Overview
This position will assist in the review & development of risk models & tools used to report on and manage the financial metrics, balance sheet and risk of the company. Responsible for assigned tasks that support data analysis and research that for model development and strategies using historical data.
Responsibilities
Participates in the risk management analysis and identifying key risks to the bank.
Supports the execution of stress tests and scenario analysis to evaluate the performance of models under various adverse market conditions. Support development of the appropriate documentation for second line risk partners.
Provides daily support for assigned systems, products, or business units.
Identifies potential improvements to current procedures, plans, and controls to achieve business objectives and regulatory requirements.
Qualifications
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
Preferred Qualifications
Strong academic background in a quantitative field such as engineering, statistics, finance or economics preferred
Operate with a high level of self-sufficiency and can show whole leadership, i.e., someone who can lead themselves, manage their own workload, and drive their tasks forward independently
Communicate clearly and succinctly, both in writing and verbally
Ability to drive progress and use the resources at their disposal well
Structure their thinking logically and produce clear, well-organized documentation
Write high-quality meeting notes and follow through effectively
Build thoughtful PowerPoint presentations that clearly convey the “story” of the models and recommendations
Articulate model assumptions, limitations, and risks in a way that is understandable to stakeholders like Model Risk and Audit, but importantly delivering what’s needed without over-sharing
Help the team stay organized and on track from a light-touch project management perspective, contributing to timelines, deliverables, and coordination
Support broader vision creation by seeing beyond individual tasks and thinking about how their work fits into larger strategic goals
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.
Quantitative Analyst • Charlotte, NC, US