Huntington National Bank Mortgage Servicing Rights (MSR) Quantitative Analyst in Columbus, Ohio

As an MSR (Mortgage Servicing Rights) Quantitative Analyst within Corporate Treasury's Balance Sheet Management (BSM) team, you will conduct business-driven reporting and analysis, and identify opportunities for process improvements that have a direct impact on the business. You will work with various members of the Finance, Treasury, and Home Lending teams in order to develop ways to best model and value the MSR asset and its related hedge instrument.

  • Solve business problems by developing practical solutions through the application of quantitative methods.

  • Compile and analyze large volumes of data to provide reporting and trending of key performance indicators to senior management on a daily basis in a timely manner. Partnering with Home Lending, Treasury, and enterprise data teams to provide insights and identify data inconsistencies for a robust and comprehensive MSR valuation and analysis.

  • Key reporting includes, but is not limited to: Market value and volatility attributions, daily multiple calculations, Key Rate Shocks, Principal Component Analysis, and semi-annual Capital Stress Testing.

  • Generate daily market value measurement and produce accounting entries for FAS156 on a monthly basis.

  • Drive and own market value measurements and monitoring, further enhancing BSM's analytics and risk measurement activities to support Executive ALCO and other risk committees.

  • Identify process improvements within analytics, challenging existing processes where needed, and develop and implement a best practice MSR valuation and modeling approach.

  • Maintain, validate and document the assumptions and models used in the QRM MSR module per Huntington's Model Validation Policies and Model Risk Management oversight.

  • Translate high-level or operational business needs into appropriate actionable analyses.

  • Support BSM team with other valuation related duties as needed.

Basic Qualifications

  • Bachelor's degree

  • Quantitative analysis experience, through education, internships or work.

Preferred Qualifications:

  • QRM software experience is preferred.

  • Some experience using Asset Liability Management software and analytical tools.

  • Through education, internships or work, prefer modeling and control testing experience.

  • Through education, internships or work, must have an understanding of off-balance sheet hedging, mortgage related assets and their impact on the market.

  • Project oriented with the ability and desire to analyze complex processes and data, identify and bring forward challenges and potential solutions, create tracking, maintain reports, and communicate findings.

  • Convey a personable, assertive, and professional communication style with a comfort level engaging others and speaking with all levels of individuals.

EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity

Tobacco-Free Hiring Practice: To demonstrate our commitment to health and wellness, Huntington will not hire any candidate who uses tobacco or any nicotine product including, but not limited to, cigarettes, cigars, pipes, smokeless tobacco, chewing tobacco, snuff or snus, nicotine gum, the nicotine patch or any other kind of nicotine replacement product (where permitted by applicable state law). Candidates applying for positions in those states will be notified of this practice during the recruitment process and, if offered a position, will be screened for cotinine (to check for use of tobacco and/or nicotine products and/or nicotine replacement therapy products) before they begin employment. If the position to which you're applying is covered by this practice, the job application will provide greater detail as to what constitutes tobacco use.

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