Compliance Risk & Assurance Specialist | KeyBank | Remote & Ohio (44144) | Apply Now!

📍 Location: KeyBank – For Those Who Work at Home, Various, Ohio (44144) | Remote, United States
💰 Salary: $80,000 – $100,000 per year + performance incentives
🏢 Company: KeyBank
📅 Job Type: Full-Time, Permanent
📆 Application Deadline: February 28, 2025

🏦 About KeyBank

KeyBank is a leading financial services institution committed to driving innovation, ensuring regulatory compliance, and delivering exceptional customer experiences. As part of our mission, we provide comprehensive banking solutions while maintaining a strong compliance and risk management framework.

Our Compliance Risk Management team plays a critical role in ensuring KeyBank’s adherence to regulatory requirements. As part of our Risk Evaluation and Assurance (REA) Program, we continuously evaluate compliance risks across our lines of business, products, and functional activities.

If you are passionate about compliance testing, regulatory oversight, risk assessments, and continuous improvement, this role offers an opportunity to contribute to a dynamic and evolving compliance framework at KeyBank.

📌 About the Role

KeyBank is seeking a Compliance Risk & Assurance Specialist to support the Risk Evaluation and Assurance (REA) Program by conducting compliance monitoring and testing. This role is responsible for evaluating the effectiveness of KeyBank’s compliance programs, identifying regulatory risks, and ensuring adherence to federal and state banking laws.

The ideal candidate should have experience in compliance testing, risk management, or audit functions, along with a strong understanding of consumer finance regulations and financial services operations.

✅ Key Responsibilities:

• Regulatory Compliance Testing & Risk Assessments: Conduct independent second-line compliance monitoring and testing to ensure compliance with federal and state banking regulations.
• Risk-Based Monitoring & Evaluation: Perform risk assessments and compliance evaluations across various banking products and services, ensuring sustainable risk management processes.
• Financial Services Compliance Oversight: Develop an in-depth understanding of applicable banking, lending, and deposit regulations, including OCC, FRB, CFPB, and state-specific laws.
• Data Analysis & Risk Reporting: Utilize data analysis tools to assess risk levels, identify control gaps, and evaluate compliance program effectiveness.
• Policy & Procedure Reviews: Assess and review policies, procedures, and internal controls to ensure compliance with industry regulations and regulatory expectations.
• Stakeholder Collaboration & Communication: Work closely with senior management, business leaders, and internal audit teams to provide risk insights, compliance recommendations, and remediation plans.
• Continuous Improvement Initiatives: Identify opportunities for enhancing compliance testing methodologies, risk frameworks, and monitoring processes.

🎯 What We’re Looking For:

🔹 Required Qualifications:

✔ Bachelor’s degree in a relevant field (finance, business, law, or risk management).
✔ 3 – 5+ years of experience in compliance, risk management, regulatory oversight, or audit roles within the financial services industry.
✔ In-depth knowledge of banking regulations (e.g., OCC, FRB, CFPB, state banking laws).
✔ Strong analytical skills with the ability to interpret complex regulatory requirements and assess compliance risk exposure.
✔ Proficiency in risk-based auditing techniques and experience developing compliance monitoring plans.
✔ Effective written and verbal communication skills to convey compliance findings and risk assessments to senior leadership.
✔ Self-motivated, proactive, and adaptable to dynamic regulatory environments and shifting priorities.

🔹 Preferred Qualifications:

✔ Certified Regulatory Compliance Manager (CRCM) or other risk-related certification (CAMS, CIA, CISA, etc.).
✔ Experience in compliance testing and audit processes within financial institutions.
✔ Knowledge of data analysis tools (Microsoft Excel, SAS, Tableau, ACL, or similar tools).
✔ Familiarity with compliance risk frameworks and regulatory change management processes.

💰 Compensation & Benefits

This role offers a competitive compensation package, including:

💲 Base Salary: $80,000 – $100,000 annually, depending on experience and location.
💲 Performance-Based Incentives: Short-term and deferred incentive compensation based on individual and company performance.
🌍 Flexible Work Arrangements: Hybrid or fully remote work options available.
🏥 Comprehensive Health Benefits: Medical, dental, vision insurance, mental health support.
📈 401(k) Retirement Plan: Employer matching contributions for long-term financial security.
🏡 Work-Life Balance: Generous paid time off (PTO), holidays, and parental leave.
📚 Career Growth & Learning Opportunities: Training programs, leadership development, and tuition reimbursement.
🤝 Inclusive & Diverse Workplace: Commitment to equity, diversity, and inclusion (DEI) in the workplace.

📅 How to Apply

🔗 Click “Apply Now” to join KeyBank as a Compliance Risk & Assurance Specialist and contribute to a strong compliance culture in the financial industry!

This role provides an exciting opportunity to enhance compliance testing, risk assessment, and regulatory monitoring in a leading financial institution. If you have the skills, expertise, and drive to succeed in a compliance-focused role, we want to hear from you!

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