Senior Financial Analyst- Quantitative Balance-Sheet Management

Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

Analyze and attribute income projections under various market rate scenarios. Perform related quantitative analysis functions using industry-standard risk management software. Develop scenarios to identify the sources of interest rate risk and establish associated monitoring and managing framework. Design and automate analytical and optimization tools based on current and forecasted balance sheet exposures. Assess risk appetite and calibrate tolerance levels using quantitative and / or statistical approaches; document and maintain governance around them as part of limit setting framework. Conduct advanced portfolio analytics including mortgage loans, investment portfolios, liabilities, hedging and derivatives usage, and in-depth analysis into products to gain insights into emerging trends, risks and / or profitability. Conduct research, analysis and / or otherwise enhance the Bank’s ability to manage the balance sheet optimally using informed, quantitative approaches. Understand and communicate the drivers of change in the risk profile and how they impact the Bank’s profitability, funding and hedging strategies. Prepare and streamline effective reporting for senior management including presentations to Asset and Liability Committee (ALCO) and Board, summarizing risk metrics and strategic recommendations. Participate in the review and analysis as the Asset Liability Management (ALM) subject matter expert of new products and services, changes to product offerings and other important strategic initiatives led by external groups. Conceptualize, implement and document quantitative solutions as part of ALM strategy initiatives to aide strategic and tactical decision making. Stay abreast of industry best practices and research market trends and regulatory changes impacting ALM decisions. Perform peer analysis and research the activities of other peer banks. Propose risk management strategies and collaborate with cross-functional teams to implement effective risk management strategies. Contribute to the development and enhancement of ALM policies and procedures as applicable.

Qualifications

Position requires a Bachelor’s degree in Finance, Statistics, Mathematical Finance, Financial Engineering, Economics, or a related field plus six (6) years of experience in the job offered or six (6) years of experience as a Capital Markets Analyst, Market Risk Analyst, Quantitative Analyst, or related occupation. Alternatively, employer will accept a Master’s degree in Finance, Statistics, Mathematical Finance, Financial Engineering, Economics or a related field, and four (4) years in the job offered or four (4) years as a Capital Markets Analyst, Market Risk Analyst, Quantitative Analyst, or related occupation.

Requires 4 years of experience with quantitative and financial analysis with hedging. Requires 4 years of experience with attribution. Requires 4 years of experience with scenario analysis. Requires 4 years of experience with fixed income derivative valuation. Requires 4 years of experience with new product research and testing. Requires 4 years of experience with derivative modeling. Requires 3 years of experience analyzing mortgages and balance sheet risk position. Requires 3 years of experience running income projection software (such as QRM or equivalent). Requires 3 years of experience programming using statistical and quantitative analysis tools (such as SQL, Python, or R). Requires 1 year of experience using capital markets analytic tools (such as Polypaths, Principia, Yieldbook, Bloomberg or Aladdin). This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

The base pay for this position is generally between $142,000 to $187,673 per year. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and / or other awards as outlined in the offer of employment.

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

This job posting is expected to remain active for 31 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

EJC and #LI-DNI

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.