at Huntington National Bank in Chicago, Illinois, United States
Job Description
Description
Senior Market Risk Specialist
Summary:Huntington’s Corporate Risk Management organization is seeking a Senior Market Risk Specialist to join its Market Risk Oversight team. In this role, the candidate will be responsible for independent evaluation of market risk, monitoring of market developments and emerging risks, portfolio management, hedging review, scenario analyses, assumption reviews, in-depth analyses, internal and regulatory risk reporting, and segment risk/P&L interactions in a strong team-oriented working environment.
Duties and Responsibilities:+ Proactively monitor developments in interest rate markets, key economic indicators, and industry trends to identify emerging or material risks in a timely and effective manner
+ Study historical trends and expert viewpoints to develop market scenarios that guide risk management
+ Monitor investment portfolio performance, BOLI performance, and risk management / hedging transactions
+ Provide independent review and challenge for risk implications of market transactions
+ Provide effective challenge to management of Price Risk, rate risk outside interest income, rate risk management in business segments, etc.; lookout for any risk positions that need tighter governance
+ Assist in the development and implementation of analytical risk tools to provide insight into the firm’s market risk exposure
+ Develop understanding of overall Market Rate risk management including risk transfer within the Bank via Funds Transfer Pricing, and the P&L impacts of interest rate risk on various lines of business
+ Provide input for quarterly independent market risk assessments of interest rate and price risks
+ Coordinate creation of informative and impactful presentations for Committee meetings
+ Support ad-hoc high priority projects from Senior Management
+ Perform other duties as assigned.
Basic Qualifications:+ Bachelor’s Degree
+ 3+ years of experience in market risk analytics, quantitative modeling
Preferred Qualifications:+ Master’s degree in a quantitative field
+ Direct market and/or counterparty risk modeling experience
+ CFA or FRM designation
+ Knowledge of US regulatory market risk management framework
+ Experience in a regulated financial institution
+ Ability to communicate effectively with various stakeholders verbally and in writing on complex market risk subjects
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)Yes
Workplace Type:
Hybrid
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
