Quantitative Analyst I - Consumer Credit Model Development

This is a hybrid role in Atlanta, GA with the expectation that time working will regularly take place inside and outside of a company office. Three days a week in office.

The model development analyst (Quantitative Analyst I) Consumer Model Development will focus on developing and implementing sophisticated credit risk models for consumer lending portfolios. This position provides support and expertise through research, developing, data gathering for model development. Creates improvements to current processes and procedures and ensures compliance with relevant rules and regulation

* Under direction of senior model analyst and/or manager, perform tasks for development, validation, and implementation of credit risk models across all consumer lending products including, credit card, auto, mortgage, and HELOC.
* Perform data analysis and cleaning tasks to support model development.
* Cross validates other team members analytical works
* Maintain code updates and code commentary up to date
* Monitor model performance and identify potential areas for improvement.
* Contribute to the generation of reports for CCAR and CECL requirements.
* Stay current with industry best practices and regulatory guidance.
* Maintain the procedure documentation up to date
* Keep working folders organized and clean

Bachelor's Degree and 2 years of experience in financial, statistical, or quantitative analysis experience OR High School Diploma or GED and 6 years of experience in financial, statistical, or quantitative analysis experience

Preferred Skills:

* PhD degree in Statistics, Mathematics, Finance, or related quantitative field preferred
* 2 years of progressive experience in credit risk model development in U.S. banks
* Hands on experience using Python, SAS, SQL
* Hands on experience in model development, including model development during academic studies
* Expert knowledge of statistical modeling, machine learning techniques, and risk analytics methodologies
* Basic knowledge about bank's credit management practice
* Basic understanding of bank's operations

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.