Description
Job Title: Model Risk Review Specialist II
Organization Name: The Huntington National Bank
Location: 37 W. Broad St., Columbus, OH 43215
Detailed Description
Perform model review and validation projects adhering to corporate policies and meeting regulatory standards. Provide critical analysis and effective thought process and challenges for models reviewed and validations performed by both internal and external parties. Communicate to model owners and business users by presentations describing the results of the review/ validation analyses, and recommend remediation strategy to address the findings. Establish and maintain independent model review and validation processes while adhering to overall business and regulatory guidelines. Write model validation report and conduct peer review. Work closely with business owners, model users and developers to understand the business context for model use, and facilitate the model approval process. Support lines of businesses to identify any modeling gaps, errors or oversights and recommend ways to address these issues. Identify emerging model risk issues impacting the company and communicate to model developers, senior management and the appropriate risk committee. Research quantitative strategies through research on solving problems related to credit, interest rate, market risk, economic capital or capital market valuation, and translate it through coding using R, Python, SAS, and EXCEL. Mentor junior modelers.
Job Requirements
Master's Degree in Mathematics, Statistics, Econometrics, or related quantitative field.
1 year of quantitative and statistical analysis experience, or 18 credits of graduate-level coursework or research involving quantitative and statistical analysis, including:
a. Quantitative and/or Statistical modeling;
b. Model diagnostics;
c. Error analysis; and
d. Functional programming using SAS, R, or Python.
Remote work from home options available.
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Hybrid
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