Model Governance, Reporting Analyst

First Citizens Bank

9h • $110,000 - $160,000 • Remote

About The Position

This is a remote role that may be hired in several markets across the United States.
Job Summary
This position is responsible for the Operations and Execution of Model Risk Management key activities. This includes overseeing the model governance framework across the model lifecycle, including model inventory management, policy and standards adherence, documentation quality assurance, model validation coordination, and issue tracking. Additionally, this role will focus on leading and managing Internal and External examinations, inclusive of the end-to-end management and closure of any resulting issues or observations. This position requires exceptional organizational skills, attention to detail, and the ability to manage multiple priorities in a dynamic, risk-focused environment.

Requirements

• Bachelor's Degree and 4 years of experience in Operational Risk, Risk Management in Financial Services OR High School Diploma or GED and 8 years of experience in Operational Risk, Risk Management in Financial Services
• Skill(s): Quantitative Analysis, Model Risk Assessment Techniques, Stress Testing Methodologies

Nice To Haves

• Preferred Education: Advanced Degree in Quantitative discipline (math, statistics)
• Preferred Area of Study: Economics, Mathematics, Finance, Statistics, Risk Management
• Preferred Area of Experience: Development and/or model validation
• License or Certification Type: null null

Responsibilities

• Model Review Scheduling and Tracking - help coordinate the scheduling and tracking of recurring model validations and annual reviews to ensure adherence to MRM policies.
• Internal and External Exams – coordinate audit and regulatory examination requests, ensuring timely and accurate responses to inquiries, data requests, and documentation reviews.
• Documentation and Reporting – Prepare comprehensive recurring reports and presentations summarizing the status of model reviews and internal/external exams, as applicable, for internal and external stakeholders.
• Lead and coordinate Model Risk Management initiatives and enterprise-wide projects – ensuring alignment with regulatory expectations, effective cross-functional collaboration, and timely delivery of key milestones that enhance the Banks overall model risk framework.
• Collaboration – Work closely with stakeholders across various departments to gather necessary information to support model review scheduling, and internal and externals exams.

Benefits

• Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level