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Location: 127 Public Square - Cleveland, Ohio 44114 Qualitative Risk Assessment (QRA) is responsible for overseeing and conducting independent risk assessments of non-models and tools. Key uses non-models and tools (referred to collectively as non-model qualitative processes) to support its business functions, including estimating and managing risk exposure and losses, identifying idiosyncratic risk exposures, calculating risk-based pricing, and analyzing various business strategies. As part of its use of these non-model qualitative processes, Key is exposed to Qualitative Risk. Qualitative Risk is the risk to KeyCorp's earnings, capital, strategy, or reputation due to the misuse or failure of a qualitative process. As part of the Qualitative Risk Management Program, this risk is monitored and managed to ensure the ongoing accuracy, suitability, and reliability of Key's qualitative processes. Non-model qualitative processes use considerable business expertise and judgment, and generally require technical skills to build, implement, and manage them. Consequently, independent assessments are conducted to ensure that processes and methodologies used for non-models are meeting the requirements of the Non-Model Qualitative Process Standards. The Management Estimate Independent Review Team (MEIRT) is the second line of defense group that reviews all non-models and tools used in the annual capital planning process. More specifically, MEIRT performs the independent review and challenge of all non-models, tools, and idiosyncratic scenarios. The independent review and challenge conducted by MEIRT falls under the oversight of Qualitative Risk Assessment to ensure that MEIRT complies with the Non-Model Qualitative Process Review and Challenge Standards and Qualitative Risk Program. The Risk Analyst IV, MEIRT will conduct independent risk assessments to ensure that processes and methodologies used for non-models/tools meet the requirements of the Non-Model Qualitative Process Standards.Through a series of meetings, interviews, and research, the individual will apply the Non-Model Qualitative Process Review and Challenge Standards in the development of a formal, risk assessment report that contains a concise description of the assessment; and consists of a summary of the non-model use, scope, materiality, and supporting material to establish the approval conclusion. The individual will gather information from formal documentation on assumptions made, and methodologies/processes developed, to approve non-model qualitative processes and review results for reasonableness.The position will report to the MEIRT Leader and work closely with Financial Planning & Analysis (FP&A), Credit Risk, Market Risk, Model Risk, Capital Management, and Treasury teams. Remote work will be considered for the right candidate. ESSENTIAL JOB FUNCTIONS: Drive the development and completion of independent qualitative risk assessments of the assigned non-model qualitative processes to ascertain soundness of employed methodologies used to approximate, estimate control, or manage risk in accordance with the Non-Model Qualitative Process Review and Challenge Standards and Procedures. Interface on behalf of MEIRT with the Compliance, Credit, Enterprise Risk, Market Risk, Model Risk, Operational Risk, Capital Management, Treasury teams, and Financial Planning & Analysis in the administration of the Qualitative Risk Management Program, delivering presentations to these groups as needed. Partner with the Line of Business and other Risk teams to understand key business drivers in the assessment of the calibration of stress assumptions and risk drivers across risk types. Testing appropriateness of the controls designed for the data, methodology, and estimates applied to non-model qualitative processes. Able to identify gaps/limitations in non-model processes and methodologies. Able to monitor and confirm re