Senior Financial Analyst - ALM Strategies and Analytics (Hybrid)

First Citizens Bank - Morristown, NJ

Full-time - Senior

Hybrid - Morristown, NJ

Credit Intermediation and Related Activities

About the position

This senior-level hybrid role supports the Asset Liability Management (ALM) Strategies and Analytics team in identifying, communicating, and managing interest rate risk associated with current and forecasted business activities. The position utilizes quantitative approaches and robust methodologies to inform decision-making in hedging strategies, balance sheet optimization, funding and investment allocation, and product strategies.

Responsibilities

• Develop scenarios and analytics to identify and monitor sources of interest rate risk in current and forecasted balance sheets.
• Conduct advanced portfolio analytics and deep-dives into products to gain insights into emerging trends, risks, and profitability.
• Design, automate, and maintain effective senior management reporting, including presentations to ALCO and the Board.
• Participate in the review and analysis as the ALM subject matter expert of new products and services, and changes to product offerings.
• Conceptualize, devise, implement, and document quantitative solutions as part of ALM strategy initiatives and analytical developments.
• Stay abreast of industry best practices and research market trends and regulatory changes impacting ALM decisions.
• Assist in proposing risk management strategies in collaboration with other risk disciplines, including capital, liquidity, and credit.
• Collaborate with cross-functional teams to implement effective risk management strategies.
• Contribute to the development and enhancement of ALM policies and procedures as applicable.
• Assist management with the onboarding and training of new staff and mentor less experienced staff.

Requirements

• Bachelor's Degree and 6 years of experience in Finance or Analytics OR High School Diploma or GED and 10 years of experience in Finance or Analytics.
• 5+ years of experience in ALM, finance, or risk management.
• Strong proficiency in financial modeling and analytical tools.
• Ability to work independently and collaboratively in a dynamic environment.
• Knowledge of regulatory requirements related to ALM and financial institutions.
• Experience in statistical/quantitative analysis tools (such as SQL, Python, or R), and business intelligence tools (such as Power BI or Tableau) strongly preferred.
• Familiarity with QRM or a similar risk management system is a plus.
• Relevant certifications (e.g. CFA, FRM) are a plus.

Nice-to-haves

• Experience in statistical/quantitative analysis tools (such as SQL, Python, or R).
• Familiarity with QRM or a similar risk management system.
• Relevant certifications (e.g. CFA, FRM).

Benefits

• Comprehensive benefits program for full-time associates (20+ hours) with customized offerings designed to support families.