What are the responsibilities and job description for the Resolution and Recovery Planning Analyst Sr. position at Huntington National Bank?
Description
Job Description
The Dodd-Frank Act of 2008 requires large banking organizations and certain other firms to periodically submit resolution plans to the Federal Reserve and the Federal Deposit Insurance Corporation. The Office of the Comptroller of the Currency (OCC) requires large insured national banks, federal savings associations and federal branches to prepare and submit Recovery Plans annually.
To facilitate this requirement, Huntington National Bank’s Recovery and Resolution Planning Office is seeking a Resolution & Recovery Planning Analyst to join the Resolution & Recovery Planning Team. The Resolution & Recovery Planning Office is responsible for the end-to-end development and delivery of Huntington’s resolution and recovery plans. In this role, the qualified candidate will assist the Resolution & Recovery Planning Manager with all facets of planning, execution, delivery, and maintenance of these regulator mandated programs.
These activities will include creating or sourcing information from teams across the organization and driving enhancements to our planning processes within a sustainable, automated, and well-controlled structure. The ideal candidate will be strategic, analytical and a strong communicator. The ideal candidate will be comfortable with an unstructured, changing environment; will possess strong problem-solving ability and attention to detail. A knowledge of financial statements and ratios is required.
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
$70000-$140000 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 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.
Job Description
The Dodd-Frank Act of 2008 requires large banking organizations and certain other firms to periodically submit resolution plans to the Federal Reserve and the Federal Deposit Insurance Corporation. The Office of the Comptroller of the Currency (OCC) requires large insured national banks, federal savings associations and federal branches to prepare and submit Recovery Plans annually.
To facilitate this requirement, Huntington National Bank’s Recovery and Resolution Planning Office is seeking a Resolution & Recovery Planning Analyst to join the Resolution & Recovery Planning Team. The Resolution & Recovery Planning Office is responsible for the end-to-end development and delivery of Huntington’s resolution and recovery plans. In this role, the qualified candidate will assist the Resolution & Recovery Planning Manager with all facets of planning, execution, delivery, and maintenance of these regulator mandated programs.
These activities will include creating or sourcing information from teams across the organization and driving enhancements to our planning processes within a sustainable, automated, and well-controlled structure. The ideal candidate will be strategic, analytical and a strong communicator. The ideal candidate will be comfortable with an unstructured, changing environment; will possess strong problem-solving ability and attention to detail. A knowledge of financial statements and ratios is required.
Duties And Responsibilities
- Development of resolution and recovery plans and construction and maintenance of Recovery and Resolution planning programs including drafting narrative, creating presentations and visual representations of data
- Project management, data collection and evaluation, collaborating with business lines, developing policies, and presenting findings to senior management and regulatory bodies.
- Ensure all regulatory requirements and associated legal guidance are fully incorporated in a sustainable and repeatable manner
- Be an active member of the resolution and recovery working group and lead workstreams and facilitate engagement with key internal stakeholders
- Understanding of resolution and recovery planning processes, and actively monitor industry practices to meet evolving regulatory expectations
- Implement process enhancements and leverage automation to enhance capabilities and support well-controlled processes
- Develop and maintain policies, procedures, and documentation supporting the plans, and provide tactical support for regulatory examinations
- Participate in the design and execution and assessment of program-level capabilities testing to ensure processes are operating effectively and meet regulatory guidance and expectations
- Develop and preparation of presentations to obtain approvals from senior management and board committees
- Collaborate with program teams, provide constructive feedback and recommendations intended to enhance quality of regulatory submissions
- Performs other duties as assigned
- Bachelor’s degree in business, accounting, or finance.
- 5 years of proven Financial Services experience in Resolution and Recovery Planning specifically.
- MBA, Master’s degree or relevant professional designation (e.g., CPA, CFA, FRM).
- An ability to effectively engage with assigned stakeholder groups to create a shared view of required deliverables and appropriate timeline for completion across a range of recovery and resolution topics
- Fundamental understanding of resolution and recovery planning requirements and experience with resolution and recovery plans and programs
- Experience leading cross-functional workstreams.
- Ability to multi-task effectively, be a self-starter, deliver to deadlines, handle stress with composure and professionalism, and move work forward with limited direction.
- Demonstrated strong written and verbal communication skills, including the ability to present ideas clearly and concisely while demonstrating confidence and competence in individual and group meeting situations.
- Demonstrated ability to quickly analyze situations and risks, determine paths of action, and execute flawlessly.
- Ability to collaborate, build credibility and foster teamwork.
- Experience with Workiva, WDesk, Visio, Sharepoint and Archer
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
$70000-$140000 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 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.
Salary : $70,000 - $140,000