Risk Analyst III (Hybrid, Raleigh location)

First Citizens Bank • Raleigh, NC

65d • Hybrid

About The Position

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office. This position provides complex support and expertise to business units through research, developing, data gathering, and executing risk procedures. Evaluates potential losses while developing high-impact solutions to minimize or eliminate risk. Creates improvements to current processes and procedures, and ensures compliance with relevant rules and regulations. May oversee the work of less experienced analysts in the work group or serve as a resource on risk.

Requirements

• Bachelor's Degree and 2 years of experience in Risk Analytics or Analytics OR High School Diploma or GED and 6 years of experience in Risk Analytics or Analytics.
• Organization skills - Intermediate Required
• Data Skills - Intermediate Required
• Problem solving - Intermediate Required
• Analytical skills - business Intermediate Required
• Communication skills - verbal Intermediate Required
• Communication skills - written Intermediate Required

Nice To Haves

• Credit or underwriting training - preferred
• Banking experience - preferred

Responsibilities

• Identifying Risk - Creates and implements complex methods of risk evaluation. Develops expert strategies or solutions to address evaluation results, monitoring to ensure developed solutions are effective. May create models or simulation scenarios to test risk conditions.
• Data Analysis - Sources, compiles, and interprets data. Performs analysis for risk trends and data discrepancies, effectively communicates analysis output.
• Reporting - Produces reports based on data analysis, company trends, and risk factors. Conveys patterns, problems, and areas of improvement. Enables insight into potential losses and mitigation of identified risks through reporting activities.
• Operational Support - Supports business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials to educate on risk policies and procedures.

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
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees