Quantitative Analyst I (Hybrid)

This position will assist in the review & development of risk models & tools used to report on and manage the financial metrics, balance sheet and risk of the company. Responsible for assigned tasks that support data analysis and research that for model development and strategies using historical data.

• Data Analysis - Participates in the risk management analysis and identifying key risks to the bank.
• Model Development - Supports the execution of stress tests and scenario analysis to evaluate the performance of models under various adverse market conditions. Support development of the appropriate documentation for second line risk partners.
• Business Support - Provides daily support for assigned systems, products, or business units.
• Process Improvement - Identifies potential improvements to current procedures, plans, and controls to achieve business objectives and regulatory requirements.

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 Qualifications

• Strong academic background in a quantitative field such as engineering, statistics, finance or economics preferred
• Operate with a high level of self-sufficiency and can show whole leadership, i.e., someone who can lead themselves, manage their own workload, and drive their tasks forward independently
• Communicate clearly and succinctly, both in writing and verbally
• Ability to drive progress and use the resources at their disposal well
• Structure their thinking logically and produce clear, well-organized documentation
• Write high-quality meeting notes and follow through effectively
• Build thoughtful PowerPoint presentations that clearly convey the "story" of the models and recommendations
• Articulate model assumptions, limitations, and risks in a way that is understandable to stakeholders like Model Risk and Audit, but importantly delivering what's needed without over-sharing
• Help the team stay organized and on track from a light-touch project management perspective, contributing to timelines, deliverables, and coordination
• Support broader vision creation by seeing beyond individual tasks and thinking about how their work fits into larger strategic goals

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.