Commercial Business Risk - Validation and Control Officer
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Location:
525 Vine StreetCincinnati,OH41 South High StreetColumbus,OH
- Reference Number: R0068193
Description
The Commercial Business Risk & Control Officer, Sr. will have responsibility for driving and overseeing key risk activities for the assigned Commercial Business Unit(s) (i.e., Corporate, Specialty & Government Banking; Commercial Real Estate; Middle Market Banking; Commercial Administration Services; Asset Finance; Capital Markets, etc.). Key risk activities include identifying, monitoring, measuring, mitigating, and reporting on the Business Unit’s risk and control environment. Initially, this position will cover Asset Finance Businesses.
This leader will take on additional responsibility for developing and managing centralized finding validation and control development functions.
This leader will be part of the Commercial Segment Risk Leadership team and will play a lead role in establishing the risk management strategy, execution model, and culture for the organization. Additionally, this position will support and manage a team of Segment Risk Specialists and Managers through direct or indirect reporting lines.
Duties and Responsibilities:
- Drives proactive risk culture and disciplined execution of strong risk management practices in alignment with Huntington’s overall risk culture and risk appetite
- Understands key business processes, products, and services; analyzes risk impact by pillar (Credit, Operational, Strategic, Reputation, Compliance, Market, and Liquidity); and advises strategies to effectively manage and monitor associated risk
- Develops strong relationships and effective collaboration with key stakeholders to drive implementation of risk management program and responsibilities
- Identifies and assesses impact of emerging and top risks, including internal and external factors, and advises on the development of monitoring approaches and mitigation strategies
- Completes risk and control self-assessments through qualitative and quantitative analyses of control effectiveness, residual risk, metrics, findings, risk acceptances, audit/examination results, and top and emerging risks by risk pillar in alignment with Enterprise Risk Management guidance
- Maintains detailed understanding of issues impacting the Business Unit and drives disciplined management of findings and action
- Leads or actively participates in governance forums including working groups, committees, enterprise programs, etc. to communicate Segment Risk points of view and to obtain perspective of corporate-wide goals and objectives
- Supports Business Unit(s) to prepare for, manage, and respond to Audit, Credit Review, Compliance and Regulatory reviews/examinations
- Assesses the impact of new or changed products, services, technology/systems, processes, or other initiatives to ensure alignment with Huntington’s risk appetite and governance processes such as the Products and Service Risk Assessment process
- Develops and manages First Line of Defense program for validating findings and issues
- Leads management of Commercial’s portfolio of controls, ensuring alignment with enterprise standards, strengthening control design, and optimizing control execution
Basic Qualifications:
- Bachelor's degree required in Business or related field
- 7+ years of progressively responsible experience in controls functions such as Line of Business Risk, Enterprise Risk, Audit, Credit Review, relevant operational or credit areas, or similar
Preferred Qualifications:
- Experience in finding/issue validation
- Deep understanding of control design and management
- Deep understanding of risk management practices
- Experience in standing up control processes for new businesses
- Demonstrated understanding of risk management across all pillars
- Proficient in Archer and Microsoft Office (Excel, PowerPoint, Word, Visio), including ability to present information in written form (slide decks, email, etc.)
- Knowledge of Commercial Banking products and processes
- Acts with a sense of urgency and effectively adjusts based on priorities
- Embraces and leads change and transformation through influence
- Able to navigate differing points of view and perspectives with professionalism and growth mindset
- Clear, concise, and organized communication appropriate for the intended audience
- Able to navigate ambiguity in organizations, processes, and requirements
- Able lead and support the growth and career development of colleagues
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Workplace Type:
OfficeOur 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 Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.