Senior Risk Analyst

First Citizens Bank•Raleigh, NC

2d•Hybrid

About The Position

This position supports the design and execution of centralized SOC reviews as part of the Third-Party Risk Management (TPRM) program. It performs financial risk reviews of third parties and supports the TPRM Operations team with risk assessments, third-party due diligence, and completion of TPRM lifecycle activities. This is a hybrid role, with work regularly taking place both inside and outside a company office.

Requirements

Bachelor's degree and 4 years of experience, or high school diploma/GED/equivalent and 8 years of experience, in risk management, financial analysis, or statistical modeling.
Risk mitigation skills.
Risk identification skills.
Business acumen/knowledge.
Analytical reasoning.

Nice To Haves

Bachelor’s degree in Finance or Accounting.
MBA.
Experience in Third-Party Risk Management.
Experience analyzing financial statements, including income statements, balance sheets, and cash flow statements.

Responsibilities

Lead the design and implementation of process evaluation methods and develop expert solutions to address identified risks.
Work with management to ensure risk strategies are effective and compliant.
Create, evaluate, and execute models or simulation scenarios to test risk conditions, as applicable.
Source, compile, and interpret data.
Perform complex analysis of risk trends and data discrepancies; may direct the work group's analytics efforts.
Produce reports based on data analysis, company trends, and risk factors.
Communicate patterns, problems, and areas for improvement through reporting.
Support insight into potential losses and mitigation of identified risks through reporting activities.
Support business processes through escalated operational tasks.
Develop, implement, and continuously improve procedures.
Serve as a resource to management and associates, including producing documentation, presentations, and other materials about risk policies and procedures.
Handle complex technical matters and participate in special projects.
Support TPRM risk assessments, third-party due diligence, and lifecycle activity completion.
Perform financial risk reviews of third parties and support centralized SOC reviews.