This a remote role that may only be hired in the following locations- AZ, FL, ND. As Senior First Line Risk Analyst, you will be a member of the Enterprise Technology & Operations Business Risk & Controls organization. This position is responsible fo Risk Analyst, Risk, Analyst, Senior, Remote, Management, Banking, Technology

Overview This is a remote role that may be hired in several markets across the United States. This position is responsible for researching, developing, data gathering, and executing risk procedures on an advanced level in support of the Enterprise Risk Appetite program. Recommends improvements to current processes and procedures, and ensures compliance with relevant rules and regulations. Responsibilities <ul><li>Identifying Adherence gaps - Creates and implements quality control and assurance evaluation methods. Develops strategies and solutions to address evaluation results, and monitoring to ensure developed solutions are effective.</li><li>Data Analysis - Sources, compiles, and interprets data. Performs analysis for risk trends and data discrepancies, effectively communicates analysis output.</li><li>Reporting - Produces reports based on data analysis, company trends, and risk factors. Conveys patterns, problems, and areas of improvement. Enables insight into potential losses and mitigation of identified risks through reporting activities.</li><li>Operational Support - Supports business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials to educate on risk policies and procedures.</li></ul> Principal Accountabilities: <ul><li>Support maintenance and development of the Key Indicator module and KI data within the Archer GRC platform.</li><li>Partner with ERM Technology teams to design and develop enterprise reporting to ensure adherence to the Risk Appetite Framework and Standards.</li><li>Facilitate the review and update of the Risk Appetite Statement (RAS), and associated Key Indicators (KIs), to ensure alignment with the Bank's risk appetite and strategic objectives.</li><li>Assist with training Second Line on Program expectations regarding supporting analysis, documentation, and effective challenge of First Line Risk Appetite proposals.</li><li>Assist with monthly and quarterly Risk Appetite reporting, including the escalation of Risk Appetite threshold breaches and risk responses to the Board for approval.</li><li>Update and monitor adherence to the Risk Appetite Standards and Procedures in alignment with industry and regulatory expectations.</li><li>Partner with key internal stakeholders to maintain awareness of organizational risk appetite.</li><li>Identify process deficiencies and escalate applicable issues to management.</li><li>Identify process deficiencies and escalate applicable issues to management.</li></ul> Qualifications Bachelor's Degree and 1 years of experience in Risk Analytics or Analytics OR High School Diploma or GED and 5 years of experience in Risk Analytics or Analytics Preferred Qualifications: <ul><li>Large Financial Institution (LFI) experience working in first and/or second-line risk functions</li><li>Strong knowledge of Risk Appetite program requirements, including development and management of Risk Appetite qualitative statements and quantitative key indicators</li><li>Knowledge of risk management techniques and best practices, including a working knowledge of Risk Frameworks and regulatory guidance (e.g., FDIC, OCC, FRB, CFPB)</li><li>Direct working experience, as a user and/or admin, with Archer or similar GRC platforms</li><li>Proficiency in project management, languages, business intelligence methodologies, and applications (i.e., SQL, Tableau, PowerBI, etc.)</li></ul> Skills: <ul><li>Excellent communication skills, both verbal and written</li><li>Exceptional analytical, organizational, and problem solving skills</li><li>Ability to prioritize and manage multiple projects at a time</li><li>Advanced Microsoft Office skills including Excel, PowerPoint, SharePoint/Teams</li></ul> This job posting is expected to remain active for 45 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. The base pay for this position is generally between $76,000 to $110,000. 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. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.

Overview: Provide risk analytics and expert support at the highest level of operational complexity to business units. Create methods to evaluate potential losses, and develop high-impact solutions to minimize or eliminate risk. Recommend and monitor enhancements to current processes and procedures, performing analysis and reporting in support of strategic objectives. Perform independent model validations and reviews. Assess changes to the model, confirm significant changes have been validated, evaluate changes in external environment and its impact on the model, review ongoing monitoring results, make recommendations for improvements, prioritize future validation activities, thoroughly document all work and produce a formal report on the results. Promote model-risk-management-awareness, which may include presentations at staff meetings throughout the corporation or producing educational material. Drive discussions and capture next steps with model owners and developers for aggregation of risk articulation on model findings, remediation, action plans, and dates. Assist with other model risk- management activities, for example model inventory maintenance; dashboard reporting; external validator oversight; findings tracking; and policy and standard maintenance. Examine data extraction, cleaning, transformation processes, and evaluate data-related assumptions and limitations. Scrutinize the model design and construction, verifying the suitability of the modeling framework and theory for the intended use. Review model segmentation, variable selection, model testing procedures, and evaluation model assumptions, limitations, and risks. Review model code to ensure correctness, accuracy, and absence of material errors. Assess both in-sample and out-of-sample back test results. Evaluate sensitivity and scenario testing, benchmarking analyses and quantitative and business performance metrics. Recommend appropriate mitigation measures and enhancements to improve model quality and compliance with regulatory standards. Ensure that validation documentation adheres to internal standards. Assist model validation manager in gathering and providing materials requested by internal audit and regulators, drafting responses to questions, and defending validations in exams. May work remotely pursuant to First Citizens Remote Work Guidelines policy. Qualifications: Position requires a Bachelors degree in Financial Mathematics, or other related field plus four (4) years of experience in the job offered or four (4) years of experience as a Financial Analyst, Programmer Analyst or a related occupation. Alternatively, the employer will accept a Masters degree in Financial Mathematics, or other related field plus one (1) year of experience in the job offered or one (1) year of experience as a Financial Analyst, Programmer Analyst or a related occupation. Requires experience in risk management, financial analysis, or statistical modeling. Requires proficiency in statistical methods (for example, linear regression, logistic regression, survival analysis, or ARIMAX). Requires knowledge of machine learning algorithm (Supervised and non-supervised Machine Learning). Requires proficiency with programming languages (for example, Python, R, SAS, MATLAB, C++, SQL, or VBA). Requires understanding of regulatory requirements (CECL, DFAST, etc.). Experience and skills may be gained prior to or concurrent to attainment of graduate degree. May work remotely pursuant to First Citizens Remote Work Guidelines policy. This is a remote role that may be hired in several markets across the United States. The base pay for this position is generally between $103,314 to $163,682. 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. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits To Apply: Go to https://jobs.firstcitizens.com/jobs and submit your resume to Job # 24561. #EJC and #LI-DNI

