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Operational Risk Analyst - Capital Planning

Cleveland, Ohio

The Operational Risk Analyst - Capital Planning position resides in the 2nd Line of Defense within the Enterprise and Operational Risk Management Division and will be responsible for developing and maturing Operational Risk’s approach to the use of quantitative analysis research and analytical support to a team of risk professionals supporting Operational Risk Program.  The person will be a senior level contributor for the Operational Risk portion of the Capital Adequacy and Stress Testing Assessment (CASTA) process where they will work closely with partners within Operational Risk and across the company including Treasury, Finance, Model and Qualitative Risk.  The candidate will also be involved in participating in peer learning groups and monitor industry trends and regulatory requirements to further advance the CASTA program within Operational Risk.  During off cycles of the CASTA process, the position will contribute, as needed, to Operational Loss program and reporting activities and individual project assignments.  The position requires a background in capital planning, and/or financial statements processing and requires strong communication and project management skills. 




  • Serve as a senior individual contributor to the Operational Risk portion of the Capital Adequacy and Stress Testing Assessment (CASTA) process partnering across the company including Treasury, Finance, Model and Qualitative Risk
  • Assist with data analysis and scenario development to support the Operational Risk Scenario’s required for CASTA.
  • Manage quality assurance activities related to enterprise Operational Risk processes (e.g., GRC).
  • Complete risk data analysis, manage standard reporting and develop customized operational risk trend reporting related to risks, controls, findings, etc.  Distribute reporting to Operational Risk Team with insights and recommendations.    
  • Works with LOBs to develop Process Flow Charts of core processes, identifying risks, controls and gaps requiring remediation.  Responsible for ongoing maintenance and up keep of process flows, and associated heat maps identifying gaps, remediation plans and target SLAs.
  • Escalates promptly to appropriate operational risk team member, senior management (LOB and/or Operational Risk) any material breaches of applicable laws, rules, policies, tolerances, appetite, standards, tolerances, SLAs, etc.
  • Effectively and professionally interact with senior management, regulatory agency personnel, internal legal counsel, internal risk review personnel as well as other Operational risk peers;
  • Effectively collaborate with the LOB and senior manager to identify suitable internal controls to ensure compliance with laws and regulations; identify gaps in internal control effectiveness;
  • Timely escalate issues and exceptions to management in accordance with procedures and/or based on sound judgment;
  • Keep abreast of new rules and regulations as well as current surveillance techniques;
  • Assist with review of the line of business policies and procedures, provide guidance to ensure effectiveness, ensure procedures are aligned with Key’s Standard Operational Procedure Guidance.
  • Manage development and update of Enterprise Operational Risk Procedures/Policies and program documentation.
  • Assist with internal and external audit, examination, regulatory inquiry and investigation requests for information.  Also, assist in the evaluation of audit and examination findings, implementation of corrective action and needed responses;
  • Attend various Compliance and line of business meetings; participate in LOB committees as appropriate;
  • Assist with other asks as required to ensure team objectives are achieved, even where outside usual area of responsibility. 




  • Bachelor’s Degree preferred (equivalent experience may be considered)
  • 5+ years of operational risk, capital planning, audit, or industry-related experience
  • Proficient in the CASTA process, its purpose in the banking industry, and regulatory requirements
  • Proficient in Microsoft Office tools such as Excel, Access, and the proven ability to learn how to use other unique technologies
  • Proven ability to work in a team environment and manage individuals
  • Candidate must possess the wherewithal and flexibility to undertake new functions/tasks as the Operational Risk and line of business evolves and grows  
  • Sound decision-making skills; able to make decisions independently
  • Confidence in written and communication skills
  • Sound understanding of operational risks
  • Understanding of internal control frameworks
  • Strong research skills coupled with strong problem solving/analytical skills and ability to effectively summarize findings
  • Organizational skills and attention to detail
  • Self motivated 
KP Recruiting Group was started to create a world-wide network of multi-level, highly skilled talent; that are either experts or working to become one, in their respective fields. Our process involves focusing on the talent, skills, and experience of an individual as a key indicator of the present and future value that they will bring to any organization.

In establishing a network, we are able to forge genuine relationships with talent and gain valuable insight that allows us to understand what motivates them. This data allows us to give strategic advice to our partners as they go through the process of managing their human capital.

See our jobs and apply here: https://kprecruitinggroup.catsone.com/careers/7781-General

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