Huntington National Bank

Quantitative Risk Modeling and Analytics Manager

Huntington National Bank$93K — $141K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in economics or a quantitative/statistics field required.
  • 5+ years of experience in statistical modeling using SQL, SAS, R, and Python.
  • Understanding of quantitative methods and modeling in the banking industry preferred.
  • Experience with statistical/econometric modeling platforms such as SAS, R, Matlab, or Eviews.
  • Strong written and verbal communication skills, capable of articulating complex concepts clearly.
  • Strong organizational skills with attention to detail.'
  • Ability to work collaboratively and independently, providing alternative viewpoints.

Responsibilities

  • Develop quantitative models and methods for credit risk optimization using SQL, SAS, R, and Python.
  • Assemble data for model development, pulling information from various loan systems.
  • Collaborate with data analytics teams to ensure data validity and compliance.
  • Manage external consultants in model development, guiding the output process.
  • Implement models for fair lending analytics and capital planning frameworks.
  • Lead analytics for credit portfolio management and oversee modeling analysts.
  • Utilize Oracle financial applications for transaction analysis when necessary.

Benefits

  • Health insurance coverage.
  • Wellness program.
  • Life and disability insurance.
  • Retirement savings plan.
  • Paid leave programs and paid holidays.
  • Paid time off (PTO).
Full Job Description
Description

This position will focus on quantitative techniques and model development to help support a variety of credit functions including credit modeling, PPNR modeling, fair lending analytics and provide quantitative support for other areas to help manage risks associated with Huntington's balance sheet. This position will drive the model framework to help support the CRB quantitative program and provide cross-functional statistical support to different areas within the Bank. The Quantitative Risk Modeling and Analytics Manager will lead the development of models and techniques to facilitate evaluation of risk and reward 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:

  • Develop quantitative methods and models using SQL, SAS, R, and python for optimization of credit risk across consumer and regional banking portfolios, including writing effective documentation to meet standards set by the model governance group.
  • Gather and assemble data for quantitative method and model development including loan characteristics from loan origination data sources as well as loan accounting systems.
  • Partner with data analytics teams to ensure the validity of data, identify non-compliance and make recommendations for corrective action.
  • Interact with outside consultants that may be used to develop models. Manage the process and help direct the final output.
  • Work with the internal partners to implement models within a framework to allow efficient and effective use of models for fair lending analytics, capital planning, and stress testing.
  • Lead analytic approaches for credit portfolio management and manage other modeling analysts responsible for CRB analytics.
  • Use Oracle financial applications and the corporate data warehouse in the development of portfolio and transaction analysis if necessary.
  • Performs other duties as assigned.

Basic Qualifications:

  • Minimum master’s degree required with an economics or other quantitative/statistics concentration, related field, or equivalent experience.
  • 5+ years of experience in statistical modeling using SQL, SAS, R, and Python

Preferred Qualifications:

  • Quantitative method and modeling experience in the banking industry.
  • Experience working with statistical/econometric modeling platforms (SAS, R, Matlab, or Eviews) and building statistical/econometric models.
  • 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:

$93,000.00 - $141,000.00 Annual Salary

The compensation range represents the anticipatedlow 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). 

About Huntington National Bank

Huntington National Bank Careers

Join the dynamic team at Huntington National Bank, a place where your career aspirations align with outstanding job opportunities. Our commitment to innovation, leadership, and professional growth makes Huntington an ideal environment for your ambitions to flourish.

Work You’ll Do

At Huntington, we empower our employees to master their career paths in the banking industry. As a member of our team, you will engage in meaningful work that directly impacts our clients and communities. With a focus on digital transformation and financial solutions, Huntington stands at the forefront of the banking sector.

Lead with Innovation and Leadership

Huntington National Bank is not just a bank; it's a pivotal platform for innovation and leadership in the financial industry. We offer a unique position in the marketplace that intersects financial services with cutting-edge technology and customer-centric solutions.

Explore Job Opportunities and Employment

Whether you're seeking your first job or you're a seasoned professional looking to transition, Huntington offers a range of employment opportunities. From entry-level positions to executive roles, our job openings cater to a diversity of skills and experiences.

Internship Programs

Kickstart your career with Huntington’s internship programs. These opportunities are designed to give you hands-on experience and insights into the banking sector, enhancing your resume and boosting your employability.

Benefits and Culture

At Huntington, we pride ourselves on a culture that supports diversity, inclusion, and professional development. Our benefits package is comprehensive, supporting not only your career growth but also your personal well-being and financial health.

Join Our Team

Be part of a team that values creativity, problem-solving, and collaboration. Huntington encourages a culture where innovation thrives, and diverse ideas are celebrated.

Networking and Professional Growth

Advance your career with unmatched opportunities for professional growth and networking. Huntington is dedicated to providing ongoing training and leadership programs that empower you to take your career to new heights.

Career Development

Invest in your future with Huntington’s career development programs. From diversity training to leadership workshops, we provide the tools necessary for you to succeed in your professional journey.

Stay Connected

Join the Huntington National Bank team today and discover how your career can prosper in an environment committed to your growth and success.

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Learn more about Huntington National Bank
Size
19,722 employees
Market Cap
$21 billion
Industry
Net Income
$817 million
Founded
1866
5 Year Trend
+11.5%
NASDAQ

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