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Job Description
- Req#: R-32439
- Oversee independent validation of model conceptual framework, assumptions, technical soundness, performance, and implementation against intended uses in compliance with regulatory expectations and Key’s Model Risk policies and guidelines.
- Manage validation timeline including resource allocation, quality, and efficiency
- Drive automation and enhancements to accelerate distribution of high-quality analysis and reporting.
- Actively coach and develop teammates to develop to strengthen technical skills, theoretical understanding, business acumen and domain knowledge.
- Effectively collaborate and partner at all levels of the organization within and outside of Model Risk promoting a human-centered and risk-based approach to AI adoption.
- Provide strategic consultation and thought leadership to senior / executive level business partners
- Ph.D. or Master’s degree (or its equivalent) in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines with extensive relevant model development/validation experience preferably within financial industry
- Expertise in both traditional Machine Learning (ML) and emerging artificial intelligence modeling methods (e.g., generative AI); practical experience in applied data science including cloud-based and distributed computing
- Business acumen with deep knowledge of banking regulations, rules, and applicable laws
- Strong research acumen; conducting in-depth literature reviews, monitoring cutting-edge academic and industry research to inform original analysis and bespoke validation methods
- Superior written and verbal communication skills; translate technical observations to a non-technical audience; communicate observations to senior executives
- A tested thought leader that can guide, advise, challenge, and influence at all levels of the organization and drive organizational impact
- People management experience preferred
Location:
For Those Who Work At Home - Various, North Carolina 28209ABOUT THE JOB (JOB BRIEF)
Reporting to the AI/ML Model Risk Senior Director who reports to the Chief Model Risk Officer reporting to the CRO, the Senior Data Science Manager is primarily responsible for leading a data science team to independently validate AI and machine learning models ensuring alignment with regulatory requirements, industry best practices, and KeyBank’s Model Risk policies, standards, and guidelines. This role is responsible for establishing expectations and rigor surrounding model validation practices, methods, and techniques with a focus on machine learning and emerging AI methods and applications. The Senior Data Science Manager acts as a leader, strategic advisor and thought partner to senior / executive level business partners supporting the evolution of a comprehensive risk framework for AI/ML models. This position is also responsible for cultivating a dedicated team of data science professionals to anticipate business needs, drive business objectives, and facilitate a risk-based and responsible approach to AI model development and adoption.
ESSENTIAL JOB FUNCTIONS
REQUIRED QUALIFICATIONS
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $125,000 to $190,000 annually depending on 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.
Please click here for a list of benefits for which this position is eligible.
Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.
Job Posting Expiration Date: 05/28/2025 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.
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About the company
KeyBank, the primary subsidiary of KeyCorp, is a regional bank headquartered in Cleveland and is the only major bank based in Cleveland. KeyBank is 25th on the list of largest banks in the United States. Key's customer base spans retail, small business, corporate, and investment clients.
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