Full-Time

Quantitative Analytics Associate

Confirmed live in the last 24 hours

KeyBank

KeyBank

1,001-5,000 employees

Offers banking, loans, and financial services

No salary listed

Entry, Junior

Cleveland, OH, USA

Opportunity to work from home.

Category
Quantitative Analysis
Quantitative Finance
Required Skills
SAS
Data Structures & Algorithms
Machine Learning
Requirements
  • Master’s degree in Economics/Applied Statistics
  • Twelve (12) months in job or job related experience
  • Experience with SAS for model reconciliation and testing activities
Responsibilities
  • Conduct quantitative analysis such as hypothesis testing and root-cause analysis on large data sets
  • Identify types of information needed to conduct necessary quantitative analysis and inform business units of the needed information
  • Create data structures and transformations to be leveraged by groups for analysis to assure statistical and mathematical integrity of data
  • Utilize statistical analysis and machine learning to develop and implement models that address the right business needs
  • Maintain developed analytical models and anticipate considerations in implementation of models
  • Leverage critical thinking to select the right approach for each problem statement
  • Utilize cutting-edge statistical methods and develop new uses for models by anticipating business needs
  • Monitor model performance by developing and adhering to a strict ongoing monitoring schedule
  • Assess adequacy of monitoring, maintenance, and documentation of models and quantitative methods
  • Identify and escalate risks and issues identified and effectively document the development, testing and conclusion
  • Communicate risks and issues identified to internal stockholders
  • Test models and analyze on a regular basis, as early warning signals

KeyBank provides a variety of financial services, including personal and business banking, credit cards, mortgages, and loans. The company caters to individual consumers, small businesses, and commercial clients throughout the United States. KeyBank's approach focuses on offering customized financial solutions to address the specific needs of its clients. It earns revenue primarily through interest from loans, fees for banking services, and commissions on financial products. Additionally, KeyBank prioritizes financial wellness by providing tools and resources that help clients manage their finances effectively. The goal of KeyBank is to assist clients in reaching their financial objectives, whether that involves purchasing a home, consolidating debt, or planning for their financial future.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Massachusetts

Founded

1824

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Simplify's Take

What believers are saying

  • KeyBank's investment in AI-based software indicates a focus on digital transformation.
  • The strategic investment by Scotiabank strengthens KeyBank's international partnerships.
  • KeyBank's expansion of credit solutions supports growth and liquidity for corporate clients.

What critics are saying

  • Competition from fintech companies could erode KeyBank's market share.
  • Digital-only banks present a challenge to KeyBank's traditional banking model.
  • KeyBank's credit facility expansions increase exposure to credit risk in volatile conditions.

What makes KeyBank unique

  • KeyBank offers a comprehensive suite of financial services across the United States.
  • The company emphasizes financial wellness with tools to help clients manage finances effectively.
  • KeyBank's strategic partnerships enhance its global reach and financial stability.

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Benefits

Medical, dental, & vision

Wellness Programs

Fitness Reimbursement

Alternative Work Schedules

PTO

Parental Leave

401(k) Savings Plan

Discounted Stock Purchase Plan

Tuition Reimbursement

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