KeyBank is a financial services company that is seeking a Lead Quantitative Analytics Associate. This role is primarily responsible for developing and validating predictive and machine-learning models to meet specific business needs, leveraging advanced mathematical techniques and data analysis to provide actionable insights.
Responsibilities:
- Use traditional statistical methods and machine learning to develop, monitor, maintain, and implement models that address the right business need including CECL, Stress Testing, Account Management, Origination Scorecard and Macroeconomic Forecast
- Assess and challenge data preparation practices against established standards and model requirements, engage with data stewards to review data quality, traceability, and efficiency from a validation perspective
- Often responsible for large, complex problems that have broad implications and are less frequent
- Identify and articulate observations based on a structured assessment of context, interdependencies, and analytical outcomes, and evaluate their impact on model soundness, reliability, and business use Reviews deliverables; proactively coaches others on approach and work product
- Evaluate the appropriateness of analytical methods used and assess whether they are suitable and well justified for the given context
Requirements:
- Bachelor's degree (or its equivalent) in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 2 years of relevant experience; 1 with Master's or PhD
- Understanding of and ability to create data structures / transformations
- Identify and capture different types of information for business needs or necessary for analysis
- Data controls
- Hypothesis testing / root-cause analysis
- Leverage and anticipate considerations in implementation
- Advanced Microsoft Office Suite
- Traditional (e.g. Linear Regression, Logistic Regression) with the ability to design and optimize modeling evaluate, challenge, and validate model design, and performance testing
- Intermediate Python/SQL: Write and Read functions (Py) and Windows function (SQL)
- Understand Data Import and Joins
- Can build code controls and translate code into commentary
- Advanced modeling techniques, including machine learning methods (e.g., XGBoost, LightGBM, Random Forest), with the ability to design and optimize modeling evaluate, challenge, and validate model design, and performance testing
- Git: Can build strong code controls, Resolve Conflict, Work Collaboratively contributing to one Codebase
- Advanced Python/SQL: Write and Read Class and Unite Test, Write and Read Advanced Windows functions, Can build strong code controls and translate code into high-level commentary
- Understanding of and ability to leverage Cloud-based computing
- Understanding of and ability to leverage Distributed computing
- Agentic AI (LLM, MCP, RAG)
- Understanding of model use, requirements, and implementation needs
- Testing for deterioration and model health
- Fundamental concepts of Machine Learning
- How statistical measurements are used
- Ability to produce and identify information through statistical analysis
- Effectively explain model insights to peers and analytics community
- Identify preferred approach given the problem statement
- Understanding of Model Risk Management process and foundations
- Scale concepts of Machine Learning
- Advanced data techniques for modeling frameworks
- Leadership: Some self-direction, likely will need some guidance and supervision; Starting to anticipate possible business problems – improving something that already exists
- Partnering / Influencing: Developing relationship building and interpersonal skills; Partnerships and influence typically at peer or 'working group' level; Building influencing skills; demonstrated in area of expertise or assigned LOB
- Business Acumen: Understands business partner strategy and the business of banking at a high level; Asks the right questions; Understands upstream and downstream impacts
- Critical Thinking / Problem Solving: Demonstrates critical thinking; Analyzes, identifies and recommends appropriate solutions to moderately complex problems; Can translate data and answer the 'why' question; Starting to understand impacts / intersections with others
- Communication: Solid writing skills; Can cohesively present and organize information in support of findings and recommendations; Demonstrates confidence in communicating a message (typically narrow in scope); Can tell a compelling story with data and information; Emerging presentation development and delivery skills