Risk Governance Specialist - Model Risk Management Governance

Risk Governance Specialist - Model Risk Management Governance

04 Oct 2024
Massachusetts, Westwood, 02090 Westwood USA

Risk Governance Specialist - Model Risk Management Governance

Description Risk Governance Specialist - Model Risk Management Model Risk Management (MRM) is part of the Corporate Risk Management of Huntington and is responsible for the independent oversight of models and non-statistical tools developed, acquired, and used by Huntington. These include Credit Loss Forecasting, Commercial and Retail Underwriting, Commercial and Retail Risk Rating, Treasury, Home Lending, Stress Testing, Fraud, BSA/AML, Capital Markets, Pricing, Hedging, Fraud Identification, Liquidity, Regulatory Reporting, and artificial intelligence/machine learning models.Model Risk Management professionals work closely with Model Validation Team, Model Developer, Model Owner, Segment Risk Officers, and various persons across the three lines of defense.Primary Responsibilities

Assists in maintaining the Bank-wide Model Risk Management program (MRM) aimed at ensuring models and related processes comply with internal policies and regulatory guidance, reflect best practices for their use and operations, and adhere to a strong control environment

Manages the MRM Model Inventory ensuring all models are captured in the inventory along with key attributes

Conducts certifications with both Model Owners and SRO to ensure complete and accurate information within the model inventory

Partners with the Archer Team to drive Archer update projects and testing, to ensure efficient management of the MRM program

Manages data in Archer and communicating to stakeholder the actions required

Creation and production of management reporting (ideally with a focus on enhanced and/or automated reporting from Archer or through tools such as Tableau)

Performs additional duties as requested by management

Basic Qualifications:

Bachelor’s degree in a Business, Accounting, Finance, Economics, Statistics, or additional 4 years of professional business experience within Risk Management, Accounting, Audit, Governance, Operational Risk, Compliance, Model Risk Management

3 to 5 yrs of professional business experience within Risk Management, Accounting, Audit, Governance, Operational Risk, Compliance, Model Risk Management.

Preferred Qualifications:

Knowledge at a level normally acquired through the completion of a bachelor’s degree in business, finance, or economics, or equivalent work experience with governance, compliance, or audit roles

Strong analytical and organizational skills including working knowledge and understanding of project planning and regulated environments

Knowledge of concepts, practices, and applications in risk management governance and controls

Certification or demonstrated intermediate level within Microsoft Office (particularly Excel, Power Point and Word)

Technical expertise working with platforms. Previous experience with Archer and Tableau a strong plus

Taking initiative, ability to work independently, and a strong work ethic

Effective interpersonal skills, both verbal and written, to research, create, and present reports and analyses

Requires close attention to detail to ensure the accuracy and integrity of information supplied to senior management and members

#LI-Hybrid#LI-DK1Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) YesWorkplace Type:HybridHuntington 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

Job Details

Jocancy Online Job Portal by jobSearchi.