Location:127 Public Square, Cleveland OhioLocation: Cleveland, OH or Buffalo NY; Cleveland OH, 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.Open to those residing in the United States.Working within East coast hours requiredJOB BRIEF (PURPOSE)The Product Risk team within Commercial Bank is responsible for the governance and tactile execution of owning and managing risk, optimizing risk and return, and enabling sound growth with speed for the business. As part of this team, the Manager - Commercial Card and Merchant Risk has responsibility for assessing risk implications of new initiatives and enhancements to existing products, continuous improvement of the risk and control environment and maintaining oversight and reporting as required across Key’s Commercial Card, AP automation and Merchant Services products. This also includes understanding regulatory impacts, industry perspective and Key’s own risk policies. The role requires an individual who demonstrates the ability to influence others, build meaningful relationships across the organization, act with a sense of urgency, and has solid communication skills.ESSENTIAL JOB FUNCTIONSPartner with Product across Merchant Services and Card Issuing/AP Automation to assess the inherent risk of product changes, both for new development and enhancements to existing products and services and to develop an appropriate control environment to manage the business within Key’s risk appetiteCollaborate with line of business partners to identify opportunities or areas requiring enhancements to Key’s risk and control environment to proactively address regulatory or environmental changesPartner with 2nd line of defense risk management to maintain risk requirements in bank-wide policies and proceduresPartner with 1st line Product Management and Business development to assess the risk impacts of new initiatives and appropriate controls and procedures to mitigateDevelop awareness and understanding of risk framework throughout Commercial BankEstablish reporting leveraging internal data, benchmarks, and industry/regulatory guidanceMaintain and understanding of regulations, regulatory guidance and network rules impacting supported products, including changes and trends in regulatory policiesCreate presentations and present as requiredProvide assistance and support to internal partners around risk related issuesUse a continuous improvement mindset to improve risk identification, mitigation, and process efficacyREQUIRED QUALIFICATIONSEducationBachelor’s degree requiredWork ExperienceMinimum 5 years industry experience in Payments or similar industryMinimum 5 years Risk Management, within merchant services/merchant acquiring highly preferredDemonstrate an understanding of risk management best practice related to compliance, AML, credit, and operational risk within paymentsIssuing or Acquiring side experience with card networks and familiarity with card network rules (Preferred)Experience overseeing Fintech/SaaS vendor relationships (Preferred)Skills Excellent written and oral communication, interpersonal, and organizational skillsProven ability to build strong collaborative relationship with internal partners throughout the organization including business development teams, operations, compliance, and all other areas of riskEmbrace a client-focusedHave desire to work in a team environment and willingness to backup team members as neededBe self-motivated and results-oriented, with a positive mind-set work ethicBe able to function effectively under pressureProficiency with Microsoft Office software, including PowerPoint, Excel (pivot Tables, Etc.) and TableauCERTIFICATIONSCertified Anti-Money Laundering Specialist Certification (CAMS) (Preferred)Accredited ACH Professional Certification (AAP) (Preferred)COMPENSATION AND BENEFITSThis 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: 09/07/2026 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, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.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. #LI-Remote