Senior Quantitative Model Analyst

2 weeks ago


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

We 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 Responsibilities
  • Data Analysis: Apply sophisticated analytics to assess future risk, opportunities, and effectiveness, and translate results into meaningful solutions to improve decision making.
  • Modeling: Build and own new and existing loan forecasting models, covering total balance, commitment, unfunded, funded, attrition/runoff, and prepayment model components.
  • Reporting: Update internal procedures and guidelines documents to ensure our stress testing processes are up-to-date and model development documentation is aligned with FCB MRM policy and regulatory requirements.
  • Business Support: Collaborate with business and CCAR stakeholders to develop and validate PPNR models, working with businesses, risk, and finance teams to submit and validate data and analyze consolidated results.
  • Financial Support: Develop robust qualitative and quantitative models and analytics to improve CCAR stress testing results and capital decision-making, and support treasury ALM on interest rate risk management.
Qualifications
  • Bachelor's Degree and 6 years of experience in OR, or High School Diploma or GED and 10 years of experience.
  • Preferred qualifications include a Master's degree in statistics, economics, econometrics, applied mathematics, quantitative finance, or a related field, and relevant business/academic experience in quantitative modeling and model development.

First Citizens Bank offers a comprehensive benefits program to support our associates' well-being and career growth. Learn more about our benefits offerings at https://jobs.firstcitizens.com/benefits.



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