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KeyBank NA Operational Risk Officer - Third Party Risk Oversight in Cleveland, Ohio

Location: For Those Who Work At Home - Various, Ohio 44145 ABOUT THE JOB The Operational Risk Officer - Third Party Risk Oversight resides within Key's Operational Risk Management organization. As subject matter expert, provide third party management expertise and support to second line of defense and Third Party Management and Procurement partners. The position is responsible for ensuring the third party program management aligns with KeyCorp's Operational Risk Policy, Third Party Management Policy, and regulatory guidance. Candidate must be proficient in third party risk, third party risk management regulatory guidance and able to perform effective challenge and oversight. Ability to develop customized reporting is preferred. Candidate must establish effective business relationships, display ability to interact and promote a good day-to-day rapport with first, second and third lines of defense stakeholders throughout the organization. Candidate must exhibit initiative, be able to identify needed enhancements to current processes, and help to implement change. ESSENTIAL JOB FUNCTIONS Provide Second Line of Defense third party risk expertise and support to Risk Management and Third Party Management and Procurement personnel Perform oversight activities throughout the third party risk management lifecycle, including reviews of strategic and reputation risk, communicate risk implications of contracts with material deviations, perform independent risk assessments, and maintain an understanding of Key's Enterprise Risk Program including risk and control standards Demonstrated awareness and ability to consider interconnections of risk disciplines and the impact on third party risk Evaluate trends and industry intelligence pertaining to third party risk Effectively collaborate with applicable stakeholders in all three lines of defense and maintain effective business relationships. Keep abreast of new and emerging industry rules, regulations, guidance, best practices, and trends. Effectively and professionally interact with senior management, regulatory agency personnel, internal legal counsel, internal risk review personnel as well as risk management peers. Participate in, and in certain situations lead, operational risk related projects, initiatives, working groups or other tasks as assigned to meet team objectives. Provide specialized authoritative advice and consultation on current and emerging third party risk regulatory requirements including proactively anticipating and responding to regulatory changes, assessing the impact to the LOBs, and assisting the LOB in responding to the change. Assist in the review, update and enhancement of operational and/or compliance risk management policies and procedure standards. Perform risk data analysis and/or develop customized reporting as requested. Develop and deliver training to the LOBs and/or peers on regulatory matters, operational risk policies and procedures, current industry practices, and risk and control standards. Respond to internal/external audits/examinations requests for information, assist in the evaluation of audit/examination findings and implementation of corrective action, and/or assist in responses to regulatory and legal inquiry/investigations. Assist with other tasks as required to ensure team objectives are achieved, even where outside usual area of responsibility. REQUIRED QUALIFICATIONS Undergraduate degree is required, advanced degree/s desired and would be a plus Minimum of 3-5 years of industry relevant experience and professional experience (e.g., risk management, audit, third party risk, operational risk, information security, etc.) Demonstrated knowledge of laws, regulations, regulatory guidance, and rules impacting the financial services industry Strong ability to work with all levels of management within the company Experience working/managing projects across m

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