Enterprise Counterparty Aggregation Team Director Position Available In Mecklenburg, North Carolina

Enterprise Counterparty Aggregation Team Director
remote type
Office
locations
Columbus, OH
New York, NY
Chicago, IL
Detroit, MI
Charlotte, NC
View All 9 Locations
time type
Full time
posted on
Posted 13 Days Ago
job requisition id

R0062209

Description

Key Responsibilities:

Counterparty Credit Exposure Aggregation:

Lead the team in aggregating and monitoring counterparty credit exposure across the entire institution, ensuring accurate and timely reporting.
Develop and implement strategies for effective aggregation, ensuringpliance with regulatory requirements such as Basel III and Dodd-Frank.

Risk Management & Analysis:

Work closely with risk management teams to assess and analyze counterparty credit risk and exposures across various asset classes and products.
Provide insight into credit exposure levels and proactively identify and manage risks associated with counterparties.
Utilize advanced analytics and modeling techniques to aggregate exposure and identify areas requiring further mitigation.
ing &

Regulatory Compliance:

Work closely with Finance to ensure that counterparty credit exposure is accurately reported in internal and external reports, including regulatory filings.
Prepare and present detailed reports to senior management and associated Risk and Finance Committees, as needed.
Stay updated on changing regulatory requirements and ensurepliance with credit exposure aggregation rules.

Strategic Planning & Improvement:

Develop and drive strategic initiatives to enhance the aggregation process, improving efficiency, accuracy, and scalability of systems and processes.
Lead projects to upgrade and enhance risk management infrastructure, including integrating new technologies for more effective exposure management.

Collaboration:

Work collaboratively with internal stakeholders including Credit Admin, Finance, and Data Office to ensure seamless integration of credit exposure data across theanization.
Engage with regulators and external auditors during reviews or examinations related to counterparty credit exposure and risk management.

Team Leadership & Development:

Lead and manage a team of credit risk/data professionals, fostering a culture of collaboration, innovation, and continuous improvement.
Provide training, mentoring, and career development opportunities for team members

Basic Qualifications:

Education:

Bachelor’s degree in Finance, Economics, Business, or a related field. Master’s degree or professional certifications (e.g., FRM, CFA) preferred.

Experience:

10+ years of experience in credit risk management, counterparty credit exposure, or related financial risk management roles within a banking or financial services institution.
Proven leadership experience, including team management and strategic project leadership.
Expertise in counterparty credit risk aggregation, financial regulations, and exposure management techniques.

Preferred Qualifications:

Strong knowledge of risk management systems, credit risk software, and financial modeling tools.
Advanced proficiency in Excel, and experience with coding languages such as Python or SQL is a plus.

Knowledge:

In-depth understanding of Basel III, Dodd-Frank, and other relevant regulatory frameworks.
Knowledge of counterparty credit risk modeling and management techniques.
Familiarity with stress testing methodologies and capital adequacy assessments.
Strong leadership and team management abilities
Exceptional analytical and problem-solving skills
Excellentmunication and presentation skills
Ability to collaborate across departments and manageplex projects
Deep understanding of credit risk exposure across various asset classes and trading activities
Ability to adapt to regulatory changes and ensurepliance

Exempt Status:

(Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes

Workplace Type:

Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’rebining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strongmunity, and do their best work. Remote roles will also have the opportunity toe together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$170,000.00 -$350,000.00 Annual Salary
Thepensation range represents the low and high end of the basepensation range for this position. Actualpensation 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 incentivepensation 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’s Career 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.