Overview: This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. The Senior Risk Analyst - Credit Risk Stress Testing position reports to the Manager Risk Analytics and supports the team responsible for execution the Banks Credit Loss stress testing efforts both wholesale and retail loss forecasting. This team is responsible for the build out and management of the credit loss portions of the banks annual CCAR Stress Testing exercise, as well as additional runs as needed throughout the year. The team also authors the credit loss portions of the annual capital plan and is responsible for maintaining detailed process and procedure documentation consistent with peer best practices and regulatory expectations Responsibilities: The Senior Risk Analyst works within the team to ensure delivery of current and long-term production/execution priorities; the execution of day-to-day activities, including production cycles, intra-cycle testing, and sensitivity analysis. Further, the Senior Risk Analyst supports the teams work with the credit organization to ensure appropriate review and challenge of the results is completed and documented. The Senior Risk analyst supports Bank responses to audit, model risk management and regulatory examinations and for all Credit Risk Stress Testing Activities and coordinates these activities with the Senior Director - Risk Analytics, the as well as the heads of Model Development, Model Implementation, and Capital Planning. ??Coordinate tactical execution of the Credit Risk Stress Testing and including Annual CCAR, midcycle, and ad-hoc runs. ??Recommend appropriate changes to program policies, procedures, and efficiencies to meet objectives. ??Support the team in developing comprehensive reporting and analytical documentation of the results??Coordinate, compile, and ensure timely completion and delivery of presentation materials for all review and challenge sessions ??Develop relationships with the credit risk function and leverage those relationships to maintain an effective review and challenge process with all relevant stakeholders Qualifications: <ul>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</ul>Additional Requirements:<ul><li>Project Management Skills </li><li>Execution oriented</li><li>Strong skills in excel/PowerPoint. </li><li>Strong knowledge of Credit Risk principles which inform credit loss forecasting</li><li>Strong communication skills interpersonal.</li><li>Organization skills - Detail oriented.</li></ul>Preferred Qualifications:<ul><li>Direct experience with executing CCAR/DFAST Stress testing -preferably with respect to credit losses, at a $50BN or larger bank</li><li>Familiarity with Capital Planning and Stress Testing requirements (Capital Plan Rule, SR1519, SR 12-7, ROPE, SR 11-7, etc.).</li><li>Experience with statistical / data software packages such as Netezza, SQL, Python, SAS </li><li>Direct Experience with Credit Loss Forecasting (Either CCAR, CECL, or FP&A)</li></ul>If hired in CA, the base pay for this position is generally between $113,318 and $196,428. 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. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: <a href="https://jobs.firstcitizens.com/benefits" target="_blank" rel="noopener">https://jobs.firstcitizens.com/benefits</a>

Risk Analyst Jobs in Raleigh, NC

Senior Risk Analyst Fraud Model Validation
November 12, 2024

Senior Credit Risk Analyst
November 11, 2024

Senior Credit Risk Analyst
November 6, 2024

Senior First Line Risk Analyst Issues Remote Az Fl Nd
October 30, 2024

Risk Analyst Ii Risk Appetite Process Improvement Monitoring And Reporting Remote
October 29, 2024

Senior Risk Analyst
October 27, 2024

Senior Risk Analyst Credit Risk Stress Testing Hybrid Morristown Nj Raleigh Nc San Francisco Ca
October 27, 2024

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Risk Analyst Jobs in Raleigh, NC

Senior Risk Analyst Fraud Model ValidationNovember 12, 2024

Senior Credit Risk AnalystNovember 11, 2024

Senior Credit Risk AnalystNovember 6, 2024

Senior First Line Risk Analyst Issues Remote Az Fl NdOctober 30, 2024

Risk Analyst Ii Risk Appetite Process Improvement Monitoring And Reporting RemoteOctober 29, 2024

Senior Risk AnalystOctober 27, 2024

Senior Risk Analyst Credit Risk Stress Testing Hybrid Morristown Nj Raleigh Nc San Francisco CaOctober 27, 2024