Senior Risk Analyst – Resi Stress Testing (Hybrid) Position Available In Wake, North Carolina
Tallo's Job Summary: The Senior Risk Analyst - Resi Stress Testing (Hybrid) role at First Citizens involves supporting credit loss stress testing for the bank's residential portfolios. Responsibilities include execution of stress testing activities, coordination with various teams, and developing comprehensive reporting. Qualifications include a bachelor's degree with 4 years of experience in risk management or financial analysis, or a high school diploma with 8 years of relevant experience. Preferred qualifications include direct experience with CCAR/DFAST stress testing and familiarity with capital planning requirements. The role offers a comprehensive benefits program for full-time associates.
Job Description
Overview 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•Resi Stress Testing position supports the team responsible for Credit Loss Stress Testing production and execution of the Bank’s Residential Portfolios. This team manages the credit loss portions of the bank’s annual CCAR Stress Testing exercise, as well as additional runs as needed throughout the year. The team also authors the credit loss portions of the annual capital plan and is responsible for maintaining detailed process and procedure documentation consistent with peer best practices and regulatory expectations. Responsibilities The Senior Risk Analyst works within the team to ensure delivery of current and long-term production/execution priorities; the execution of day-to-day activities, including production cycles, intra-cycle testing, and sensitivity analysis. Further, the Senior Risk Analyst supports the teams work with the credit organization to ensure appropriate review and challenge of the results is completed and documented. The Senior Risk analyst supports Bank responses to audit, model risk management and regulatory examinations and for all Credit Risk Stress Testing Activities and coordinates these activities with the Senior Director•Risk Analytics, the as well as the heads of Model Development, Model Implementation, and Capital Planning. 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 Qualifications Bachelors 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
Additional Requirements:
Area of study in Finance, Economics, Mathematics, Statistics, or a related field Strong knowledge of Credit Risk principles which inform credit loss forecasting Experience with statistical / data software packages such as Netezza, SQL, Python, SAS Project Management Skills Execution oriented Strong skills in excel/PowerPoint 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) First Citizens 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: https://jobs.firstcitizens.com/benefits
Qualifications:
Bachelors 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
Additional Requirements:
Area of study in Finance, Economics, Mathematics, Statistics, or a related field Strong knowledge of Credit Risk principles which inform credit loss forecasting Experience with statistical / data software packages such as Netezza, SQL, Python, SAS Project Management Skills Execution oriented Strong skills in excel/PowerPoint 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) First Citizens 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: https://jobs.firstcitizens.com/benefits
