Huntington Bancshares - Cleveland, OH

posted 5 months ago

Full-time - Senior
Cleveland, OH
1,001-5,000 employees
Management of Companies and Enterprises

About the position

The Consumer Credit Risk Management Director at Huntington Bank is a pivotal role responsible for developing, applying, and enhancing the second line of defense in Credit Administration credit risk analysis specifically for Consumer Lending. This position operates under the overarching Corporate Risk Management framework, ensuring that the bank's credit risk strategies align with its risk appetite and policies. The successful candidate will evaluate and monitor consumer credit risk, identifying emerging opportunities and threats within the Consumer portfolios. Utilizing credit risk evaluation and portfolio analytics, the Director will prepare and deliver insightful, forward-looking analyses to senior management, ensuring that the bank's long-term risk tolerances are met. In this role, the Director will collaborate with various internal risk management teams, including first line of defense teams, corporate risk functions, internal audit, and external regulators. Key responsibilities include providing comprehensive Credit Risk Management reporting and analysis, with a primary focus on identifying and managing emerging threats throughout the credit lifecycle. The Director will partner with the Consumer Credit Director and other risk leaders to create high-value analytics that proactively manage critical trends in the Consumer portfolios. Effective communication of key risks and analytical findings to executive leadership is essential, as is participation in various governance meetings and regulatory exams. The Director will also oversee a team of Portfolio Risk Specialists and Analysts, ensuring rigorous analyses are conducted to identify credit risk gaps and opportunities for policy optimization. This role requires a strong emphasis on developing the analytical capabilities of team members and serving as a Subject Matter Expert (SME) in cross-functional teams across the bank. Additionally, the Director will assist in credit risk analysis for new product development initiatives, ensuring that all credit risk issues are adequately addressed. Other duties may be assigned as necessary, making this a dynamic and influential position within the bank's risk management framework.

Responsibilities

  • Provide Credit Risk Management reporting and analysis for the portfolios, focusing on identifying and managing emerging threats across the credit lifecycle.
  • Partner with the Consumer Credit Director and other risk leaders to create high-value analytics for managing critical trends in Consumer portfolios.
  • Communicate key risks and present analytical findings with business implications to executive leadership at various committees.
  • Monitor Risk Appetite and KRI tolerances for credit metrics related to Consumer lending products.
  • Govern credit risk metrics and escalate risks to executive management or corporate risk partners as necessary.
  • Directly manage Portfolio Risk Specialists and Analysts to ensure thorough analyses using analytical and statistical tools.
  • Develop the credit risk knowledge and analytical abilities of Portfolio Risk Specialists and Analysts.
  • Serve as a Credit Risk SME in cross-functional teams across the bank.
  • Assist with credit risk analysis for new product development initiatives to address credit risk issues.

Requirements

  • 10+ years of progressive experience in credit strategy, credit analytics, or credit risk management for Consumer lending in the financial services industry.
  • 5+ years of experience leading, training, and coaching an analysis-oriented team.
  • Bachelor's degree in Business, Finance, or a similar quantitative discipline.
  • Experience developing presentations for executive and senior management to highlight risks and credit risk initiatives.
  • Strong communication and presentation skills, with the ability to translate analysis into clear strategies and policies.
  • Highly proficient in data management solutions (Oracle, SQL, Snowflake, SAS) and MS Excel, with experience in manipulating large data sets.
  • Ability to analyze large amounts of data quickly to draw conclusions using quantitative and qualitative data.
  • Experience with regulatory exams and direct communication with regulators regarding credit risk processes and strategies.
  • Experience operating at a strategic level as part of a senior management team.

Nice-to-haves

  • Master's degree in Business, Finance, or a similar quantitative discipline.
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