Senior risk analyst job description

Job Title: Quantitative Risk Modeling Analyst Sr.
Organization Name: The Huntington National Bank

Detailed Description
Support Corporate Risk Management and compliance operations by developing models needed to analyze risk management activities, including credit, legal, strategic, and reputational risk considerations. Individually or as a project team leader, conduct credit modeling on consumer and/or commercial portfolios for Current Expected Credit Losses (CECL) forecasting and Comprehensive Capital Analysis and Review (CCAR) stress testing. Support CCAR pre-provision net revenue modeling and fair lending analytics. Perform data collection, analyze credit portfolio data, monitor model ongoing performance, and prepare effective model documentation to meet standards set by the model governance group and external regulators. Provide quantitative support to manage risks associated with Huntington's balance sheet and provide cross-functional statistical support to different areas within our organization. Research new Machine Learning (ML) and Artificial Intelligence (AI) modeling methodologies and techniques.

Job Requirements
Master's degree in Statistics, Mathematics, Quantitative Economics, or a related quantitative field. Expertise and knowledge of model development as demonstrated by 12 months experience, 18 graduate credit hours, or graduate/thesis research including each of the following areas: Data identification, querying, cleaning, and processing; Quantitative and/or Statistical model building; Diagnosing model results and creating comprehensive model documentation; and, Functional programming using SAS, R, SQL, or Python. Remote work from home available during pandemic.

Additional Details

Tobacco Free Hiring Practice: To demonstrate our commitment to health and wellness, where permitted by applicable state law, Huntington will not hire any candidate who uses tobacco or any nicotine product including, but not limited to, cigarettes, cigars, pipes, smokeless tobacco, chewing tobacco, snuff or snus, nicotine gum, the nicotine patch or any other kind of nicotine replacement product. Candidates applying for positions in those states will be notified of this practice during the recruitment process and asked to affirmatively acknowledge that they do not currently use nicotine products as part of the application process. Any candidate who cannot, or otherwise declines, to provide the acknowledgment will not be considered for employment.

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

Job Description Role Summary/Purpose:
The selected candidate will be a Senior Analyst on the Risk Analytics Team in India, that rolls up into Synchrony Financial India. The candidate will be responsible for using analytics and innovation to support the development of data driven solutions that yield efficiencies and enhanced effectiveness across the organization. This role will also be responsible for becoming a functional expert, while collaborating with Synchrony Process Owners including VPs.

Essential Responsibilities:
Develop, execute, collaborate, communicate, and drive data driven solutions and results across any of the analytics pillars that include Risk Testing, Compliance, Operational Risk and First Line Process Oversight.Provide thought leadership to influence leadership across sites to drive analytics-based process improvements, insights, and actions.Become a data SME and an Analytics Athlete that includes end to end functional learning, leveraging most data warehouses and applying the necessary tools for each solution that includes automation, visualization, machine learning, and data mining.Innovate data driven solutions by working with the Risk Analytics team lead and team members along with customers across both the first and second lines of defense by leveraging the latest analytical tools and technologies.Document project requirements, execution, and completion to report out to the Risk leadership and the business.Work with our customers to de-risk Synchrony through analytical oversight and review of end to end processes utilizing data and effective challenge to ensure key objectives and risks are accurately connected in a meaningful manner.Interact and present key data driven updates and key initiatives to the leaders across both the first and second line of defense.Participate in the Risk Engagement Strategy process that will develop and drive improvements across the Risk Team.Perform other duties and/or special projects as assigned.

Qualifications/Requirements:
Bachelor's Degree in any stream Minimum 2+ Years of Analytics experience Solid working knowledge of SAS, SQL or other coding tools Strong written/oral communication skills.Proven ability to deliver Analytical solutions for Business problems For Internal Applicants: Understand the criteria or mandatory skills required for the role, before applying.Inform your Manager or HRM before applying for any role on Workday.Ensure that your Professional Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format) Must not be any corrective action plan (First Formal/Final Formal, PIP) Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.Existing Level 5,6 & 7 are eligible to apply, will be considered for Level 8 if selected

Desired Characteristics:
Credit card analytics experience Exposure to R, Python, Tableau and Machine learning tools.

Grade/Level: 08

Job Family Group:
Risk Management

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown's Risk Solutions, formerly known as Beecher Carlson, is looking for a Senior Risk Analyst to join our Transactional Risk Team on the Private Equity | Family Office | Mergers & Acquisitions (PEFMOA) Practice in Atlanta, GA; New York, NY; or remotely.

The Practice specializes in pre-closing diligence, commercial insurance and employee benefits placement, aggregated insurance platforms, and transactional risk solutions to large and middle market private equity firms, infrastructure funds, alternative asset managers, and corporate clients.

The Senior Risk Analyst will support the PEFOMA team by working on Transactional Risk placements, specifically R/W assignments.
Responsibilities include, but are not limited to:

Prepare submissions for Transactional Insurance Products, including arrange for execution of NDAs between the client and the carriers, collecting underwriting information, drafting submission cover letters, and discussing submissions with underwriters. Prepare summaries of NBILs with an emphasis on understanding and being able to explain the merits and limitations of different carrier proposals. Understand and assist with negotiation of policy forms and collection and dissemination of underwriting follow-up information. Maintain current information on the market for Transactional Insurance, including appetite for industries, transaction size and other requirements. Prepare and coach clients and advisors on Underwriting Call strategies. Pulls and analyzes claims data to guide renewal discussions. Review accuracy of all policies, changes/endorsements, audits, and other documents and assist in delivery of such documentation to clients. Assist clients and carriers with day-to-day email, phone, fax and mail requests for policies, endorsements, audits, certificates and/or auto id cards, accounting/billing, coordination of claims/loss control services. Work collaboratively with client executive and/or client manager in the marketing process including preparation of all necessary applications, submissions, proposals, presentations, and service plans for clients. Attend any required training sessions, courses, etc. to maintain up to date skills and licensing requirements. Attend and conducts carrier meetings/functions as requested Maintain appropriate level of confidentiality and follow company policies and procedures.



QUALIFICATIONS:


1 to 3 years of experience in commercial insurance, transactional risk experience preferred Business degree including but not limited to Risk Management, Finance, Accounting and Marketing Working knowledge of business office practices and procedures. Ability to establish work priorities and manage time effectively. Ability to work independently as well as in a team environment. Able to accept responsibility and stay focused under pressure Excellent customer service and interpersonal skills.



COMPENSATION & PERKS:


Excellent growth and advancement opportunities Competitive pay based on experience Discretionary time off Generous benefits package: health, dental, vision, etc. Employee Stock Program Education Assistance Program - tuition reimbursement, student loan repayment assistance, etc.


Delivering integrated insurance and risk management solutions to some of the largest and most respected companies in the world, Brown & Brown's Risk Solutions team aims to create value beyond placing your insurance. Our team challenges the status quo with our proprietary methodologies and tools to help optimize the way you identify, quantify, mitigate, and finance risk. Using evidence-based insights, our team will help you better understand how different risk management decisions could impact your business

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.