Retail CECL and CCAR Model Director

Huntington National Bank

  • Date Posted:

    1/16/2025 

  • Remote Work Level:

    Hybrid Remote

  • Location:

    Minnetonka, MN
  • Job Type:

    Employee

  • Job Schedule:

    Full-Time

  • Career Level:

    Senior Level Manager (Director, Dept Head, VP, General Manager, C-level)

  • Travel Required:

    No specification

  • Education Level:

    Master's Degree

  • Salary:

    175,000 - 200,000 USD Annually

  • Categories:

    Product Manager, Project Manager Jobs, Data Science, Banking Jobs

  • Benefits:

    Health Insurance, Life Insurance, Retirement Savings, Disability, Paid Holidays, Paid Time Off

About the Role

Location: Minnetonka United States

Job Description:

Description

Retail CECL and CCAR Model Director

The Retail CECL and CCAR Director will oversee development of models for use in CCAR and CECL. This includes residential mortgage, home equity loans and lines, indirect auto and RV/Marine, and other direct originated secured and unsecured consumer products.

The leader will serve as the primary representative to internal and external stakeholders, developing deep relationships with line of business leaders, Model Risk Management, regulators and auditors. It is paramount that the leader of the organization creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.

  • Manage a team responsible for the development of a broad suite of CCAR and CECL models. Model types include credit loss (PD,LGD, and EAD), payoff, and utilization models
  • Develop deep understanding of Huntington portfolios and serve as an expert in the appropriate design of modeling suites to cover the unique needs and circumstances of the Huntington portfolios
  • Represent results of CCAR and CECL processes to management committees and other stakeholders
  • Effectively utilize and lead a blended team of onshore and offshore colleagues
  • Lead research and design to maintain industry standard modeling practices and advancements to current state processes

Basic Qualifications:

  • Master's or PHD in a quantitative degree
  • 10 + years' experience working with model risk management, external audit and regulators within a large bank environment with experience in multiple software environments, to include SAS, python, or R.
  • Experience in the development of retail CCAR and CECL models. Specifically within an exploded panel, snapshot sampling, or super panel hazard modeling framework for retail products

Preferred

  • Experience across multiple retail product types
  • Clear communication skills to all levels of management (written and verbal)
  • Perform supervisory functions, including but not limited to, making employment decisions regarding hiring, promoting, demoting and terminating, conducting performance appraisals and coaching and developing staff.

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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:

$175,000-$200,000 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 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

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