What are the responsibilities and job description for the Quantitative Risk Modeling and Analytics Director position at Huntington National Bank?
Description
Summary:
The Quantitative Risk Modeling and Analytics Director manages a team of modelers responsible for strategic modeling related to the organization's risk management functions.
Duties And Responsibilities
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
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. 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 Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
Summary:
The Quantitative Risk Modeling and Analytics Director manages a team of modelers responsible for strategic modeling related to the organization's risk management functions.
Duties And Responsibilities
- Manage a team of modelers for risk management functions.
- Oversee the development of strategic models related to risk.
- Implement quantitative solutions within business practices.
- Collaborate with different departments to ensure effective model use.
- Develop and maintain quantitative risk models, collaborate with internal assurance functions (Model Risk Management and Validation, Internal Audit), Present models to committees and communicate with business lines, legal, compliance, and risk committees, remediate internal/external findings on a timely basis, determine when redevelopment or recalibration is needed based on market conditions, regulations, and strategy.
- Perform other duties as assigned.
- Advanced degree in a quantitative discipline such as Mathematics, Statistics, Economics, Finance, or related field.
- Minimum 10 years relevant experience
- Ph.D. preferred in a quantitative discipline such as Mathematics, Statistics, Economics, Finance, or related field.
- Clear communication skills to all levels of management (written and verbal)
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
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. 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 Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.