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FirstBank · 3 days ago

ACL Analyst

Nashville, TN

Full-time

Onsite

Entry, Mid Level

2+ years exp

FirstBank is seeking an ACL Analyst to run and analyze the Current Expected Credit Loss (CECL) model within the accounting organization. The role involves analyzing key loan data-driven activities and assisting management in optimizing data capture and utilization.

BankingFinanceFinancial Services

Responsibilities

Run and analyze the banks CECL model including pre-model data validation, model parameter setting, and model results analysis

Maintain the CECL allowance model and understand all methodologies and policies

Accurately prepare data, calculations, documentation and reporting used to support the ACL

Assemble quarterly allowance presentations for the ACL Committee and the Board

Assist in an ongoing data project to include working with Operations and Risk Management to remediate existing data and to refine and track additional loan-related data

Participate in data onboarding for acquired entities as it relates to allowance needs and identification of PCD assets

Parse, reconcile, and analyze large sets of data to ensure accuracy and integrity

Ensure compliance with the control framework developed for CECL

Research and analyze GAAP, regulatory, control issues, and other relevant drivers and trends that may impact the ACL

Analyze data and model results to create audit documentation and responses to internal and external auditors, as well as regulators

Assist with other Risk and Finance reporting as identified

Perform other duties as assigned

Qualification

CECL model analysisData validationExcel proficiencyAccounting experienceCredit risk experienceFoundational communicationAnalytical skillsAttention to detail

Required

Bachelor's degree in Finance/Accounting or equivalent

Two to five years of accounting or credit/risk experience. Allowance experience (incurred loss or CECL) preferred

Foundational Computer Skills

Frequent use of electronic mail, word processing, data entry, graphics, etc

Proficiency in Excel (Pivot Tables, VLookup) and data integrity

Proficiency in the use of other PC software tools for analysis and reporting, with demonstrated ability to quickly learn new software and models

Foundational Communication - Simple messages communicated orally. May write brief messages and keep simple records. May explain and offer guidance on routine procedures. Ability to write and revise technical memos explaining the ACL results and changes

Excellent analytical and decision-making skills to make appropriate decisions when solving critical problems and accomplishing objectives

Ability to determine and set priorities

Strong attention to detail

Ability to demonstrate the highest level of ethical behavior and confidentiality and maintain confidentiality with sensitive information

Respectful demeanor toward other associates and managers that promotes a positive and professional work environment

Understand and comply with bank policy, laws, regulations as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity