2025 Summer Risk Management Internship Program – Cleveland

Location:
127 Public Square – Cleveland, Ohio 44114
Summer 2025 Risk Management Internship
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.
Program Duration: MAY 28, 2024 – AUGUST 8, 2024
What does our Internship Program offer?
Keys 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 ones full-time career to Key post college.
Interns are involved in a host of line of business specific projects that directly impact and benefit Keys 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 Keys competitive landscape, financial wellness, and professional development best practices, and an assigned mentor who shares knowledge, experience, and advice.
Risk Management
Key Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance, operational and model risk as well as portfolio management, quantitative analytics, and asset recovery activities.
About the Risk Management Internship Program
The Risk Management Intern Program is designed to build KeyBank risk professionals through training, work experience, cross-functional experience, and robust feedback and performance management. Interns are placed in a specific department in Risk Management and remain in that department for the duration of their internship. Upon successful completion of the program interns are eligible to be offered a full-time rotational analyst program position within the Risk Management department.
Job Responsibilities
Assess and monitor risk and controls
Opine on efficacy of control environment
Communicate opportunities for efficiency and process improvement
Data analytics and reporting
Working with various systems
Quality assurance and control testing
Credit analysis
Practical application of regulatory requirements
Opportunities for special projects will be determined based on performance and business
Internship placement areas may include: Enterprise, Operational, Compliance, Credit, Market, or Model, Qualitative Risk.
Enterprise Risk
Responsible for examining risk in a holistic manner, learning about all aspects of risk and interacting with all risk departments, aggregating risk, developing methodologies and identifying best practices for assessing and controlling risk.
Operational Risk
Responsible for examining the risk of loss resulting from internal human error or malfeasance, failed internal processes or systems, or external events.
Compliance Risk
Responsible for examining the risk of legal or regulatory sanctions, financial loss or damage to reputation KeyBank may experience as a result of a failure to comply with applicable laws, regulations, rules, or other regulatory requirements that are imposed on the banking/financial industry.
Credit Risk
Responsible for credit approval and risk oversight of Keys credit portfolios, analyzing the risk of borrower failure to meet their contractual obligations to repay debts in accordance with agreed upon terms.
Market Risk
Responsible for monitoring and evaluating the risks affecting Keys current or anticipated capital, income, cash flows or valuation of equity and portfolios, resulting from adverse movements in market rates or prices.
Model Risk
Responsible for ensuring Key employs approved and validated proprietary and vendor provided model