Under the Head of CCAR Execution, lead a team to design and execute the PPNR and Balance sheet forecasting processes for FCB’s CCAR Program. Lead discussions with various level of management to assess the reasonableness of results and subject the results to appropriate review and challenge. Size and defend required overlays and adjustments.
This position will lead a team of quantitative professionals in support of the implementation of the strategy related to quantitative modeling in line with the bank's overall strategy and prioritization. In addition, the role will provide leadership, direction, and methodology for the quantitative analyst team on relevant model development, model validation, critical feedback on technical documentation, and effective challenges on model development/validation.
Responsibilities
• Execution – Executes the annual CCAR cycle and all additional cycles as required.
• Business Strategy – Recommends actions and strategies that support the goals and objectives of the business. Provides oversight of department team strategy and acts as resource to senior managers.
• Managerial Functions – Assist in determination of staffing needs. Train and Sheppard junior talent. Lead the preparation and analysis of detailed documents for validations and regulatory compliance.
Qualifications
Bachelor's Degree and 6 years of experience in Financial, Statistical or Quantitative Analysis Experience, with at least 2 years management/lead experience OR High School Diploma or GED and 10 years of experience in Financial, Statistical or Quantitative Analysis Experience, with at least 2 years management/lead experience
Preferred Education: advanced degree, masters/PHD in quantitative field, ie mathematics, computer science, financial engineeringPreferred Area of Study: Quantitative or Statistical Analysis, Financial Engineering, Computer Science, MathematicsPreferred Area of Experience: Banking, Financial Engineering, Computer ScienceLicense or Certification Type: null null
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.