Commercial Business Risk - Validation and Control Officer

Huntington National Bank•Columbus, OH

9h•Hybrid

About The Position

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

Requirements

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

Nice To Haves

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

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