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Senior Financial Analyst

2 months ago


Raleigh North Carolina, United States First Citizens Bank Full time

Overview:
This position a senior level analyst supporting the Quantitative Balance Sheet Management (BSM) Team.

Serves as an analytic resource for Net Interest Income (NII) projections for CCAR (Comprehensive Capital Analysis & Review) capital stress testing and support for reviewing key model assumptions including voluntary and involuntary prepayment, new volume pricing, and balance/allocations.

Helps to ensure consistency in the application of model assumptions across ALM and stress testing workstreams. Execution of internal controls in the production process including reconciliations of inputs and outputs used in the forecast. Recommends improvements to current procedures, plans, and controls to achieve financial objectives, and assists in implementing recommended enhancements.

Responsibilities:
Data Analysis - Sources, compiles, and interprets NII projections across various scenarios. Analyzes forecast results for accuracy and reasonableness, identifies key variance drivers, and effectively communicates results.

Provides support in ongoing development in ALM modeling methodologies including but not limited to:
Prepayment model assumptions and inputs

Deposit behavioral and pricing models

Develop and/or refine other key forecast assumptions

Reporting - Produces reports based on result analysis, forecast trends, and benchmarking processes. Conveys patterns, problems, and areas of improvement. Assists with other projects as directed.

Business Support - Provides advanced support to management and business partners via output analysis and financial expertise. Coordinates information and process updates across systems. Serves as an analytics resource to wider BSM organization, offering guidance and participating in strategic initiatives. May prepare documentation, presentations, or other materials for business purposes.

Optimization - Tracks performance across assigned systems, products, or business units, and identifies issues limiting efficiency gains. Recommends workflow changes to address validation/audit recommendation and to meet regulatory expectations. Assists management in implementing recommended changes, and in ensuring compliance


In North Carolina, the base pay for this position is relative to your experience but the range is generally $87,341 to $151,391 per year.

This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay.

First Citizens offers a competitive, comprehensive benefits program which you can review here:
(url removed)

Qualifications:
Bachelor's Degree and 6 years of experience in Finance or Analytics OR High School Diploma or GED and 10 years of experience in Finance or Analytics


PHD, MFE, MS, MBA in quantitative and analytical fields such as statistics, economics, econometrics, applied mathematics, physics, quantitative finance or related field is preferred.

Other preferred qualifications

5+ years of functional experience in asset/liability management (ALM).

3+ years of experience in mortgage and/or deposit behavior modeling.

3+ years of experience with QRM or other ALM software.

3+ years of experience in statistical /quantitative analysis tools such as SQL, Python, R or SAS.

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