Role of a Business Banking Business Risk Manager
The role of a Business Banking Business Risk Manager is a highly specialized one, involving a strategic balance of risk management, compliance, strategy development and effective communication. This role provides advanced support and front-line oversight for the Business Banking segment, working with colleagues across the segment and other lines of business to create a proactive and collaborative approach to managing business practices within the segment.
Key Responsibilities
The Business Banking Business Risk Manager has a wide range of responsibilities. They are responsible for leading the development and management of complex business risk programs supporting segment processes. This includes creating risk and compliance strategies, ensuring proper controls are implemented and maintained, and collaborating with Segment Risk, Compliance, and Corporate Risk departments.
Regular collaboration with Business Banking Segment Risk on pertinent risk issues and projects is a crucial part of the role. The Business Banking Business Risk Manager also acts as a liaison with Segment Risk and Compliance and serves as a central point for receipt and distribution of important information. They are also tasked with maintaining two-way communication with applicable partners to ensure an effective flow of information regarding Business Banking matters.
Coordinating with business unit leadership and pertinent business partners on changes to business banking programs resulting from changes in the risk environment, segment processes or new product implementation is also a significant part of the role. Providing coaching and technical support to Business Banking colleagues responsible for day-to-day execution of the business risk programs is also crucial.
The role also involves spearheading critical and essential, highly visible projects that impact the business segment related to risk/compliance strategies, regulatory changes or business unit needs. The Business Banking Business Risk Manager is also accountable for developing, maintaining and generating scheduled and ad hoc reporting and other technology solutions. This includes full accountability for Complete, Accurate and Timely Action Plan closure. They are also accountable for identifying and escalating risk to key constituents such as Leadership, Segment Risk, Compliance, Audit, Legal, Fraud, etc.
Basic and Preferred Qualifications
The basic qualifications for the role include a Bachelor’s Degree and 7 years of experience in business or commercial banking or bank risk or compliance. However, there are several preferred qualifications that can enhance a candidate’s potential for success in the role. These include knowledge and experience in commercial/business credit, products and service, ability to work in a fast-paced environment with attention to detail, and demonstrated ability to convey ideas verbally and/or in writing with a clear, concise and organized method appropriate for the intended audience.
Proficiency in managing multiple priorities and tight deadlines, knowledge of current federal and state banking laws and regulations, and experience with Business Banking used applications including Velocity, HAWC and AFS are also preferred. Additionally, extensive experience working with Microsoft products and knowledge of SQL (Structured Query Language), SAS and Crystal Reports is a plus. The ability to manage complex projects with multiple stakeholders and strong analytical problem-solving skills are also highly valued.
Workplace Type and Employment Status
The Business Banking Business Risk Manager position is typically office-based and is exempt from overtime pay. However, certain positions outside the branch network may be eligible for a flexible work arrangement, combining the best of both worlds: in-office and work from home. This approach enables teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Huntington is an Equal Opportunity Employer that practices Tobacco-Free Hiring. More details can be found on Huntington’s Career Web Site. 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.
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