Quant Analytics Sr Associate - Model Risk

KeyCorp
Cleveland, Buffalo
Workplace: RemoteFull timeUSD 96,000 - 181,000 annuallyFunction: Data Analytics & Business IntelligenceExperience: 2+ yearsEducation: mastersSkills: ["Communication","Problem-solving"]

Validate and enhance Market Risk, IRRBB (NII/EVE/Deposit modeling), and Liquidity models while applying machine learning to strengthen model validation. Use advanced techniques—generative AI for scenario simulation, reinforcement learning for deep hedging, and calibration methods—to address uncertainty and volatility in interest rate and broader market movements. Deliver clear, partner-ready analysis and stay aligned with regulatory and industry best practices across risk pricing, term structure, hedging, and asset-liability models.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
KeyCorp
KeyCorp
2 days ago

Quant Analytics Sr Associate - Model Risk

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 34 minutes agoStatus: Live

Job Summary

Validate and enhance Market Risk, IRRBB (NII/EVE/Deposit modeling), and Liquidity models while applying machine learning to strengthen model validation. Use advanced techniques—generative AI for scenario simulation, reinforcement learning for deep hedging, and calibration methods—to address uncertainty and volatility in interest rate and broader market movements. Deliver clear, partner-ready analysis and stay aligned with regulatory and industry best practices across risk pricing, term structure, hedging, and asset-liability models.
Location: Cleveland, Buffalo
Workplace: Remote
Employment Type: Full time
Job Function: Data Analytics & Business Intelligence
Seniority: Mid level

Key Responsibilities

  • •Validate models for Market Risk, IRRBB, Liquidity, and other risk areas
  • •Apply machine learning techniques to enhance and support model validation processes
  • •Deliver insightful analysis to address complex business problems
  • •Communicate findings effectively to partners in clear language
  • •Develop advanced use cases for scenario simulation, deep hedging, and model calibration

Pay and Benefits

Salary: USD 96,000 - 181,000 annually

Key Requirements

  • •Master’s degree in a quantitative discipline with 2+ years of relevant experience
  • •Familiarity with Market Risk, IRRBB, and Liquidity concepts
  • •Familiarity with regulatory requirements including SR11-07, IRRBB regulations, Market Risk Rule, FRTB, and SIMM
  • •Exposure to market risk pricing, term structure, hedging, and asset liability/deposit pricing or runoff models across instruments (e.g., interest rate derivatives, commodities, FX, CDS, fixed income, equity)
  • •Experience applying machine learning techniques to enhance model validation processes
Experience:2+ yearsMarket riskIRRBBLiquidity riskModel validationMachine learning
Education:Master's in quantitative discipline
Skills:CommunicationProblem-solving
Tech Stack:CalypsoRiskWatchBloombergQRMBlackRockGCPCloud infrastructureReinforcement learningGenerative AI

Company Brief

KeyCorp
KeyCorp operates KeyBank, providing retail and commercial banking, lending, wealth management, and investment services to individuals, businesses, and institutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Cleveland, United States
Founded: 1849
Glassdoor
Glassdoor: 3.6
WebsiteLinkedIn