Sr. Compliance Manager - Operational Risk Testing

Senior Manager Operational Risk Testing

Location : 4910 Tiedeman Road - Brooklyn, Ohio 44144

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") 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.