Senior Risk Analyst

3 days ago


Raleigh, North Carolina, United States First Citizens Bank Full time
About the Role

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 executing the Bank's Credit Loss stress testing efforts both wholesale and retail loss forecasting.

Key Responsibilities
  • Ensure delivery of current and long-term production/execution priorities;
  • Execute day-to-day activities, including production cycles, intra-cycle testing, and sensitivity analysis;
  • Support the team's work with the credit organization to ensure appropriate review and challenge of the results is completed and documented;
  • 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;
Requirements
  • 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;
  • Project Management Skills;
  • Execution oriented;
  • Strong skills in excel/PowerPoint;
  • Strong knowledge of Credit Risk principles which inform credit loss forecasting;
  • Strong communication skills – interpersonal;
  • Organization skills - Detail oriented;
Preferred Qualifications
  • Direct experience with executing CCAR/DFAST Stress testing -preferably with respect to credit losses, at a $50BN or larger bank;
  • Familiarity with Capital Planning and Stress Testing requirements (Capital Plan Rule, SR1519, SR 12-7, ROPE, SR 11-7, etc.);
  • Experience with statistical / data software packages such as Netezza, SQL, Python, SAS;
  • Direct Experience with Credit Loss Forecasting (Either CCAR, CECL, or FP&A);
Compensation

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.



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