Associate Director, Middle Office Capital Markets

Description

Huntington Bank Associate Director, Middle Office Capital Markets will ensure accurate and compliant onboarding of clients Foreign Exchange (FX), Commodities (COM), and Interest Rate Derivatives (IRD) trading. Our new colleague will manage client documentation, reporting and scans along with performing control self-assessments and managing process documentation across the Capital Markets front office segments. 

Duties & Responsibilities:

  • Foreign Exchange (FX), Commodities, and Interest Rate Derivatives Onboarding (Reviewing documents, running numerous scans and profile checks for validate clients can proceed with trading
  • Perform credit updates, authorized representative updates, and miscellaneous updates and reviews of confirms, pricing, relationship manager changes
  • Providing clients with access to specific trading functions
  • Logging Credit Utilization reports and Daily Trader reports, checking Legal Entity Identifier (LEI) Report
  • Perform Office of Foreign Assets Control (OFAC) File Uploads for products (FX, IRD, COM) and OFAC Scans and Anti-Money Laundering (AML) Reporting and Control Tests
  • Understand International Swaps and Derivatives Association (ISDA) and process for greenlighting trade authorization
  • Perform procedure updates and develop, maintain and continually enhances a proactive operational and regulatory risk management program and related initiatives.
  • Identify, assess, communicate, and implement regulatory issuances.
  • Ensure the timely completion of all testing requirements in accordance with guidelines.
  • Lead the business segment in the timely remediation of issues.
  • Assists in fostering a risk awareness culture in the business segment.
  • Provides the business segment with sufficient information to ensure proper oversight.
  • Helps to communicate shared vision of the segment/division and establishes goals to assure the vision is realized.

Basic Qualifications:

  • Bachelors degree in Finance, Business or related field.
  • 5 or more years of experience in derivatives onboarding, compliance, or risk management.

Preferred Qualifications:

  • Strong understanding of FX, COM, Interest Rate Derivatives (IRD) products and ISDA documentation.
  • Familiarity with OFAC, AML, and regulatory frameworks.
  • Excellent analytical, organizational, and communication skills.

#LI-ME1 #LI-Onsite


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:

$70,000 - $140,000 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.