Credit Risk Ratings Data Analyst

This is a remote role that may be hired in several markets across the United States.

This position will be part of team leading the deployment of risk rating models which are critical in maintaining compliance with regulatory standards, optimizing operational efficiency, and supporting credit risk management initiatives. Risk ratings deployment team is responsible for managing, cross-functional coordinating, and executing on the implementation of the dual risk rating framework across the Enterprise. This role will report to the Senior Director of Credit Risk Administration, and will help drive implementation, training, and adoption of new risk rating framework. This position is responsible for gathering, organizing, and analyzing large data sets using statistical techniques and tools, to ensure data quality, integrity and compliance with applicable laws, regulations, and Bank policies that assist management with making informed business decisions. The role also requires development of model as executable packages in Python or similar languages that can automate the calculation and analysis of risk rating tasks. Serves as liaison to the Bank's control groups and external vendors to ensure compliance with various controls and change management requirements. Implements technological solutions to support availability of analytical information being used by the Business. A successful individual in this position will have cross-functional skills including strong understanding of credit and risk management, project management and understanding of credit processes at a LFI, strong coding experience in Python or other scripting languages as well as inter-personal skills to build relationships across the enterprise with exposure to various stakeholders including senior credit officers, business teams, senior management and regulatory agencies.

• Data Analysis - Gathers, organizes, and sorts data to develop moderately complex data models for the department, business unit staff, and other stakeholders. Accesses structured and unstructured systems across the organization, utilizing coding efforts where needed to meet testing requirements. Provides effective and timely communications on findings.
• Systems Support & Governance - Develops and maintains databases and systems ensuring data is in a readable, organized format. Removes corrupted data and corrects coding errors and related problems. Troubleshoots department information systems in a timely and effective manner as needed. Identifies process improvement opportunities, proposes system modifications, and devises data governance strategies.
• Reporting - Analyzes and produces reporting for management and other stakeholders regarding the Bank's risks, trends, patterns, and exceptions. Assists senior management with compiling, preparing, and completing of committee presentations, annual audit plan, and risk assessments.
• Operational Support - Provides support for the department regarding technical inquiries by coordinating with external vendors or internal subject matter experts.

Bachelor's Degree and 4 years of experience in Banking, financial or other directly related industry OR High School Diploma or GED and 8 years of experience in Banking, financial or other directly related industry

Preferred Area of Study: Mathematics, statistics, computer science, information management

Preferred Education Level: Masters Degree in STEM field

Preferred Skills:

Spreadsheet and database knowledge

Ability to analyze and visualize large sets of data using Python and/or similar languages

Ability to create and apply accurate algorithms to datasets to identify solutions

Knowledge of programming languages including but not limited to SQL, Oracle, R, MATLAB, Python

Proficiency in statistics and statistical packages/applications used to analyze data sets

Technical proficiency in Tableau and TeamMate

Analytical, critical thinking, organization and communication skills

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 $100,000 and $165,000. 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.