Senior Risk Analyst-Risk Analytics (Retail Execution) at First Citizens Bank and Trust Company

Charlotte Amalie, United States Virgin Islands, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Feb, 26

Salary

0.0

Posted On

18 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Financial Analysis, Statistical Modeling, Credit Products, Data Visualization, Analytical Programming, Project Management, Process Improvement, Regulatory Compliance, Data Analysis, Macroeconomic Analysis, Dashboard Development, Cross-Functional Collaboration, Documentation, Control Checks, Scenario Analysis

Industry

Banking

Description

Overview This is a hybrid role (if located in Charlotte, NC or Raleigh, NC) with the expectation that time working will regularly take place inside and outside of a company office. Three days a week in the office. Open to remote in several markets for highly qualified candidate. The role supports the execution of ACL (Allowance for Credit Losses) processes for retail credit products in compliance with CECL (Current Expected Credit Loss) standards. The Senior Analyst will assist in ensuring accurate reserve estimations, regulatory reporting, and CECL-compliant forecasting. This role requires a strong foundation in finance, risk analytics, and data analysis to support internal reporting, enhance insights, and contribute to ongoing model and process improvements. This role is ideal for someone who is highly detail-oriented, technically proficient, and able to connect complex models with operational implementation—essentially the “last mile” person between models, data, and actionable outputs. Responsibilities ACL Execution & Analysis: Contribute to the execution of ACL processes across retail portfolios (e.g., credit cards, auto loans, mortgages and HELOC). Assist in producing monthly and quarterly reserve estimates in compliance with CECL and GAAP. Maintain execution schedules, ensure timely model runs, and escalate delays or anomalies. Controls & Compliance Support Maintain documentation of ACL execution processes for audit and regulatory reviews. Perform periodic control checks (e.g., manual overrides, exception handling). Support audit and risk reviews by preparing traceable execution artifacts and documentation. controls & Compliance Support Reporting & Analytics: Oversee the preparation of ACL reporting packages for senior management, Finance, Risk, and regulatory stakeholders. Provide insights into key drivers of reserve changes, portfolio performance and macroeconomic impacts. Develop dashboards and analytics tools to enhance ACL visibility and facilitate data-driven decision-making. Support stress testing, scenario analysis, and capital planning efforts by integrating ACL insights into broader risk management frameworks. Cross-Functional Collaboration: Liaise with model developers, finance teams, and risk officers to clarify inputs, interpret outputs, and align results with expectations. Support the preparation of execution decks, walkthroughs, and summaries for management. Communicate variances or anomalies clearly and propose data- or logic-related resolutions. Process Improvement: Identify inefficiencies or bottlenecks in the execution workflow and suggest improvements. Participate in cross-functional working groups to standardize ACL practices. Document and maintain process maps and SOPs for ACL execution tasks. Qualifications 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 Preferred Education/Licenses or Certification: Masters or CPA/CFA preferred Preferred Area of Study: Finance or Economics Preferred Skills: Experience with retail credit products (e.g., credit cards, auto loans, mortgages) Familiarity with ACL automation tools and data infrastructure Proficiency in data visualization tools (e.g., tableau, Power BI) Proficiency in analytical programming languages (e.g., SQL, Python, SAS) Strong project management skills to drive initiatives related to process improvement and regulatory compliance #LI-Hybrid 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.

Responsibilities

The Senior Risk Analyst will support the execution of ACL processes for retail credit products, ensuring accurate reserve estimations and compliance with CECL standards. Responsibilities include overseeing reporting packages, collaborating with cross-functional teams, and identifying process improvements.