Financial Analyst II

The Financial Analyst II - Stress Testing position supports the team responsible for Credit Loss Stress Testing production and execution of the Bank's Residential Portfolios. This team manages the credit loss portions of the bank's annual CCAR Stress Testing exercise, as well as additional runs as needed throughout the year. The team also authors the credit loss portions of the annual capital plan and is responsible for maintaining detailed process and procedure documentation consistent with peer best practices and regulatory expectations

The Financial Analyst II works within the team to ensure delivery of current and long-term production/execution priorities; the execution of day-to-day activities, including production cycles, intra-cycle testing, and sensitivity analysis. Further, the Financial Analyst II supports the teams work with the credit organization to ensure appropriate review and challenge of the results is completed and documented.
The Financial Analyst II supports Bank responses to audit, model risk management and regulatory examinations and for all Credit Risk Stress Testing Activities and coordinates these activities with the Senior Director - Risk Analytics, the as well as the heads of Model Development, Model Implementation, and Capital Planning.

* Coordinate tactical execution of the Credit Risk Stress Testing and 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

* Bachelor's Degree in a Finance, Economics, Mathematics, Statistics, or a related field
* 2 years of experience in Risk management, or financial analysis, or statistical modeling OR High School Diploma or GED and 4 years of experience in Risk management, or financial analysis, or statistical modeling

Preferred Qualifications:

• 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.
• Direct experience with executing CCAR/DFAST Stress testing - preferably with respect to credit losses, at a $50BN or larger bank

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.