Full-Time

Quantitative Analytics Lead Associate

Posted on 11/15/2025

Deadline 11/16/25
KeyBank

KeyBank

1,001-5,000 employees

Provides banking, loans, and financial services

Compensation Overview

$93k - $102k/yr

+ Short-term incentive + Deferred incentive

Cleveland, OH, USA

Hybrid

In-office presence prioritized; flexible options for roles that can be performed remotely.

Category
Finance & Banking (2)
,
Requirements
  • Bachelor’s degree in Statistics, Mathematics, Economics, Finance, Data Science, or a related quantitative field.
  • 3+ years of experience in banking or financial services, with a focus on Treasury, Finance, Risk Management, or Pricing/Profitability.
  • Working understanding of funds transfer pricing (FTP), interest rate risk, liquidity management, and balance sheet strategy.
  • Experience with model validation, policy documentation, and risk governance frameworks.
  • Ability to critically evaluate business logic, assumptions, and expert judgment embedded in financial tools.
  • Strong written and verbal communication skills, with the ability to produce executive-level materials and facilitate cross-functional discussions.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
  • Familiarity with programming languages or model development platforms (e.g., Python, R, SAS, MATLAB).
Responsibilities
  • Conduct independent validations of qualitative models and tools, including those used for pricing/profitability, interest rate setting, funds transfer pricing (FTP), and margin analysis.
  • Review and challenge data, assumptions, methodologies, and documentation supporting qualitative model processes and overlays.
  • Partner with Treasury, Finance, and Risk teams to understand business drivers and ensure alignment of qualitative processes with strategic objectives.
  • Ensure models meet internal policy, industry best practices, and regulatory expectations for model risk management
  • Develop formal reports summarizing assessment findings, including recommendations for improvements and risk mitigation.
  • Present findings to senior stakeholders, potentially including Risk Committees and Treasury leadership.
  • Maintain and enhance documentation standards, procedures, and validation criteria for qualitative processes.
  • Collaborate with quantitative modeling teams to ensure consistency and transparency between model-based and judgment-based qualitative models and tools.
Desired Qualifications
  • High attention to detail and ability to manage multiple priorities under tight deadlines.
  • Strong interpersonal skills and ability to influence across functions.
  • Resourceful and proactive in identifying risks and proposing solutions.
  • Comfortable interacting with senior executives and risk professionals.
  • Experience in documenting and improving risk control processes.

KeyBank provides a full range of banking services for individuals, small businesses, and commercial clients across the United States. It offers checking and savings accounts, credit cards, mortgages, loans, and other financial products. Customers use these products by making deposits, borrowing money, or using credit in everyday life; the bank earns interest on loans, fees for services, and commissions on products. KeyBank differs from many rivals by offering a wide geographic footprint and a focus on tailored financial solutions plus tools to improve financial wellness, such as budgeting resources and planning guidance. Its goal is to help clients reach financial milestones—like buying a home, paying down debt, or saving for the future—through a comprehensive set of services.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Massachusetts

Founded

1824

Simplify Jobs

Simplify's Take

What believers are saying

  • Commercial-banking hiring supports deeper coverage and faster middle-market origination.
  • Southeast Michigan expansion targets $10M-$1B revenue companies with veteran local bankers.
  • Recent fee businesses grew 12%, showing traction beyond traditional lending.

What critics are saying

  • Commercial revenue concentration makes any middle-market slowdown immediately visible in earnings.
  • Rapid hiring can lift expenses faster than loans if new bankers underperform.
  • Credit deterioration in commercial borrowers raises charge-offs and constrains new lending.

What makes KeyBank unique

  • Cleveland-based regional bank with 15-state consumer footprint and national commercial reach.
  • KeyBanc Capital Markets combines lending with underwriting, M&A, FX, and derivatives.
  • Middle-market focus spans borrowing, cash management, and capital markets for larger clients.

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Your Connections

People at KeyBank who can refer or advise you

Benefits

Medical, dental, & vision

Wellness Programs

Fitness Reimbursement

Alternative Work Schedules

PTO

Parental Leave

401(k) Savings Plan

Discounted Stock Purchase Plan

Tuition Reimbursement

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
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