Interest Rate Risk Production Manager

$120,000 - $150,000/Yr

KeyBank - Cleveland, OH

Full-time - Senior

Cleveland, OH

Credit Intermediation and Related Activities

About the position

The Interest Rate Risk Production Manager at KeyBank is responsible for overseeing the management and measurement of interest rate risk within the Asset and Liability Management Group of the Corporate Treasury Department. This role involves maintaining model assumptions, ensuring compliance with governance requirements, and producing presentation materials for various committees. The manager will utilize the QRM Framework for balance sheet modeling and collaborate with multiple teams to support interest rate risk analysis and reporting.

Responsibilities

• Manage interest rate risk by measuring exposure and suggesting hedging strategies.
• Create concise and clear presentation materials, simplifying complex topics and visualizing data.
• Assist with setting direction and priorities for the team, meeting production responsibilities while seeking out opportunities for continuous improvement and ad hoc analysis.
• Use the QRM Framework to model the balance sheet to support interest rate risk, funding, liquidity, and capital analysis.
• Facilitate modeling and analysis for quarterly/semi-annual/annual stress tests within the net interest income framework.
• Aggregate and test key model assumptions, including interest rate scenarios, prepayment assumptions and new business volume pricing.
• Assist data focused members of IRR Team in validating new data sources, and versions of the QRM Framework.
• Work with internal oversight groups including Model Risk and Corporate Treasury Oversight.
• Participate in the Treasury Strategy Committee.

Requirements

• Prior management experience
• Five or more years of diverse finance experience, preferably with exposure to banking
• Bachelor's Degree is required
• Excellent communication and internal partnering skills
• Familiarity with ALM cash flow modeling software such as the QRM Framework is a plus, but not required.

Nice-to-haves

• Strong curiosity about banking and Corporate Treasury activities
• Familiarity with ALM cash flow modeling software such as the QRM Framework

Benefits

• Base salary range of $120,000 to $150,000 annually
• Eligibility for short-term incentive compensation
• Deferred incentive compensation subject to individual and company performance
• Flexible work options including mobile or home-based work environment