Quantitative Risk Modeling Analyst Sr

Huntington National Bank; Pittsburgh (Allegheny County); On-site; USD 93,000 - 189,000; Full time

Job summary

Huntington National Bank is seeking a Quantitative Risk Modeling Analyst Sr in Pittsburgh. The role focuses on developing and analyzing credit models, requiring a Master's degree and expertise in statistical modeling and machine learning. This position is ideal for individuals with a strong quantitative background and analytical skills.

Benefits

Health insurance coverage

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave programs

Paid holidays and PTO

Qualifications

• Master’s degree required, PhD preferred.
• 3+ years of experience in statistical modeling.
• Experience using SQL, SAS, R, and Python.

Responsibilities

• Development of credit and portfolio management models.
• Conducting ongoing monitoring of existing models.
• Analysis of credit portfolio performance data.

Skills

Statistical modeling

Machine learning

Data mining

SQL

SAS

R

Python

Analytical skills

Communication skills

Education

Master’s degree in quantitative field

PhD in quantitative field

Tools

MS Office

Job description

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Join to apply for the Quantitative Risk Modeling Analyst Sr role at Huntington National Bank

Summary:

The Quantitative Risk Modeling Analyst Sr responsibilities to include, but not limited to the following:

• Development of consumer and/or commercial credit, PPNR, loan origination and portfolio management models individually or as a project team leader.
• Analysis of credit portfolio performance data.
• Conducting ongoing monitoring of existing models.
• Analysis and reporting of ongoing monitoring results.
• Ability to work independently on projects with strict deadlines.
• Researching new modeling methodologies and techniques.
• Working with various team within the firm to support governance, audit/compliance and validation projects related to the developed models.
  
  
  

Description

Summary:

The Quantitative Risk Modeling Analyst Sr responsibilities to include, but not limited to the following:

• Development of consumer and/or commercial credit, PPNR, loan origination and portfolio management models individually or as a project team leader.
• Analysis of credit portfolio performance data.
• Conducting ongoing monitoring of existing models.
• Analysis and reporting of ongoing monitoring results.
• Ability to work independently on projects with strict deadlines.
• Researching new modeling methodologies and techniques.
• Working with various team within the firm to support governance, audit/compliance and validation projects related to the developed models.
  
  
  

Duties & Responsibilities

• Development of consumer and/or commercial credit, PPNR, loan origination and portfolio management models which includes compilation and processing of the historical data, data analysis using AI/ML tools, model building using regression analysis and ML tools, implementation and production.
• Conducting ongoing monitoring of existing models.
• Analysis and reporting of ongoing monitoring results.
• Analysis of credit portfolio performance data.
• Ad-Hoc analytics.
• Performs other duties as assigned.
  
  
  

Basic Qualifications

• Master’s degree in quantitative field (mathematics, statistics, economics, engineering, finance physics)
• 3+ years of experience in statistical modeling using SQL, SAS, R and Python that may be a combination of work experience (at least 1 year) and study project.
• 3+ years of experience in machine learning and data mining
  
  
  

Preferred Qualifications

• PhD in quantitative field
• Knowledge of CCAR/DFAST and CECL concepts and frameworks
• Ability to lead the complex project and supervise junior modeling analysts
• Knowledge of loss forecasting, loan origination and portfolio management modeling concepts and methodologies (PD, LGD, EAD)
• Demonstrated strong analytical skills
• Fundamental understanding of risk concept and framework
• Strong communication skills
• Proficiency in MS Office products
• Fundamental understanding of economic concepts
• Passion and drive to operational excellence and quality deliver
  
  
  

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.

Compensation Range

$93,000 - $189,000 annual salary

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation 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 incentive compensation 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking, Financial Services, and Investment Banking

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