Strategic Portfolio Risk Manager

6 days ago


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

Overview:

We are seeking a highly skilled Strategic Portfolio Risk Manager to join our team at First Citizens Bank. As a key member of our Portfolio Analysis team, you will play a critical role in delivering high-quality analytical products that support business decision-making.

The ideal candidate will have a strong background in risk management, financial analysis, and statistical modeling, with the ability to design and execute complex analytical processes.

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

In this role, you will work closely with cross-functional teams to develop and implement portfolio analytics and sensitivity analysis, as well as provide support for audit, model risk management, and regulatory examinations.

You will be responsible for executing day-to-day activities, including portfolio analytics, sensitivity analysis, econometric analysis, and other analyses as deemed necessary.

Key responsibilities include:

  • Designing and executing analytical processes to deliver high-quality analytical products
  • Mining, cultivating, and analyzing available data to determine potential areas for analysis
  • Reconciling analyzed data sources to available internal and external reporting
  • Ensuring completeness and accuracy of analyzed data sets, noting data quality or completeness concerns to management
  • Executing assigned analytical exercises
  • Documenting and reporting on the results of assigned analyses

In addition to these key responsibilities, you will also develop relationships with the Credit Risk organization and leverage these relationships to identify new areas of the portfolio where further analysis may be beneficial.

To be successful in this role, you will need to have:

  • A Bachelor's Degree and 4 years of experience in Risk Management, Financial Analysis, or Statistical Modeling, or an equivalent combination of education and experience
  • Experience with Data Manipulation and Analytical Software (SAS, SQL, Python, Netezza, Oracle, Tableau, PowerBI, etc.)
  • Experience working with large datasets
  • Expert skills in Excel/PowerPoint
  • Strong knowledge of Credit Risk principles
  • Strong communication skills – interpersonal
  • Organization skills - Detail oriented

Prior experience in large financial institutions and stress testing, underwriting, reporting, analytics, or data would be advantageous.

Estimated salary range: $113,318 - $196,428 per year, depending on location, skills, and experience.

At First Citizens Bank, we offer a comprehensive benefits program designed to meet our associates where they are in life, including customized offerings to support families, however defined. Learn more about our benefits here: https://jobs.firstcitizens.com/benefits



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