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Project Manager Senior - LIBOR Transition Program in Columbus at Huntington

Date Posted: 2/15/2019

Job Snapshot

Job Description

SENIOR PROJECT MANAGER WS2B - LIBOR TRANSITION PROGRAM

The Federal Reserve, in cooperation with the Treasury Department and the Commodity Futures Trading Commission, convened the Alternative Reference Rates Committee (ARRC) to work with market participants to identify options for replacing US Dollar LIBOR. In July 2017, the UK's Financial Conduct Authority emphasized the urgency and importance of the efforts and implored industry participants to work in earnest on the transition to alternative reference rates that are based firmly on transactions. The ARRC recommended Secured Overnight Financing Rate (SOFR) as the USD alternative reference rate. The transition benchmark rate will be a significant undertaking for many banks as it will impact multiple lines of businesses and many customers.

Huntington has established a LIBOR Transition Program Team and we are seeking a highly experienced and motivated Senior Project Manager to join our team, reporting to the LIBOR Transition Program Director / Lead.

In this role, you will manage projects and impact for one of the larger critical workstreams' within our Corporate Finance business segment and include the following elements and areas:

  • Manage the end to end delivery of high visibility and complex project objectives for this workstream.
  • Manage the corporate finance impacts including the Hedging, Rate Curves, FTP, and Cost of Funds processes in a new rate dual or multi-rate environment.
  • Manage the development of mapping the workflows (As-Is and To-Be) system process workflows and integration maps for the hedged strategies, new rate curves etc.
  • Capture, document and conduct the gap analysis for a dual ror multi-rate environment.
  • Create integration workflows for all data flows and translations from systems feeding CPD.
  • Capture all requirements to implement cost of funds, FTP, liqudity management and other treasury processes for all new issuances.
  • In conjunction with the Business Analyst and project team develop Process flows / maps for the "As Is -- Current State" and "To Be -- Future State" workflows.
  • Assist in the development of a "Master Product Re-design" that includes the scheduling of development and production timelines to align with business segment product priorities as well as market and regulatory developments.

Basic Qualifications:

This senior level position will manage the most complex and highest visibility projects, and will require proven, senior-level project management skills.

  • Bachelor's degree.
  • 5 + years of project management experience in the banking or financial services industry.

Preferred Qualifications:

  • Ability to manage initiatives related to the following: architecture roadmap that aligns with business strategy and the broader architecture community; hardware and capacity planning, consolidation and rationalization; related emerging technology assessment and incubation.
  • Data Analysis Capabilities and Experience.
  • Experience with Database Queries i.e. Excel SQL etc.
  • Experience managing and working with multiple projects/teams including multiple business units in a cross-functional matrixed structure.
  • Ability to manage projects on-going, identifying risks, implementing changes, monitoring and communicating progress.
  • Experience managing team members.
  • Experience effectively interacting with a variety of contacts, primarily with others at the executive level.
  • Ability to support the workstream and assigned business segment goals by providing project management services.
  • Understanding of LIBOR driven products and/or how LIBOR as a benchmark rate operates and drives products would be extremely preferred.
  • In-depth knowledge of banking products that Huntington transacts across different groups within the financial industry.
  • Corporate Treasury Knowledge exposure.
  • Knowledge and understanding of asset liability or liquidity management software, especially QRM.
  • Knowledge and understanding of financial industry front office trading, liquidity management, and risk management.
  • Knowledge and understanding of treasury management industry: asset liability management (ALM), liquidity management, and stress testing.
  • Corporate Finance experience including understanding Hedging, Rate Curves, FTP, and Cost of Funds processes in a benchmark rate environment.
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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