First Citizens Bank · 2 weeks ago
Model Risk Analyst, Non-Model Quantitative Tools (Remote)
United States
Full-time
Remote
Mid Level
$110K/yr - $160K/yr
4+ years expFirst Citizens Bank is a financial institution seeking a Model Risk Analyst for their Model Governance team. This remote role involves assessing and overseeing risks, managing the lifecycle of Non-Model Quantitative Tools, and providing leadership in risk management practices.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
You will be a part of FCB’s Model Governance team within the Model Risk Management (MRM) department and will be responsible for leading a variety of activities around the life cycle of Non-Model Quantitative Tools lifecycle. The specific responsibilities will include:
Design and develop improvements to MRM’s processes to improve overall efficiency of Non-Model Quantitative Tool lifecycle activities
Support cross functional initiatives
Collaborate with colleagues, industry peers, and functional teams to continually improve operational and project management capabilities
Manage execution of a broad range of tool lifecycle stages, including:
Identification and risk tiering of Non-Model Quantitative Tools across the Bank
Vendor or new products due diligence and onboarding
Communications between MRM Leadership Team and relevant stakeholders to define applicable monitoring, efficiency metrics, and escalatory processes
Inventory Attestation, Changes, and
Quality Assurance Reviews
Supporting regulatory and audit requests including write ups when necessary
Control design and control testing
Drive MRM tool review working group meetings. Create clear and concise status summaries with action items
Support maintenance of MRM Policy, Standards, Procedures, Templates, and system workflows
Manage and implement changes to model risk management controls including design and execution
Create and maintain internal and Executive Level dashboards and metrics for reporting across project deliverables
Interface with stakeholders outside of MRM including Regulatory Relations, Internal Audit and Project Management Office
Develop training materials and conduct stakeholder training and support
Facilitates communication and builds effective working relationships with key business stakeholders and risk owners
Provide reporting and drive organizational tool identification projects
Qualification
Required
Bachelor's Degree and 4 years of experience in Risk management, or financial analysis, or statistical modeling OR High School Diploma or GED and 8 years of experience in Risk management, or financial analysis, or statistical modeling
Preferred
Master's degree or Advanced Degree in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting
Exceptional communication skills, both written and verbal
Experience working at a Large Financial Institution
Expertise in broad range of tool lifecycle stages
Advanced control design and control testing experience
Benefits
Variable incentives
Bonuses
Benefits
Other awards
Company
First Citizens Bank
First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.
10001+ employees
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 CompanyTotal Funding
$33M2021-05-07Post Ipo Debt· $10M
2018-08-29Post Ipo Debt· $23M
1986-10-31IPO
Leadership Team
C
Craig Nix
Chief Financial Officer
Samantha Bureau - Johnson
SVP & Director, Customer Contact Center
Recent News
2026-01-06
2025-12-22
Company data provided by crunchbase