Third Party Risk Management, Shared Services and Regulation W Officer

Location:

127 Public Square - Cleveland, Ohio 44114

About The Job

The Third Party Management, Shared Services and Regulation W Compliance Manager is responsible for assisting the applicable Compliance Executive in overseeing compliance risk mitigation and discouraging actions that may expose KeyCorp and its subsidiaries to regulatory, compliance, or reputational risks in excess of Key’s risk tolerance. This position will be responsible for compliance oversight of Third Party Management, Shared Services lines of business (Finance, Human Resources, Law Group, Risk Management, Corporate Center), and Regulation W. This position will have oversight of compliance risk programs and policies including providing highly specialized guidance and oversight on current and emerging regulatory compliance risks. The qualified candidate must be able to work independently and use sound judgment, taking into consideration risk tolerances of the assigned LOBs and Key’s overall risk appetite.

Essential Job Functions

• Provide second line of defense compliance oversight of Third Party Management, Shared Services lines of business and Regulation W.
• Serve as the bank’s Regulation W Officer.
• Provide strong leadership, mentoring, and guidance to peers and other members of the team as well as other members of Risk Management.
• Respond to internal and external audits, exams, and requests for information.
• Develop and maintain positive working relationships with internal clients, staff, peers, and LOB senior management.
• Maintain relationships with industry peers and regulatory bodies.
• Identify, respond and/or escalate risks as appropriate.
• Assist in the development of policies, standards, procedures, and guidelines to align with corporate risk appetites, tolerances, and policies.
• Conduct review and challenge activities and escalate as warranted.
• Support or direct project teams in the ongoing development and implementation of strategic plans and objectives, and regulatory changes.
• Support other risk disciplines in risk identification, mitigation, and reporting.
• Exemplify understanding of and implement the three-lines-of-defense model.
• Perform other duties as required.
  
  
  

Required Qualifications

• Bachelor’s degree or comparable education required, compliance certification, a plus.
• Minimum of 5-10 years of relevant industry experience.
• Extensive knowledge of the banking related statutes and regulations.
• In-depth practical knowledge of internal controls, risk assessments, compliance processes, and applicable techniques for the implementation of regulatory and legal requirements.
• Strong relationship management and leadership skills, including the ability to work in a team environment and positively accept and lead through change.
• Proven track record of integrity, strong ethics, and sound decision-making skills, including the ability to make decisions independently and quickly.
• Ability to effectively communicate to lines of business and senior management, both in writing and verbally.
• Strong attention to detail coupled with strong problem-solving and analytical skills.
• Proven ability to have, maintain, and establish strong contacts within the industry to be aware of current industry issues and practice.
• Proven ability to think proactively and drive results through people.
• Strong project management and/or continuous improvement skill.
  
  
  

Compensation And Benefits

Equal Pay Posting Language

This position is eligible to earn a base salary in the range of $145,000 to $165,000 annually depending on location and 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.

Job Posting Expiration Date: 09/11/2025 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

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.