Location:

127 Public Square - Cleveland, Ohio 44114

Summer 2026 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 27, 2024 – AUGUST 7, 2024 

  

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.  

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. 

Risk Management 

Key Risk Management provides leadership on risk management strategies and initiatives for enterprise risk, credit, market and treasury, anti-money laundering, compliance, operational, and model risk as well as regulatory relations, 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: Anti-Money Laundering, Regulatory Office, Enterprise Risk, Operational Risk, Compliance, Credit Risk, Market and Treasury Risk, or Model Risk.  

Anti-Money Laundering

Responsible for taking a risk-based approach to manage Anti-Money Laundering (AML)-related regulatory obligations, as well as working to ensure compliance with AML rules including transaction monitoring to identify suspicious transactions or activity.

Regulatory Office

Serves as the liaison between KeyBank and our primary regulators (OCC, FRB, FDIC, CFPB), providing guidance on how to manage regulatory exams, supporting internal logistics of working with the various regulatory agencies and managing examiner interactions.

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 Key’s credit portfolios, analyzing the risk of borrower failure to meet their contractual obligations to repay debts in accordance with agreed upon terms.  

Market and Treasury Risk  

Responsible for monitoring and evaluating the risks affecting Key’s 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 models that are suited for their intended purpose, properly implemented and operate as intended. 

Qualifications 

Must have completed at least three years toward a four-year, undergraduate degree program with  focused coursework in finance, accounting, actuarial science, economics and/or data science (preferred), with an anticipated graduation in May 2027 or December 2026Outstanding academic achievement (minimum undergraduate 3.3 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 $2,000 Summer Internship Sign-on Bonus. 

KeyBank’s 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. 

Job Posting Expiration Date: 08/29/2025

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

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.