Current jobs related to Sr. Model Risk Analyst, Deposit - Raleigh, NC - First Citizens Bank
-
Sr. Model Risk Analyst, Financial Crimes
2 weeks ago
Raleigh, NC, United States First Citizens Bank Full timeOverviewThis is a remote role that may be hired in several markets across the United States. The Senior Model Risk Management Analyst position is within First Citizens Bank's Model Risk Management (MRM) team, with a primary focus on conducting validations of the Bank's Financial Crimes and Compliance models, including (but not limited to) BSA/AML...
-
Sr. Model Risk Analyst, Financial Crimes
2 weeks ago
Raleigh, NC, United States First Citizens Bank Full timeOverviewThis is a remote role that may be hired in several markets across the United States. The Senior Model Risk Management Analyst position is within First Citizens Bank's Model Risk Management (MRM) team, with a primary focus on conducting validations of the Bank's Financial Crimes and Compliance models, including (but not limited to) BSA/AML...
-
Sr. Model Risk Analyst, Financial Crimes
6 days ago
Raleigh, NC, United States First Citizens Bank Full timeOverviewThis is a remote role that may be hired in several markets across the United States. The Senior Model Risk Management Analyst position is within First Citizens Bank's Model Risk Management (MRM) team, with a primary focus on conducting validations of the Bank's Financial Crimes and Compliance models, including (but not limited to) BSA/AML...
-
Risk Analyst III, CCAR/CECL Model Validation
2 weeks ago
Raleigh, NC, United States First Citizens Bank Full timeOverviewThis is a remote role that may be hired in several markets across the United States. This position is within First Citizens Bank's Model Risk Management (MRM) team and plays a critical role in ensuring the integrity, reliability, and regulatory compliance of the bank's credit risk models. The primary focus is on the independent validation of models...
-
Sr. Credit Risk Review Analyst
2 weeks ago
Raleigh, NC, United States Affinity Executive Search Full timeSr. Credit Risk Review Analyst - Commercial Lending Raleigh, NC $125,000 to $175,000+ Full benefits package Bonus + Paid Relocation Assistance Join our highly skilled Credit Risk Review (CRR) team as a Senior Credit Risk Review Analyst specializing in Commercial Lending. CRR's primary objective is to provide timely and independent assessments of credit...
-
Sr. Credit Risk Review Analyst
2 weeks ago
Raleigh, NC, United States Jamie Grayem Full timeSr. Credit Risk Review Analyst - Commercial Lending Raleigh, NC $125,000 to $175,000+ Full benefits package Bonus + Paid Relocation Assistance Join our highly skilled Credit Risk Review (CRR) team as a Senior Credit Risk Review Analyst specializing in Commercial Lending. CRR's primary objective is to provide timely and independent assessments of credit...
-
Sr. Credit Risk Review Analyst
2 weeks ago
Raleigh, NC, United States Affinity Executive Search Full timeSr. Credit Risk Review Analyst - Commercial Lending Raleigh, NC $125,000 to $175,000+ Full benefits package Bonus + Paid Relocation Assistance Join our highly skilled Credit Risk Review (CRR) team as a Senior Credit Risk Review Analyst specializing in Commercial Lending. CRR's primary objective is to provide timely and independent assessments of credit...
-
Sr. Credit Risk Review Analyst
2 weeks ago
Raleigh, NC, United States Jamie Grayem Full timeSr. Credit Risk Review Analyst - Commercial Lending Raleigh, NC $125,000 to $175,000+ Full benefits package Bonus + Paid Relocation Assistance Join our highly skilled Credit Risk Review (CRR) team as a Senior Credit Risk Review Analyst specializing in Commercial Lending. CRR's primary objective is to provide timely and independent assessments of credit...
-
Sr. Credit Risk Review Analyst
1 week ago
Raleigh, NC, United States Affinity Executive Search Full timeSr. Credit Risk Review Analyst - Commercial Lending Raleigh, NC $125,000 to $175,000+ Full benefits package Bonus + Paid Relocation Assistance Join our highly skilled Credit Risk Review (CRR) team as a Senior Credit Risk Review Analyst specializing in Commercial Lending. CRR's primary objective is to provide timely and independent assessments of credit...
-
Sr. Credit Risk Review Analyst
1 week ago
Raleigh, NC, United States Jamie Grayem Full timeSr. Credit Risk Review Analyst - Commercial Lending Raleigh, NC $125,000 to $175,000+ Full benefits package Bonus + Paid Relocation Assistance Join our highly skilled Credit Risk Review (CRR) team as a Senior Credit Risk Review Analyst specializing in Commercial Lending. CRR's primary objective is to provide timely and independent assessments of credit...
Sr. Model Risk Analyst, Deposit
3 weeks ago
This is a remote role that may be hired in several markets across the United States.
This position supports the implementation and execution of Bank wide model risk management policies and procedures, including model governance and performance monitoring, in conformance with regulatory guidance. Reviews complex models used within the organization, model documentation protocols, development and maintenance of model risk reporting and maintenance of the model inventory. Assesses model risks and limitations, makes recommendations, follows up and tracks ongoing model risk issues. Provides guidance and mentorship to less experienced credit approval associates within the work group.
Responsibilities
- Analysis - Conducts risk analysis to validate the performance of existing models and leads gap closing projects to include recommended model changes. Provides independent review of model validations, effectively assessing the validity of issues raised and methodological approaches for the proper resolution of these issues.
- Reporting - Reports regularly to the Model Risk Manager on the compliance of the model risk management program, including policies and procedures, with respect to its progress, working issues, and challenges.
- Relationship Development - Develops and maintains effective partnerships with the model analysts, model owners, business level risk management teams and auditors, internal and external.
- Business Support - Provides recommendations for the design, development, back testing, implementation and recalibration of models owned by the model development team. Assists in the review and validation of model performance and controls, including establishing the model validation scope, assessment of validation results and directing communication with stakeholders. Assists in the development and maintenance of the model inventory ensuring the inventory is complete, accurate, and consistent with the intent of the Model Validation Policy.
Bachelor's Degree and 6 years of experience in risk analytics OR High School Diploma or GED and 10 years of experience in risk analytics.
Preferred Qualifications:
- Recent experience with hands-on econometric and data coding exercise.
- Hands-on proficiency with Python, R, and SQL.
- Experience in first line and second line model development and validation activities.
- Master's (MS/MSc) or Doctoral (PhD) Degree with a quantitative focus - such as mathematics, physics, statistics, engineering, or operations research.
- Strong quantitative skills specific to econometric modeling - such as time series analysis, panel regression, piece-wise linear regression, multinomial logistical regression, numerical analysis, and optimization theory.
- Strong coding skills, and the ability to independently write Python and SQL queries to independently construct a broad range of model and data exercises.
- Keen familiarity with key aspects of model risk management
- Strong writing skills, and the ability to independently write validation reports and other model risk management communications.
- Strong meeting management skills - the ability to construct a meeting agenda, prepare meeting artifacts such as organizing slides, and the ability to effectively lead a meeting with senior line of business stakeholders, with an emphasis on clear communication, strong presence, and intellectual command over the meeting's objectives, order, and desired outcomes.
This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.
The base pay for this position is generally between $135,000.00 and $185,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
