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2025 Summer Key's Technology, Operations & Services (Business Risk & Controls Track) Internship - Remote

KeyBank
United States, Ohio
Sep 25, 2024

Location:

For Those Who Work At Home - Various, Ohio 44144

Summer 2025 Key's Technology, Operations & Services (Business Risk & Controls Track) Internship- Remote

If you are interested in more than one KeyBank Internship opportunity, please consider applying for your top 3 internship roles within 12 months to ensure you are not duplicating efforts and obtaining the best candidate experience.

What does our Internship Program offer?

Key's Enterprise Internship is a 10.5-week program that provides meaningful work that matters, offers feedback and coaching, and creates engaging events and conversations that will spark excitement and interest in bringing one's full-time career to Key post college.

Interns are involved in a host of line of business specific projects that directly impact and benefit Key's business and strategic pillars. The program includes networking with Key teammates across all levels of the organization, a series of Learning Labs where internal and external speakers provide insight on Key's competitive landscape, financial wellness, and professional development best practices, and an assigned mentor who shares knowledge, experience, and advice.

Business Risk and Controls

The Business Risk and Control (BRC) organization's mission is to balance risk and reward by effectively collaborating with and supporting lines of business to proactively identify, measure and manage risk, in a dynamic business and regulatory environment. One area within the BRC, the BRC Business Process Risk Identification (BPRI) team facilitates execution of an enterprise operational risk program focusing on enhancing visibility of end-to-end processes, enabling sustainable risk and control assessment processes, and identifying potential areas for enhancement. Another area within the BRC is the Centralized Testing Team (CTT). The CTT is primarily responsible for the completion of Risk and Controls Assessment (RCSA) testing with various lines of business across the organization. Team members are responsible for first line of defense risk management support for assigned line(s) of business, including the identification, measurement, and management of risk, and the development and implementation of sustainable controls.

About the Business Risk and Controls Internship Program

Our summer internship program allows you to work alongside Business Risk and Controls experts within KeyBank. The internship provides an opportunity to gain hands-on working knowledge of business processes mapping and evaluation of risks and/or controls that support process execution. Our internship will equip you with the skills to collaborate with business process owners and risk partners to achieve results aligned with comprehensive business process risk identification and analysis, while gaining knowledge related to the financial services regulatory environment by collaborating with the risk partners and process owners. Upon successful completion of the program interns are eligible for consideration for the Risk Management rotational analyst program.

Job Responsibilities

  • Manage and prioritize multiple assignments in a fast-paced, dynamic environment to create value and achieve stated goals and objectives
  • Effectively utilize written and verbal communication to summarize status, results, obstacles, and solutions to BRC Team leadership
  • Build and sustain positive working relationships with line of business and risk partners
  • Develop an understanding of business processes and associated risks and controls within supported business processes/functions within one or more lines of business
  • Communicate opportunities for efficiency and process improvement
  • Opine on efficacy of control environment
  • Practical application of laws and regulatory requirements
  • Collaborate with BRC Team and line of business partners to identify and document risks and controls within end-to-end business processes
  • Apply critical thinking skills to support the evaluation of recommendations on business process design and/or associated risks and controls
  • Independently gather information from source systems to support accurate identification and documentation of risks and controls, including identification of potential opportunities to enhance risk and control design
  • Gain a strong understanding of risk management requirements related to the Risk and Control Self-Assessment (RCSA) program
  • Test controls across all Banking Group risk areas
  • Perform quarterly assessments of testing, while appropriately escalating any testing exceptions or unsatisfactory controls, as needed
  • Regulatory reporting
  • Provide support on special projects, as assigned

Qualifications

  • Graduating with a four-year degree or graduate level degree by May 2026 with focused coursework in finance, accounting, economics, Risk Management and/or data science (preferred)
  • Outstanding academic achievement (minimum 3.0 GPA)
  • Demonstrated leadership and teamwork from past work experience and/or extracurricular activities
  • Bring solid analytical, problem solving, communication and presentation skills
  • Proficiency in Excel and PowerPoint

Compensation and Benefits

This position is eligible to earn an hourly rate of $23 per hour. Compensation also includes a $2000 Summer Internship Sign-on Bonus.

KeyBank's Campus Program Internship and Analyst positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.

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.

COMPENSATION AND BENEFITS

This position is eligible to earn an hourly rate of $23 per hour. Compensation also includes a $2000 Summer Internship Sign-on Bonus.

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: 10/11/2024

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

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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