Quant Analytics Sr Associate - Model Risk Job at KeyBank, Buffalo, NY

  • KeyBank
  • Buffalo, NY

Job Description

Location:127 Public Square, Cleveland OhioABOUT THE JOB As a Senior Quantitative Analytics Associate, you will be at the forefront of validating models for Market Risk, IRRBB (including NII, EVE, Deposit modeling), and Liquidity. Your expertise in machine learning will be instrumental in developing advanced use cases such as generative AI for scenario simulation, reinforcement learning for deep hedging, and machine learning techniques for model calibration. You will also incorporate the latest market risk trends – including heightened uncertainty around interest rate movements and increased market volatility – ensuring our models remain aligned with current industry standards and best practices. This role offers a fantastic opportunity to learn and grow, gaining exposure to a wide range of market risk pricing models, term structure models, hedging models, and risk models.ESSENTIAL JOB FUNCTIONSValidate models for Market Risk, IRRBB, Liquidity, and other risk areasApply machine learning techniques to enhance and support model validation processesDeliver insightful analysis to address complex business problemsCommunicate findings effectively to partners, translating complex theories into easy-to-understand languageREQUIRED QUALIFICATIONSMaster’s degree in a quantitative discipline with 2+ years of relevant experienceFamiliarity with Market Risk, IRRBB, and Liquidity conceptsFamiliarity with regulatory requirements such as SR11-07, IRRBB regulations, Market Risk Rule, FRTB, and SIMMExposure to market risk pricing models, term structure models, hedging models, asset liability models, deposit pricing and runoff models, or other risk models spanning interest rate derivatives, commodities, FX, CDS, fixed income, and equitySYSTEMS & TOOLSExperience with leading quantitative risk systems such as Calypso, RiskWatch, Bloomberg, QRM, and BlackRock, as well as cloud infrastructure platforms like GCP.COMPENSATION AND BENEFITSThis position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 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: 10/10/2026 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-RemoteSummaryLocation: Cleveland, OH; 726 Exchange Street, Buffalo, NY; Remote, United StatesType: Full time

Job Tags

Full time, Work at office, Remote work, Flexible hours

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