First Citizens Bank
Director, ALM, Market Risk, Model Risk Mgmt (Remote)
First Citizens Bank, Raleigh, North Carolina, United States, 27601
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Director, ALM, Market Risk, Model Risk Mgmt (Remote)
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First Citizens Bank . Overview : This is a remote role that may be hired in several markets across the United States. This position manages and executes validation activities associated with risk models. Oversees key model governance activities as well as tactical and operational activities for the MRM Department. Leads a team of associates in evaluating the conceptual soundness of models to determine their limitations and suitability of use. Establishes the scope and necessary testing of validations, providing guidance to associates as necessary on complex issues. Consults with model owners to resolve questions or deficiencies. Responsible for validation scripts and related documentation. Works closely with business partners on stakeholder reporting, the remediation of findings, and other aspects of model validation that support risk management objectives. Responsibilities : Validation Oversight - Develops and oversees associates and processes related to model validations, including independent testing and model inventory updates. Managerial Functions - Establishes and monitors expectations to achieve company and department goals. Reporting - Oversees validation reports to ensure the accuracy and completeness of included information. Collaboration - Develops productive partnerships between business units and teams involved in model risk management activities. Qualifications : Bachelor's Degree and 8 years of experience in Quantitative analysis in a financial institution and regression methodologies, loss forecasting or regulatory capital estimation. OR High School Diploma or GED and 12 years of experience in Quantitative analysis in a financial institution and regression methodologies, loss forecasting or regulatory capital estimation. Preferred Education: Advanced Degree. Preferred Area of Study: Economics, Quantitative Finance, Statistics, or related quantitative discipline. Skill(s): Knowledge of regression methodologies, loss forecasting, or regulatory capital estimation, Familiarity with relational databases and SQL, Expert knowledge of SAS, R, or other programming language. The base pay for this position is generally between $170,000.00 and $215,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. Equal Employment Opportunity : First Citizens Bank is an equal opportunity employer and welcomes applications from diverse candidates.
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Director, ALM, Market Risk, Model Risk Mgmt (Remote)
at
First Citizens Bank . Overview : This is a remote role that may be hired in several markets across the United States. This position manages and executes validation activities associated with risk models. Oversees key model governance activities as well as tactical and operational activities for the MRM Department. Leads a team of associates in evaluating the conceptual soundness of models to determine their limitations and suitability of use. Establishes the scope and necessary testing of validations, providing guidance to associates as necessary on complex issues. Consults with model owners to resolve questions or deficiencies. Responsible for validation scripts and related documentation. Works closely with business partners on stakeholder reporting, the remediation of findings, and other aspects of model validation that support risk management objectives. Responsibilities : Validation Oversight - Develops and oversees associates and processes related to model validations, including independent testing and model inventory updates. Managerial Functions - Establishes and monitors expectations to achieve company and department goals. Reporting - Oversees validation reports to ensure the accuracy and completeness of included information. Collaboration - Develops productive partnerships between business units and teams involved in model risk management activities. Qualifications : Bachelor's Degree and 8 years of experience in Quantitative analysis in a financial institution and regression methodologies, loss forecasting or regulatory capital estimation. OR High School Diploma or GED and 12 years of experience in Quantitative analysis in a financial institution and regression methodologies, loss forecasting or regulatory capital estimation. Preferred Education: Advanced Degree. Preferred Area of Study: Economics, Quantitative Finance, Statistics, or related quantitative discipline. Skill(s): Knowledge of regression methodologies, loss forecasting, or regulatory capital estimation, Familiarity with relational databases and SQL, Expert knowledge of SAS, R, or other programming language. The base pay for this position is generally between $170,000.00 and $215,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. Equal Employment Opportunity : First Citizens Bank is an equal opportunity employer and welcomes applications from diverse candidates.
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