Sr. Risk Manager, Data Risk Governance

Location:

For Those Who Work At Home - Various, Ohio 44145

Job Summary 
The Senior Risk Manager – Data Risk Governance, is responsible for developing, managing, and sustaining data risk management governance and oversight ensuring the effectiveness and compliance of the Data Risk Governance Office (DRGO) risk management practices in accordance with the Data Risk Policy. Responsibilities include implementing the 2nd Line of Defense data risk management policies, standards, procedures and data risk management framework while ensuring alignment with Enterprise Risk Management. This leader will be responsible for building out the Data Risk Governance function of the DRGO and will have a deep understanding of risk and data management principles, excellent analytical skills, and a proven ability to work independently and provide valuable insights to senior management. 
 
Responsibilities 

• Establish DRGO’s data risk policies, standards, procedures, and guidelines  
• Implement the 2nd Line of Defense (2nd LOD) DRGO’s Data Risk Validation Framework, aligning it with regulatory requirements and industry best practices 
• Lead and manage a team of data risk management professionals to execute risk management strategies and policies  
• Provide leadership and guidance to DRGO team members on data risk management    
• Ensure that the data risk management framework is effectively integrated into the overall risk management framework, policies, procedures, and processes of DRGO including the Data Risk Validation and Data Risk Review & Challenge functions 
• Develop and manages DRGO’s regulatory intelligence process ensuring changes in regulatory requirements are incorporated into DRGO’s oversight of data risk 
• Manage, sustain, and enforce Key’s data risk taxonomy  
• Manage 2LOD DRGO’s enterprise risk and controls inventory 
• Develop, manage, and sustain Key’s data risk control library in partnership with the Data Risk Validation function 
• Develop, manage, and sustain data risk escalation, issue management, exceptions, and variance processes  
• Monitor enterprise compliance with data risk policies, standards, procedures, and guidelines 
• Conduct regular audits and assessments in partnership with the Data Risk Validation function to ensure adherence to the data risk management framework  
• Act a liaison with regulators and other internal or external auditors on matters concerning Key’s data risk management framework.  
• Organize and monitor interaction between the 1st LOD and regulators 
• Performs quality assurance on DRGO’s processes and controls  
• Drive data risk reporting on governance and oversight of data risk across the enterprise  
• Prepare and present data risk reporting to senior management and governance committees including (Data & Analytics Risk Committee, Operational Risk Committee, Enterprise Risk Management Committee, Risk Committee of the Board) 
• Support the execution of data risk and maturity assessments at the enterprise level  
• Engage with key stakeholders, including risk owners, business units, and other risk management functions, to foster a collaborative environment and promote a strong risk management culture. 
• Provide guidance and support to stakeholders regarding risk management practices, validation requirements, and remediation actions. 
• Performs other duties as assigned; duties, responsibilities and/or activities may change, or new ones may be assigned at any time with or without notice 
• Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key. 

 
Education Qualifications 

• Bachelor's Degree Bachelor's degree in a relevant field such as Risk Management, Finance, or Business Administration. (required)
• Master's Degree Advanced degree or relevant certifications (e.g., FRM, CISA, CISSP, CRISC, CISM) (preferred).  

 
Experience Qualifications 

• 10+ years progressive experience in risk management, with a focus on operational risk or data risk, preferably within the financial services industry. (required)  
• Extensive knowledge of data governance, data risk management, regulatory compliance, data privacy, cybersecurity 

 
Tactical Skills 

• Strong knowledge of risk management frameworks, methodologies, and regulatory requirements. 
• Strong knowledge of data privacy regulations such as GDPR, CCPA, CPRA, GLBA. 
• Strong knowledge of either data governance, data analytics, data management, or data risk management best practices 
• Strong knowledge of project management tools such as Jira or M365 products 
• Demonstrated experience in developing and implementing risk-based frameworks, procedures, and controls testing methodologies. 
• Excellent analytical skills, with the ability to critically evaluate complex processes and identify control gaps. 
• Strong written and verbal communication skills, with the ability to effectively communicate complex concepts to diverse stakeholders. 
• Proven ability to work independently, manage multiple priorities, and meet deadlines. 
• Strong attention to detail and a commitment to accuracy and quality in all deliverables. 
• Proficient in using risk management tools (e.g., RSA Archer), software, and data governance platforms (e.g., BigID, Alation). 
•  Ability to develop and interpret business intelligence reports and dashboard (e.g., Tableau, PowerBilt, or QlikView) 

 
Personal Skills 

• Critical Thinking: The ability to evaluate past performance for future insights, assess and validate options and predict their impact, and use effective critical thinking approaches, such as consulting, commanding, or obtaining consensus  
• Decision Making: The ability to seek input from various sources and communicate decisions confidently and resolutely while remaining steadfast in championing decisions that later come under scrutiny  

 
Practical Skills 

• Analytical Thinking: Champions the use of business intelligence applications for tactical and strategic decisions; designs and orchestrates the use of business analytics for strategic decision making and employs statistical and quantitative analysis, explanatory, and predictive modeling techniques  
• Data Analysis: Leads discussions on current and new practices, processes, and technologies used in business analytics; predicts industry trends and marketplace developments relevant to data analytics and acts accordingly  

 
Core Competencies 

• All KeyBank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies. 

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $120,000 to $180,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here for a list of benefits for which this position is eligible.

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

Job Posting Expiration Date: 07/17/2024

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

 

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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