Huntington National Bank
Quantitative Risk Modeling Analyst Sr
Huntington National Bank, Columbus, Ohio, United States, 43224
Overview
Job Title : Quantitative Risk Modeling Analyst Sr.
Organization : The Huntington National Bank
Location : 5555 Cleveland Ave., Columbus, OH 43231 Responsibilities
Support Corporate Risk Management and compliance operations by developing quantitative and predictive models needed to analyze risk management activities, including credit, legal, strategic, and reputational risk considerations. Conduct origination scorecard modeling including reject inferencing, develop strategy and supporting analytics for model use, set up ongoing performance monitoring of models and perform fair lending analyses. This includes both decisioning and pricing models. Provide quantitative support to manage risks associated with Huntington’s balance sheet and provide cross functional statistical support to different areas within our organization. Help develop models and techniques to facilitate the forecasting of credit losses for the Huntington balance sheet, including commercial and industrial lending, commercial real estate, and all types of consumer lending products, such as residential mortgage, home equity lines and loans, auto loans, recreational and marine loans, and credit cards. Gather and assemble/process data for model development including portfolio characteristics and relevant economic variables. Develop models using SAS and Python, including effective documentation of model development to meet standards set by the model governance group and external regulators. Shepherd developed models through model validation performed by an independent model risk management team. Interact with the line of business and other subject matter experts to gather model requirements and data needs. Perform testing of model implementation to ensure accuracy and work to remedy any issues. Mentor junior modelers within the Corporate Risk Management division. Qualifications
Master's Degree in Mathematics, Statistics, Economics, or related quantitative field. Two (2) years of model development experience, including current expected credit loss CECL, comprehensive capital analysis and review CCAR, or Origination Scorecard credit modeling. Experience must include use of statistical programming languages such as SAS, and experience in various stages of the model lifecycle including data cleaning, data analysis, model fitting, implementation, ongoing monitoring of performance metrics, and analysis of results. Additionally, experience applying econometric modeling techniques, including Through the Cycle and Point in Time design elements; model types such as Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD); and experience analyzing the cash flow of a loan including amortization, balloon payments, draw periods, and fixed vs. variable rate. Hybrid work schedule available for employees residing in the Central Ohio area. Tobacco Free Hiring Practice Huntington will not hire any candidate who uses tobacco or nicotine products. Exempt Status: Yes = not eligible for overtime pay; No = eligible for overtime pay. Workplace Type: Office. Our approach to office work supports flexible arrangements combining in-office and remote work; specific arrangements will be provided by the hiring team. Seniority level: Mid-Senior level. Job function: Finance and Sales. Industries: Banking, Financial Services, and Investment Banking. Huntington is an Equal Opportunity Employer.
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Job Title : Quantitative Risk Modeling Analyst Sr.
Organization : The Huntington National Bank
Location : 5555 Cleveland Ave., Columbus, OH 43231 Responsibilities
Support Corporate Risk Management and compliance operations by developing quantitative and predictive models needed to analyze risk management activities, including credit, legal, strategic, and reputational risk considerations. Conduct origination scorecard modeling including reject inferencing, develop strategy and supporting analytics for model use, set up ongoing performance monitoring of models and perform fair lending analyses. This includes both decisioning and pricing models. Provide quantitative support to manage risks associated with Huntington’s balance sheet and provide cross functional statistical support to different areas within our organization. Help develop models and techniques to facilitate the forecasting of credit losses for the Huntington balance sheet, including commercial and industrial lending, commercial real estate, and all types of consumer lending products, such as residential mortgage, home equity lines and loans, auto loans, recreational and marine loans, and credit cards. Gather and assemble/process data for model development including portfolio characteristics and relevant economic variables. Develop models using SAS and Python, including effective documentation of model development to meet standards set by the model governance group and external regulators. Shepherd developed models through model validation performed by an independent model risk management team. Interact with the line of business and other subject matter experts to gather model requirements and data needs. Perform testing of model implementation to ensure accuracy and work to remedy any issues. Mentor junior modelers within the Corporate Risk Management division. Qualifications
Master's Degree in Mathematics, Statistics, Economics, or related quantitative field. Two (2) years of model development experience, including current expected credit loss CECL, comprehensive capital analysis and review CCAR, or Origination Scorecard credit modeling. Experience must include use of statistical programming languages such as SAS, and experience in various stages of the model lifecycle including data cleaning, data analysis, model fitting, implementation, ongoing monitoring of performance metrics, and analysis of results. Additionally, experience applying econometric modeling techniques, including Through the Cycle and Point in Time design elements; model types such as Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD); and experience analyzing the cash flow of a loan including amortization, balloon payments, draw periods, and fixed vs. variable rate. Hybrid work schedule available for employees residing in the Central Ohio area. Tobacco Free Hiring Practice Huntington will not hire any candidate who uses tobacco or nicotine products. Exempt Status: Yes = not eligible for overtime pay; No = eligible for overtime pay. Workplace Type: Office. Our approach to office work supports flexible arrangements combining in-office and remote work; specific arrangements will be provided by the hiring team. Seniority level: Mid-Senior level. Job function: Finance and Sales. Industries: Banking, Financial Services, and Investment Banking. Huntington is an Equal Opportunity Employer.
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