Quantitative Risk Modeling Lead

DescriptionQuantitative Risk Modeling LeadSummaryThe Quantitative Risk Modeling Lead is responsible for overseeing the development, implementation, and monitoring of advanced quantitative models for consumer and commercial credit, PPNR, loan origination, and portfolio management. This role requires a deep understanding of statistical modeling, machine learning, and risk management frameworks, along with strong leadership and project management skills. Duties and Responsibilities• Model Development:Lead the creation and enhancement of complex quantitative models for credit risk, PPNR, loan origination, and portfolio management.• Data Analysis:Oversee the analysis of credit portfolio performance data to identify trends, risks, and opportunities. • Model Monitoring:Ensure ongoing monitoring and validation of existing models, including reporting and analysis of results. • Advanced Model Building:Compile and process historical data, perform sophisticated data analysis using AI/ML tools, build and refine models using regression analysis and ML tools, and oversee implementation and production. • Research:Drive research initiatives to explore new modeling methodologies and techniques, staying abreast of industry advancements.• Collaboration:Coordinate with various teams to support governance, audit/compliance, and validation projects related to developed models. • Leadership:Mentor and supervise more junior modeling analysts, providing guidance and support to ensure high-quality model development and implementation through the performance of technical reviews. • Project Management:Manage multiple projects simultaneously, ensuring timely delivery and adherence to strict deadlines. • Performance Analysis:Conduct in-depth analysis of credit portfolio performance data, providing actionable insights to senior management.• Ad-Hoc Analytics:Lead ad-hoc analytics projects to address specific business needs and challenges. • OtherDuties:Perform additional duties as assigned, contributing to the overall success of the risk modeling team. Basic Qualifications• Master's degree in a quantitative field (mathematics, statistics, economics, engineering, finance, physics). • 5+ years of experience in statistical modeling using SQL, SAS, R, and Python. 5+ years of experience in machine learning and data mining. Preferred Qualifications• PhD in a quantitative field.• Extensive knowledge of CCAR/DFAST and CECL concepts and frameworks. • Proven ability to lead complex projects and supervise junior modeling analysts. • Deep understanding of loss forecasting, loan origination, and portfolio management modeling concepts (PD, LGD, EAD). • Exceptional analytical skills, comprehensive understanding of risk concepts and frameworks, strong communication skills, proficiency in MS Office products, and a solid grasp of economic concepts. • Demonstrated passion and drive for operational excellence and quality delivery.Exempt StatusYes – not eligible for overtime pay;No – eligible for overtime pay. Workplace TypeWorkplace Type: OfficeOur approach: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- $189,000 annual salaryThe 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 Employer. Tobacco-Free Hiring Practice:Visit Huntington'sCareer Web Site for more details. Note to Agency Recruiters:Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.#J-18808-Ljbffr Apply tot his job