Manager Quantitative Analysis-Credit Risk Modeling jobs in United States
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First Citizens Bank · 2 weeks ago

Manager Quantitative Analysis-Credit Risk Modeling

positionRaleigh, NC
timeFull-time
remoteHybrid
senioritySenior Level
date7+ years exp

First Citizens Bank is seeking a highly skilled and motivated candidate to join their Modelling and Analytics team as a Manager Quantitative Analysis. This role involves developing, maintaining, and enhancing credit risk models, ensuring regulatory compliance, and providing insightful analysis for senior leadership.

BankingInsuranceLendingPaymentsWealth Management
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H1B Sponsor Likelynote

Responsibilities

Lead and mentor a team of quantitative developers focused on credit risk analytics for both commercial and consumer loan portfolios
Develop and maintain loan loss forecasting models that align with CCAR and CECL regulatory requirements and support internal business needs
Identify model limitations and design remediation strategies using advanced statistical techniques
Prepare detailed model documentation, including model development approach, conceptual soundness, and outcomes, and submit documentation for validation and audit purposes
Prepare reports for senior leadership by summarizing model performance, key findings, and actionable insights to support decision-making

Qualification

Credit risk modelingPythonStatistical analysisRegulatory complianceModel development documentationData ScienceLeadershipTeam management

Required

Bachelor's Degree and 4 years of experience in Financial, Statistical or Quantitative Analysis Experience OR High School Diploma or GED and 8 years of experience in Financial, Statistical or Quantitative Analysis Experience

Preferred

Advanced degree, Masters/PHD in quantitative field, i.e. mathematics, computer science, financial engineering
Quantitative or Statistical Analysis, Financial Engineering, Computer Science, Mathematics
Banking, Financial Engineering, Computer Science
Master's degree in Mathematics, Finance, Economics, Data Science or related quantitative field
At least 7 years experience of experience in credit risk modeling, with 3 years in a leadership role
Hands on experience using Python, R, SAS, SQL
Strong understanding of regulatory requirements and experience in interactions with regulatory bodies
Hands on experience in model development and model development documentation
Demonstrated experience in leading teams responsible for development, maintaining and enhancing credit risk models (PD/LGD/EAD/ECL)

Company

First Citizens Bank

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First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.
dateFounded in 1898
location
Raleigh, North Carolina, USA
people-size10001+ employees
web-link
http://www.firstcitizens.com

H1B Sponsorship

First Citizens Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (126)
2024 (115)
2023 (249)
2022 (53)
2021 (12)
2020 (9)

Funding

Current Stage
Public Company
Total Funding
$33M
2021-05-07Post Ipo Debt· $10M
2018-08-29Post Ipo Debt· $23M
1986-10-31IPO

Leadership Team

C
Craig Nix
Chief Financial Officer
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Samantha Bureau - Johnson
SVP & Director, Customer Contact Center
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