Job Information
Huntington National Bank Quantitative Risk Modeling Sr. Analyst in Cleveland, Ohio
Description
Huntington National Bank has a new opportunity within Corporate Risk Management for a Quantitative Risk Modeling Analyst Sr . This position will join an existing team of modelers focused on model ongoing monitoring to help support a variety of Risk Management functions including credit modeling, PPNR modeling, fair lending analytics and provide quantitative support for other areas to help manage risks associated with Huntington's $100 billion balance sheet. This position will help drive the model framework to support the quantitative program and functions identified above and provide cross-functional statistical support to different areas within the Bank. The Quantitative Risk Modeling Sr. Analyst will lead the development and implementation of ongoing monitoring, provide root cause analysis for any ongoing monitoring breaches, and remediate findings related to a models ongoing monitoring across a variety of lending products. The role will also work with a larger team that is responsible for forecasting key elements of Huntington's balance sheet and income statement as part of our annual capital planning activities which includes both commercial and consumer assets and liabilities.
Duties and Responsibilities:
Model ongoing monitoring development for consumer and/or commercial credit, PPNR, loan origination and portfolio management models.
Work with the internal partners to develop and implement models ongoing monitoring plans.
Analysis of credit portfolio performance data.
Conducting ongoing monitoring of existing models.
Analysis and reporting of ongoing monitoring results, including root cause analysis for any monitoring breaches.
Ability to work independently on projects with strict deadlines.
Researching new modeling monitoring methodologies and techniques.
Working with various team within the firm to support governance, audit/compliance and validation projects related to models.
Interact with outside consultants that may be used to develop models.
Performs other duties as assigned.
Basic Qualifications:
Minimum Master's degree required with an economics or other quantitative/statistics concentration.
3 + years of modeling experience that includes experience with credit models.
Knowledge of loss forecasting, loan origination and portfolio management modeling concepts and methodologies (PD, LGD, EAD)
Preferred Qualifications:
Modeling experience in the banking industry.
Experience working with statistical/econometric modeling platforms (SAS, R, Matlab, or Eviews) and building statistical/econometric models.
Knowledge of CCAR/DFAST and CECL concepts and frameworks
Ability to lead the complex project and supervise junior modeling analysts
Excellent written and verbal (face-to-face and phone) communication skills including professional grammar and demeanor.
Ability to interact with various levels of management and external regulators with the ability to communicate complex calculations into language that is clear and concise.
Work well with others but yet willing to offer a point of view that may be contrary to conventional wisdom.
Excellent PC software skills including all Microsoft Office Products.
Strong organizational skills with attention to detail.
Ability to multi-task.
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range:
$70,000-$140,000 annual salary
The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Huntington National Bank
-
- Huntington National Bank Jobs