KeyBank

Risk Governance Manager- Credit & Lending

KeyBank$96K — $181K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; industry experience preferred
  • Experience in risk management or governance
  • Credit or lending knowledge in a Commercial Banking context
  • Experience in a highly regulated industry, preferably banking
  • Project management experience managing multiple workstreams
  • Ability to present to senior leadership
  • Advanced proficiency in Excel and PowerPoint; knowledge of Salesforce and Tableau desirable

Responsibilities

  • Support governance activities for the Commercial lending portfolio
  • Participate in risk assessments and governance reporting
  • Review and assess risk acceptance requests
  • Manage the Financial Sponsor review process and documentation
  • Implement the annual Financial Sponsor portfolio review process
  • Prepare monthly reviews for the Commercial loan portfolio
  • Serve as a liaison for regulatory exams and internal audits

Benefits

  • Hybrid work model with three in-office days per week for local candidates
  • Fully remote option for candidates outside the geographic footprint
  • Flexible workspace design promoting mobile work
  • Access to industry-related training and development opportunities
  • Eligibility for incentive compensation based on performance
Full Job Description
Location:
127 Public Square, Cleveland Ohio

Location: Cleveland, OH or Buffalo NY preferred.
  • Hybrid Requirement (if within specific cities): Selected candidate resides in Key Bank footprint are expected to work on-site 3 days per week at the nearest KeyBank office (non-branch location).
  • Remote Option: If the selected candidate lives outside of KeyBank's geographic footprint, the position will be considered fully remote.

JOB BRIEF (PURPOSE)

The Governance Manager - Credit & Lending serves as a key member of the first line Risk team within the Commercial Bank, with responsibility for executing and overseeing governance activities related to the Commercial lending portfolio, including Middle Market and Financial Sponsor relationships.

The role is accountable for establishing, managing, and enhancing governance processes that support sound credit risk management, regulatory readiness, and effective portfolio oversight. This includes partnering closely with business, risk, and control functions to support delinquency oversight, risk assessments, regulatory examinations, internal audits, portfolio reviews, and executive-level reporting.

The position requires a strong ability to translate data and risk insights into clear narratives, manage complex cross-functional initiatives, and provide credible challenge and oversight while enabling disciplined growth. The ideal candidate brings experience operating in a highly regulated lending environment, with strong project management, communication, and analytical capabilities.

ESSENTIAL JOB FUNCTIONS

  • Support governance activities tied to the Commercial lending portfolio, including oversight of delinquency trends, forecasting, and emerging credit risk themes
  • Participate in risk profile assessments, contributing analysis and business commentary for internal risk forums, leadership updates, and governance reporting
  • Review and assess risk acceptance requests related to Middle Market and other Commercial lending activities, ensuring alignment with risk appetite, policy requirements, and governance expectations
  • Manage the Middle Market Financial Sponsor review process, including:
    • Developing and maintaining review documentation
    • Facilitating sponsor review forums and governance discussions
    • Preparing summary materials and outcomes for leadership
  • Design and implement an annual Financial Sponsor portfolio review process, leveraging internal data and partnering with stakeholders to:
    • Build dashboards and reporting
    • Identify risk themes, concentrations, and trends
    • Deliver clear, executive-ready insights
  • Assist in the preparation and management of monthly and periodic business reviews for the Commercial loan portfolio
  • Synthesize large volumes of information into clear narratives, key takeaways, and actionable recommendations for senior leadership
  • Serve as a first-line liaison for regulatory exams, internal audits, and independent risk reviews related to credit and lending activities
  • Coordinate collection of documentation, responses, and evidence from business partners
  • Track and support remediation of findings, issues, and action plans related to governance or portfolio oversight
  • Partner effectively with business leaders, second line risk management, compliance, operations, and finance to enhance governance processes
  • Identify opportunities to improve oversight frameworks, reporting, and governance efficiency
  • Maintain strong awareness of regulatory expectations, internal policies, and industry trends impacting Commercial credit and lending activities


