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Senior Risk Analyst- Credit Risk Stress Testing- Hybrid (Morristown, Nj, Raleigh
First Citizens Bank And Trust Company - Morristown, NJ
posted 2 months ago
About the position
The Senior Risk Analyst - Credit Risk Stress Testing position at First-Citizens Bank & Trust Company is a hybrid role focused on supporting the execution of the bank's Credit Loss stress testing efforts. This includes managing the credit loss components of the annual CCAR Stress Testing exercise and ensuring compliance with regulatory expectations. The role involves collaboration with various teams to ensure accurate reporting and documentation of credit risk assessments.
Responsibilities
- Coordinate tactical execution of the Credit Risk Stress Testing 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.
Requirements
- Bachelor's Degree and 4 years of experience in Risk management, financial analysis, or statistical modeling OR High School Diploma or GED and 8 years of experience in Risk management, financial analysis, or statistical modeling.
- Project Management Skills.
- Execution oriented.
- Strong skills in Excel/PowerPoint.
- Strong knowledge of Credit Risk principles which inform credit loss forecasting.
- Strong communication skills - interpersonal.
- Organization skills - Detail oriented.
Nice-to-haves
- 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).
Benefits
- Variable incentives
- Bonuses
- Comprehensive benefits package
