Senior Risk Model Developer

2 weeks ago


Raleigh, North Carolina, United States First Citizens Bank Full time
Senior Consultant, Commercial Risk

Overview:

We are seeking a highly skilled senior model developer to join our Modeling and Analytics team at First Citizens Bank. In this role, you will be responsible for the development, implementation, monitoring, and reporting of risk rating models specifically tailored for commercial loan portfolios.

Key Responsibilities:

  • Lead the development and enhancement of risk rating models for commercial loans, ensuring accuracy and compliance with regulatory standards.
  • Conduct thorough analyses of internal and external sources of financial and loan-level data to inform model development.
  • Maintain comprehensive documentation of model development processes, ensuring transparency and compliance with regulatory standards.
  • Facilitate the model validation process with the bank's Model Risk Management team.
  • Collaborate with IT teams to integrate developed models into the bank's systems and workflows.
  • Collaborate with cross-functional teams to gather input and insights for model improvement and determine appropriate model performance thresholds.
  • Monitor model performance and make recommendations for adjustments as necessary.
  • Produce comprehensive reports on model outcomes, providing valuable insights to stakeholders.
  • Stay abreast of industry best practices and regulatory changes to ensure models remain cutting-edge and compliant.

Qualifications:

  • Bachelor's Degree and 8 years of experience in Risk Management, Financial Analysis, or Statistical Modeling OR High School Diploma or GED and 12 years of experience in Risk Management, Financial Analysis, or Statistical Modeling
  • Master's or Ph.D. in a quantitative field such as Statistics, Mathematics, Economics, or related discipline (Preferred)
  • Proven experience in developing risk rating models for commercial loans within the banking sector or similar industry
  • Strong proficiency in statistical modeling techniques (e.g., logistic regression, linear regression, machine learning techniques) and programming languages (e.g., SAS, Python)
  • Proficiency in data mining and feature engineering techniques
  • Excellent analytical and problem-solving skills with attention to detail
  • Ability to communicate complex concepts effectively to both technical and non-technical stakeholders
  • Proficiency with Microsoft Office products (Excel, PowerPoint, Word, etc.)

First Citizens Bank 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:



  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Senior Risk Analytics ConsultantWe are seeking a highly skilled professional to lead the development and enhancement of risk rating models for commercial loans. As a Senior Risk Analytics Consultant, you will be responsible for ensuring accuracy and compliance with regulatory standards.Key Responsibilities:Develop and maintain comprehensive risk rating...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job Title: Senior Risk AnalystWe are seeking a highly skilled Senior Risk Analyst to join our team at First Citizens Bank. As a Senior Risk Analyst, you will play a critical role in identifying and mitigating risks that could impact our business operations.Key Responsibilities:Risk Identification: Lead the design and implementation of process evaluation...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job Title: Senior Risk AnalystAt First Citizens Bank, we are seeking a highly skilled Senior Risk Analyst to join our team. As a Senior Risk Analyst, you will play a critical role in identifying, assessing, and mitigating risks that could impact our business operations.Key Responsibilities:Develop and implement risk management strategies to minimize...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Risk Management Specialist to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and guidance on risk analytics and modeling to business units across the organization.Key ResponsibilitiesDevelop and implement risk analytics...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Quantitative Model Analyst to join our Strategic Modeling and Analytics Team in the Treasury Department. As a key member of our team, you will be responsible for developing and maintaining our loan models and loan modeling framework, ensuring they are fit-for-purpose and align with regulatory requirements.Key...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Risk Analyst to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and risk analytics to business units across the organization.Key ResponsibilitiesDevelop and implement risk management strategies to minimize or eliminate...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    {"title": "Senior Director of Risk Management", "content": "Job SummaryWe are seeking a highly experienced Senior Director of Risk Management to join our team at First Citizens Bank. As a key member of our leadership team, you will be responsible for developing and executing strategies to mitigate risk and ensure the bank's compliance with regulatory...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Risk Analytics Consultant to join our Modeling and Analytics team at First Citizens Bank. In this role, you will be responsible for the development, implementation, monitoring, and reporting of risk rating models specifically tailored for commercial loan portfolios.Key ResponsibilitiesLead Model Development:...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job Title: Senior Credit Risk AnalystWe are seeking a highly skilled Senior Credit Risk Analyst to join our team at First Citizens Bank. As a key member of our Credit Portfolio Analytics team, you will play a critical role in providing risk analytics and expert support to our business units.Key Responsibilities:Design and implement process evaluation methods...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Quantitative Model Analyst to join our Strategic Modeling and Analytics Team in the Treasury Department. As a key member of our team, you will be responsible for developing and maintaining our Loan Models and Loan Modeling Framework, with a focus on pre-provision net revenue (PPNR) loan forecasting models...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job DescriptionJob Summary:We are seeking a highly skilled Senior Risk Management Analyst to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and guidance to business units on risk analytics and operational complexity.Key Responsibilities:Identifying Risk: Lead the design...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and guidance on risk analytics and modeling.Key ResponsibilitiesDevelop and implement risk analytics and modeling solutions to support business...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and guidance to business units on risk analytics and modeling.Key ResponsibilitiesDevelop and implement risk analytics and modeling solutions to...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and guidance to business units on risk analytics and modeling.Key ResponsibilitiesDevelop and implement risk analytics and modeling solutions to...

  • Senior Risk Analyst

    1 month ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and risk analytics to business units across the organization.Key ResponsibilitiesDevelop and implement risk management strategies to minimize or...

  • Senior Risk Analyst

    3 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Risk Analyst to join our team in Credit Risk Stress Testing. As a key member of our team, you will be responsible for executing the Bank's Credit Loss stress testing efforts, including the build out and management of the credit loss portions of the bank's annual CCAR Stress Testing exercise.Key...

  • Senior Risk Analyst

    4 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at First Citizens Bank. As a key member of our risk management team, you will be responsible for providing expert support and risk analytics to business units across the organization.Key ResponsibilitiesDevelop and implement risk management strategies to minimize or...

  • Senior Risk Analyst

    3 weeks ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Analyst to join our team at First Citizens Bank. As a Risk Analyst, you will be responsible for providing risk analytics and expert support to business units, creating methods to evaluate potential losses, and developing high-impact solutions to minimize or eliminate risk.Key ResponsibilitiesProvide risk...


  • Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Quantitative Model Analyst to join our Strategic Modeling and Analytics Team in the Treasury Department. As a key member of our team, you will be responsible for developing and maintaining our loan models and loan modeling framework, ensuring strong governance, analytics, and documentation that aligns with...

  • Senior Risk Analyst

    1 month ago


    Raleigh, North Carolina, United States First Citizens Bank Full time

    About the RoleThis 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 executing the Bank's Credit Loss stress testing efforts both wholesale and...