2027 Summer Risk Management Internship Program- Cleveland

Location:

127 Public Square, Cleveland Ohio

Program Duration:

MAY
26,2024–AUGUST6,2024

Key’s Enterprise Internship is a 10.5‑week program that provides meaningful work that matters, offers feedback and coaching, and creates engaging events and conversations that will spark excitement and interest in bringing one’s full‑time career to Key. Interns are involved in a host of line‑of‑business specific projects that directly impact and benefit Key’s business and strategic pillars. The program includes networking with Key teammates across all levels of the organization, a series of Learning Labs where internal and external speakers provide insight on Key’s competitive landscape, financial wellness, and professional development best practices, and an assigned mentor who shares knowledge, experience, and advice.

The Risk Management Intern Program is designed to build Key Bank risk professionals through training, work experience, cross‑functional experience, and robust feedback and performance management. Interns are placed in a specific department in Risk Management and remain in that department for the duration of their internship. Upon successful completion of the program interns are eligible to be offered a full‑time rotational analyst program position within the Risk Management department.

• Assess and monitor risk and controls
• Opine on efficacy of control environment
• Communicate opportunities for efficiency and process improvement
• Data analytics and reporting
• Working with various systems
• Quality assurance and control testing
• Credit analysis
• Practical application of regulatory requirements
• Opportunities for special projects will be determined based on performance and business

• Anti‑Money Laundering Responsible for taking a risk‑based approach to manage Anti‑Money Laundering (AML)-related regulatory obligations, as well as working to ensure compliance with AML rules including transaction monitoring to identify suspicious transactions or activity.
• Regulatory Office Serves as the liaison between Key Bank and our primary regulators (OCC, FRB, FDIC, CFPB), providing guidance on how to manage regulatory exams, supporting internal logistics of working with the various regulatory agencies and managing examiner interactions.
• Enterprise Risk Responsible for examining risk in a holistic manner, learning about all aspects of risk and interacting with all risk departments, aggregating risk, developing methodologies and identifying best practices for assessing and controlling risk.
• Operational Risk Responsible for examining the risk of loss resulting from internal human error or malfeasance, failed internal processes or systems, or external events.
• Compliance Risk Responsible for examining the risk of legal or regulatory sanctions, financial loss or damage to reputation Key Bank may experience as a result of a failure to comply with applicable laws, regulations, rules, or other regulatory requirements that are imposed on the banking/financial industry.
• Credit Risk Responsible for credit approval and risk oversight of Key’s credit portfolios, analyzing the risk of borrower failure to meet their contractual obligations to repay debts in accordance with agreed upon terms.
• Market and Treasury Risk Responsible for monitoring and evaluating the risks affecting Key’s current or anticipated capital, income, cash flows or valuation of equity and portfolios, resulting from adverse movements in market rates or prices.
• Model Risk Responsible for ensuring Key employs approved and validated proprietary and vendor provided models that are suited for their intended purpose, properly implemented and operate as intended.

• Must have completed at least three years toward a four-year, undergraduate degree program with focused coursework in finance, accounting, actuarial science, economics and/or data science (preferred), with an anticipated graduation in May 2028 or December 2027
• Outstanding academic achievement (minimum undergraduate 3.3 GPA)
• Demonst…