Columbus, OH, 43201, USA
12 days ago
ALM Framework Modeling Analyst
Description We are seeking a Treasury Modeling Analyst who will be the intellectual owner of the team’s implementation and usage of tools and models for key areas of the bank’s balance sheet with statistical know-how and business sense. Duties and Responsibilities: + Work closely with appropriate product owners to deeply understand the business dynamics of our products + Develop models and assumptions that translate those real-world dynamics into mathematical representations of behavior. Our forecasts focus on account acquisition, loan prepays, rates paid/offered, and deposit balance retention. + Make and defend key trade offs between model accuracy and complexity, in line with the BSM team’s overall strategic objectives + Work closely with our BSM Production team to ensure models are appropriately implemented in our cash-flow forecasting engine (currently QRM) + Provide ongoing monitoring of models in adherence to our risk framework. In cases where model performance degrades, perform appropriate research to identify root causes, and recommend then implement fixes to bring models back within compliance + Be aware of changes in product management strategy, and maintain a perspective for when existing models conceptually diverge from their stated objectives + Perform other duties as assigned. Basic Qualifications: + Bachelor’s degree + Minimum of one (1) year of experience in the statistical techniques of time series, decay, and/or prepay models + Minimum of one (1) year of experience developing models in standard data management and statistical software (e.g., SQL, R, SAS, STATA, etc). Preferred Qualifications: + Masters or Ph.D. in a quantitative field (mathematics, statistics, economics, physics) + Documenting models for review by model validation units typical at banks >$50B in assets + With bank products and pricing, and typical risk management frameworks + Experience implementing models in Financial Services cash-flow forecasting engines, including QRM, Bankware, Empyrian, or others + Creativity and a willingness to provide a point of view even if that perspective is contrary to conventional wisdom + Excellent written and verbal communication skills, with experience explaining model results and limitations to non-technical audiences + Experience with Microsoft Office products, especially Excel 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’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. 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 Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basi
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