Senior Risk Analyst

First Citizens Bank • Raleigh, NC

64d • Hybrid

About The Position

This is a hybrid role located in Raleigh, NC or Charlotte, NC with the expectation that time working will regularly take place inside and outside of a company office. Two days a week in office. Open to remote in several markets for highly qualified candidate. The Sr Risk Analyst will focus on smooth execution of credit risk models for commercial lending portfolio. This position provides support and expertise through research, developing, data gathering for all aspects of ACL execution. Creates improvements to current processes and procedures and ensures compliance with relevant rules and regulation.

Requirements

• Bachelor's Degree and 2 years of experience in financial, statistical, or quantitative analysis experience OR High School Diploma or GED and 6 years of experience in financial, statistical, or quantitative analysis experience.

Nice To Haves

• Master's degree in Statistics, Mathematics, Finance, or related quantitative field.
• At least 4 years of progressive experience in credit risk model execution.
• Hands on experience using SQL, Python, SAS, Tableau, Agile Methodologies.
• Deep understanding of CECL, CCAR, ACL.

Responsibilities

• Execution of credit risk models with an in-depth understanding of CECL standards across commercial lending products to produce quarterly ACL results.
• Analyze results, perform data analysis, and cleaning tasks to support model execution and reporting.
• Liaise with business and technical partners to enhance/fix credit risk models in an enterprise level model execution framework.
• Document and follow through issues encountered during all phases of ACL execution.
• Maintain clear and accurate documentation of the ACL execution process.
• Manage ACL reporting dashboards for quarterly reporting.
• Stay current with industry best practices and regulatory guidance.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees