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Balance Sheet Management Director in Columbus at Huntington

Date Posted: 10/8/2018

Job Snapshot

Job Description

Brief Description:

As a Director of Balance Sheet Management you will be responsible for managing the asset liability management functions and related risks for the corporation. Responsibility for directing all measurement and analysis of interest rate exposures. Develops balance sheet strategies which achieves and optimizes the corporation's net interest income and capital targets within acceptable risk levels. Develops forecasts of net interest income under various economic scenarios and recommends strategies to executive management to achieve targeted income levels. Ensures interest rate risk modeling assumptions are accurate, reasonable and appropriately documented. Recommends model adjustments/changes, ensuring modeling capabilities are sufficient for the organization and analysis is consistent with industry best practice standards. Works closely and effectively with the segment CFOs and support leaders to understand key business strategies, business trends, and product promotions. Communicate with regulators, internal auditors, and the risk segment regarding key asset/liability management issues. Manage team of highly skilled professionals, managing work flow and tasks, and measuring and driving performance

Detailed Description:

  • Manages the measurement and analysis of all interest rate risk for the corporation. Responsible for analyzing and forecasting interest rate risk and liquidity measures.
  • Directs balance sheet strategy decision making by recommending to executive management balance sheet strategies to achieve stable net interest income while reducing interest rate risks.
  • Directs monthly and quarterly analysis of the net interest margin of actual vs. forecast highlighting areas of performance and concerns
  • Develops economic studies which are used to determine most likely outcomes of the corporation's financial performance in a variety of economic scenarios and recommends strategies to reduce adverse scenarios. Develops monthly scenario analysis depicting the balance sheets' earnings and risk using alternative strategies.
  • Participates in corporate pricing committees (retail/wealth/commercial) on pricing matters to ensure the margin is stable and financial goals are achieved.
  • Direct and monitor ALCO modeling governance processes to ensure correct application of analytic theory, methodology, assumptions and accurate behavior.
  • Supports the Treasurer and CFO with M&A analysis and various ALM projects

Basic Qualifications:

  • Bachelor degree in Accounting, Economics, or Finance
  • Minimum 10-15 years asset-liability management experience in a major financial institution, including the supervision of staff associates.

Preferred Qualifications:

  • MBA, CFA, or MS Degree in Finance strongly preferred.
  • Extensive knowledge of capital markets, deposit pricing and customer behavior modeling.
  • Excellent communication skills and an ability to present findings on complex issues clearly to internal clients including management, both written and orally
  • Strong organizational skills combined with the ability to work independently
  • Detailed oriented with strong analytical skills with proven ability to process large datasets into meaningful information
  • Intrinsic ability to look at data/results and identify patterns, problems, or analysis opportunities
  • Analytic reasoning capabilities and/or business intelligence experience
  • Comfort working with complex financial products
  • Ability to thrive in a dynamic and fast-paced environment
  • Ability to work within a team environment, as well as independently
  • Good time management, organizational, and interpersonal skills
  • In depth, hands-on experience measuring interest rate risk and forecasting net interest income using the QRM asset liability model.
  • Strong understanding of liquidity risk management, funds transfer pricing, bank balance sheets and off-balance sheet derivatives commonly used for asset/liability management purposes.
  • Excellent oral and written communication skills and interpersonal skills, with the ability to build cross-organizational relationships. Proven organizational skills, including the ability to handle multiple tasks simultaneously and to establish priorities.
  • Proven ability to motivate, coach, mentor and develop the skills of staff, and to provide leadership through emphasis on continual improvement of processes and tools.
EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Huntington does not accept solicitation from Third Party Recruiters for any position.
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