Quant Analytics Associate Market Risk

Cleveland, OH, US, United States

Job Description

Location:



127 Public Square - Cleveland, Ohio 44114



ABOUT THE JOB (JOB BRIEF)

Under direct supervision, the Quantitative Analytics Associate is primarily responsible for using statistics, advanced mathematical techniques, and/or computer science to support the development and validation of predictive and machine-learning models for specific business needs. The Quantitative Analytics Associate leverages advanced mathematical knowledge and analysis to provide solutions to predictive and prescriptive questions such as "What will happen next?" and "What will we do?". Projects undertaken by the Quantitative Analytics Associate are often broad in scope across multiple business segments and involve evaluation and testing on existing data with substantial team support. Success factors include: timely and effective completion of tasks assigned by manager under significant supervision; building functional knowledge in analytical programming languages, data literacy, and model development; developing communication skills, business acumen, and critical thinking; and establishing relationships with the working team.



ESSENTIAL JOB FUNCTIONS

Conduct quantitative analysis on large data sets with manager and team support

Identify common data errors and their impact

Employ basic best practices for evaluating large data

Answer key business questions through exploration and discovery

Find patterns or anomalies by building out visualizations

Execute basic diagnostics testing under supervision (e.g. performance testing, assumption verification and impacts of limitations)

Tests, under supervision, suitability / sufficiency for approach (e.g. representativeness)



REQUIRED QUALIFICATIONS

Bachelor's degree (or its equivalent) in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 1 year of relevant experience; 0 with Master's or PhD



DATA LITERACY

Understanding of:

Data wrangling including information documentation and importing data from different formats

Descriptive statistics, random variables, common distributions, outliers



Ability to consume, explore, and evaluate big data; can leverage this skill to inform business questions



TECHNOLOGY & TECHNIQUES

Advanced Microsoft Office SuiteNavigation, shortcuts, use and share spreadsheet documents



Python/R/SAS:

Perform IDE walk-through; shortcuts

Connect to data bases

Use functions such as classes, variables, lists, and classes

Program files, modules, and libraries



MODEL BUILDING & MAINTENANCE

Familiar with concepts and usage of Data Leakage, Training, Testing, and Validation Sets for model building

Able to perform basic diagnostics testing

Understanding of:

Foundational statistical / measurement concepts, methods, and techniques

Basic uses, scope, features, benefits, and risks of available modeling methods)



EXPECTED COMPETENCIES

Leadership:

Works under general direction / supervision; may work independently, but often needs ongoing guidance and support

Partnering / Influencing:

Limited business partner interaction - work typically assigned by manager; Developing relationship building ability and interpersonal skills; Engage and interact mostly with immediate team and peers; Developing influencing skills

Business Acumen:

Developing basic understanding of business partner strategy; Building financial acumen

Critical Thinking / Problem Solving:

Developing critical thinking skills; Can analyze simple issues with low complexity; Can give perspective to the team addressing basic business/analytical problems and challenges; Recognizes need to escalate issues in a timely manner

Communication:

Basic writing skills; beginning to develop ability to organize information in clear, consistent format; Typically needs assistance with articulating a clear, well-thought out message and formal delivery; Minimal skills in creating PowerPoint presentations; limited formal delivery



COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $68,000.00 - $103,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for 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:

12/14/2025



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, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

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.

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Job Detail

  • Job Id
    JD6102099
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    68000.0 103000.0 USD
  • Employment Status
    Permanent
  • Job Location
    Cleveland, OH, US, United States
  • Education
    Not mentioned