REQUIRED QUALIFICATIONS

  • Bachelor's degree required; industry experience preferred
  • Experience in risk management, first line of risk, governance, or risk oversight
  • Credit or lending knowledge within a Commercial or Banking environment
  • Experience working in a highly regulated industry, preferably Banking or Financial Services
  • Project management experience, including managing multiple workstreams and stakeholders
  • Experience supporting or interacting with regulatory exams, internal audits, or control reviews
  • Demonstrated ability to present to senior leadership and executives
  • Advanced proficiency in Excel and PowerPoint; experience with Salesforce and Tableau preferred
  • Proven track record of creating, implementing, and sustaining governance or oversight processes
  • Strong ability to analyze data, synthesize insights, and develop clear, concise narratives
  • Excellent communication skills
  • Strong organizational skills with the ability to manage competing priorities
  • Demonstrated ability to partner effectively, build networks, and influence across functions


PREFERRED QUALIFICATIONS

  • Prior experience supporting Commercial Bank or Middle Market portfolios
  • Familiarity with Financial Sponsor business models and portfolio monitoring
  • Experience with portfolio dashboards, risk metrics, or credit analytics
  • Exposure to risk governance forums, business risk committees, or portfolio review processes
  • Professional certifications related to risk, credit, audit, or project management (preferred, not required)

PHYSICAL DEMANDS
  • This role requires standard office-based physical activities such as sitting, standing, and working at a computer for extended periods.

TRAVEL/ DRIVING REQUIREMENTS
  • Minimal to no travel expected


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 either at a home office or in a Key facility to perform your job duties.

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 07/31/2026

About KeyBank

Shockingly, nearly 9-in-10 people who get their real estate license in America fail. We're solving that problem; And doing it while increasing profitability for the brokerage. Through technology, business automation, and a team approach we have created a system where agents focus solely on working with clients and closing deals.

KeyBank Careers

Joining KeyBank means stepping into a world of professional growth and innovation, where job opportunities abound in an environment that values leadership, diversity, and forward-thinking. As a member of our team, you will be part of a company that's committed to empowering your career journey while contributing to the financial wellness of our communities.

Work You'll Do

At KeyBank, we're not just in the business of banking; we're in the business of helping individuals and communities thrive. By joining our team, you will have the chance to be part of a culture that celebrates diversity and fosters leadership and professional development. Whether you're looking for a position in customer service, IT, finance, or management, KeyBank offers a variety of roles suited to your skills and career aspirations.

Innovate and Lead

KeyBank stands at the intersection of finance and innovation. Our employees are encouraged to lead with creativity and integrity, driving solutions that make a real difference. With a focus on digital transformation and sustainable growth, your work at KeyBank will challenge the status quo and encourage you to explore new ideas.

Grow Your Career

Career growth at KeyBank is not just a possibility—it's a priority. We are dedicated to your professional development through comprehensive training programs, leadership workshops, and continuous learning opportunities. Our commitment to your growth is matched by our dedication to inclusion, ensuring all voices are heard and valued.

Be Part of a Great Team

Our team at KeyBank is our strongest asset. We believe in using our collective skills to foster an environment of innovation and collaboration. Join us and connect with colleagues who are just as passionate and driven as you are. Through teamwork, we achieve exceptional results and push the boundaries of what's possible in the banking sector.

Internship and Employment Opportunities

For those starting their careers, KeyBank offers robust internship and employment opportunities that provide a solid foundation in the financial industry. Interns at KeyBank gain hands-on experience, beneficial networking connections, and insights into our day-to-day operations, setting the stage for a successful career.

Benefits and Culture

KeyBank is committed to offering benefits that enhance your life and well-being. From healthcare to retirement plans, and flexible working conditions, we ensure our employees are well taken care of. More than just benefits, our company culture is built on respect, integrity, and accountability—values that guide us in making a positive impact on our clients and communities.

Join Our Team

Explore the job opportunities at KeyBank and find the right fit for your skills and interests. We are continuously hiring and looking for individuals who are curious, innovative, and ready to make a difference. Prepare your resume, ace your interview, and join a team that's dedicated to your success and to transforming the landscape of banking.

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Learn more about KeyBank
Size
17,110 employees
Market Cap
$16 billion
Industry
Net Income
$1.3 billion
Founded
1825
5 Year Trend
+5.6%
NASDAQ

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