs for 1st line of defense and other stakeholders on payments product risk.

• Independently represent Payments & Deposit Credit Risk Team in various meetings with 1st and 2nd line of defense partners.

Required Qualifications:

• 3+ years of experience in financial services or other applicable experience required.

• Undergraduate Degree in Accounting, Business, Finance, Economics, Mathematics or related field

• Must possess superior analytical skills and problem solving multi-dimensional problems for payments & deposit risk / credit risk.

• Must have excellent interpersonal, communication and relationship building skills.

• Must be proficient in PowerPoint, Word, and Excel including the ability to create and use pivot tables and prepare charts and graphs.

• Professional demeanor to interact with senior product managers and working groups.

• Commitment to core values; Teamwork, Respect, Accountability, Integrity, Leadership

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $68,000.00 - $103,000.00 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: 03/15/2026

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.

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