Senior Risk Analyst-Risk Analytics (Retail Execution)

Overview

This is a hybrid role (if

located

in Charlotte, NC

or

Raleigh,

NC)

with the expectation that time working will regularly take place inside and outside of a company office. Three days a week in

the office

• . Open to remote in several markets for highly qualified candidate.

The role supports the execution of ACL (Allowance for Credit Losses) processes for retail credit products in compliance with CECL (Current Expected Credit Loss) standards.

The Senior Analyst will

assist

in ensuring

accurate

reserve estimations, regulatory reporting, and CECL-compliant forecasting. This role requires

a strong foundation

in finance, risk analytics, and data analysis to support internal reporting, enhance insights, and contribute to ongoing model and process improvements.

This role is ideal for someone who is highly detail-oriented, technically proficient, and able to connect complex models with operational implementation—

essentially the

“last mile” person between models, data, and actionable outputs.

Responsibilities

ACL Execution &

Analysis :

Contribute to the execution of ACL processes across retail portfolios (e.g., credit cards, auto loans,

mortgages

and HELOC).

Assist

in producing monthly and quarterly reserve estimates in compliance with CECL and GAAP.

Maintain execution schedules, ensure

timely

model runs, and escalate delays or anomalies.

Controls & Compliance Support

Maintain documentation of ACL execution processes for audit and regulatory reviews. Perform periodic control checks (e.g., manual overrides, exception handling).

Support audit and risk reviews by preparing traceable execution artifacts and documentation.

ontrols

& Compliance Support

Reporting & Analytics :

Oversee the preparation of ACL reporting packages for senior management, Finance,

Risk,

and regulatory stakeholders. Provide insights into key drivers of reserve changes, portfolio performance and macroeconomic impacts. Develop dashboards and analytics tools to enhance ACL visibility and

facilitate

data-driven decision-making. Support stress testing, scenario analysis, and capital planning efforts by integrating ACL insights into broader risk management frameworks.

Cross-Functional Collaboration :

Liaise with model developers, finance teams, and risk officers to clarify inputs, interpret outputs, and align results with expectations.

Support the preparation of execution decks, walkthroughs, and summaries for management.

Communicate variances or anomalies clearly and propose data- or logic-related resolutions.

Process Improvement

Identify

inefficiencies or bottlenecks in the execution workflow and suggest improvements. Participate in cross-functional working groups to standardize ACL practices. Document and

maintain

process maps and SOPs for ACL execution tasks.

Qualifications

Bachelor's Degree and 4 years of experience in Risk management, or financial analysis, or statistical modeling OR High School Diploma or GED and 8 years of experience in Risk management, or financial analysis, or statistical modeling

Preferred Education / Licenses or Certification :

Masters or CPA / CFA preferred

Preferred Area of Study :

Finance or Economics

Preferred

Skills :

Experience with retail credit products (e.g., credit cards, auto loans, mortgages)

Familiarity with ACL automation tools and data infrastructure

Proficiency

in data visualization tools (e.g., tableau, Power BI)

Proficiency

in analytical programming languages (e.g., SQL, Python, SAS)

Strong project management skills to drive initiatives related to process improvement and regulatory compliance

LI-Hybrid

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.

Company Description :

Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers in 18 states and the District of Columbia. For over 100 years, customers have trusted First Citizens with their money … and their futures. Today, First Citizens is the largest family-controlled bank in the nation and the sixth-largest bank franchise headquartered in the Southeast with more than $30 billion in assets. We employ more than 6,000 associates who are focused on helping our customers achieve a lifetime of success. First Citizens operates more than 570 branches in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Kansas, Maryland, New Mexico, Missouri, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia.

First Citizens Bank. Forever First®. Member FDIC.

Equal Opportunity / Affirmative Action Employer / Minority / Female / Disability / Veteran

If you need special assistance or an accommodation in applying for employment at First Citizens Bank, please contact our Human Resources department.