Description

Summary:
Senior leadership role within the Corporate Operational Risk Management organization, which is responsible for the assessment and mitigation of identified risks related to funds movement. The Funds Movement Risk Director is responsible for overseeing and managing the risks associated with the movement of funds within the organization. This role involves developing and implementing risk management strategies, monitoring transactions, and ensuring compliance with regulatory requirements. The ideal candidate will possess a solid understanding of risk management principles and have a proven track record of leading high-performing teams. They will be responsible for identifying and mitigating risks associated with the movement of funds, collaborating with internal stakeholders to ensure seamless execution of business activities and communicating effectively to ensure successful outcomes.

Duties and Responsibilities:    

• Manages evolution and oversight of Huntington's risk management practices by using an enterprise framework and comprehensive approach specific to Huntington's business process.
• Risk Assessment: Conduct thorough risk assessments related to funds movement, including identifying potential vulnerabilities and developing strategies to mitigate risks.
• Policy Development: Develop and implement policies and procedures to manage funds movement risks effectively.
• Identifies metrics and key performance indicators to enable the measurement of execution; delivery; and process management risk in meeting business objectives.
• Monitors pertinent key risk indicators and investigates and reports on adverse movements or aggregation of risk across segments. validates alignment of risk appetite to tolerance thresholds.
• Assesses and recommends tools and techniques to automated information systems control verification processes.
• Presents and participates in Board; Executive; and Management level committees as assigned.
• Support the enhancement of ORM framework including the development of scorecards and dashboards.
• Collaborates with audit/business segment/corporate risk to assess quality and completeness of action plans and target dates.
• Identifies potential and emerging threats and vulnerabilities, and assembles risk scenarios to estimate the likelihood and impact of significant events to the bank.
• Engages in research, networking, and draws on industry experience to
• Gaining an in-depth knowledge of the Enterprise Risk Management System to support the Firm's overall ERM strategy and framework
• Key operational reporting for the Operational Risk Committee (ORC) and Primary Risk Assessment (PRA).
• Performs other duties as assigned.

Basic Qualifications:    

• Bachelor's degree
• 10 + years' experience in leading governance programs, including control automation, encompassing compliance, financial reporting, data governance, third-party risk, technology, cybersecurity, business continuity, and privacy.
•  Experience in either 1LOD or 2LOD Payments Risk.

 
Preferred Qualifications:    

• Masters' degree 

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:

$125,000.00 - $255,000.00 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.