Huntington Bancshares - Cleveland, OH
posted 5 months ago
The Consumer Credit Risk Management Director is responsible for developing, implementing, and enhancing the second line of defense in Credit Administration credit risk analysis for Consumer Lending. This role operates under the oversight of the overall Corporate Risk Management framework and is pivotal in evaluating and monitoring the consumer credit risk appetite, as well as identifying emerging opportunities and threats within the Consumer portfolios. The successful candidate will leverage credit risk evaluation and portfolio analytics to prepare and deliver engaging, forward-looking analyses to senior management, ensuring alignment with the bank's risk tolerances over the long term. This position requires interaction 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 for the portfolios, with a primary focus on identifying and managing emerging threats across all components of the credit lifecycle. This will be achieved through an enhanced credit risk Management Information System (MIS) framework, ensuring alignment with Risk Appetite and Credit Policy/Guidelines. 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. Additionally, the role involves communicating key risks, outlining risk positions, and presenting analytical findings with associated business implications to executive leadership at the Credit Policy & Strategy Committee and line of business credit committees. Participation in various peer risk governance meetings, including corporate-level governance or regulatory meetings/exams, is also required. The Director will effectively monitor Risk Appetite and Key Risk Indicator (KRI) tolerances and thresholds for credit metrics related to Consumer lending products. This includes governance of credit risk metrics and escalating risks as necessary to executive management or corporate risk partners, while fostering a cultural awareness of risk management practices within the organization. As a direct manager, the Director will oversee the Portfolio Risk Specialists and Junior Portfolio Risk Analysts, ensuring thorough and granular analyses using analytical and statistical tools to identify credit risk gaps and opportunities for optimizing portfolio performance. The role also involves developing the credit risk knowledge and analytical abilities of the Portfolio Risk Specialist/Analyst team by identifying leadership and growth goals for key talent. Serving as a Subject Matter Expert (SME) in Credit Risk, the Director will be part of cross-functional teams across the Bank, assisting with credit risk analysis for new product development initiatives to ensure that credit risk issues are adequately addressed. Other duties may be assigned as necessary.