First Citizens Bank · 8 months ago
Quantitative Analyst Consultant, Model Risk Management (Remote)
United States
Full-time
Remote
Senior Level
$150K/yr - $205K/yr
6+ years expFirst Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more. This remote role focuses on providing risk analytics and expert support to business units, developing solutions to minimize risk, and enhancing current processes through data analysis and reporting.
LendingFinanceBankingPaymentsProperty & Casualty InsuranceInsuranceWealth Management
Responsibilities
Identifying Risk - Leads the design and implementation of process evaluation methods, and the development of expert solutions to address identified risks. Works closely with management to ensure risk strategies are effective and compliant. May involve creation, evaluation, and execution of models or simulation scenarios to test risk conditions
Data Analysis - Sources, compiles, and interprets data. Performs complex analysis for risk trends and data discrepancies, and may direct the analytics efforts of the work group
Reporting - Produces reports based on data analysis, company trends, and risk factors. Conveys patterns, problems, and areas of improvement. Enables insight into potential losses and mitigation of identified risks through reporting activities
Operational Support - Supports business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement test environments. Collaborates with management and other associate to improve team efficiency, transparency, and responsible use of models. Handles complex technical matters and participates in special projects
Qualification
Required
Bachelor's Degree and 6 years of experience in financial, statistical, or quantitative analysis experience OR High School Diploma or GED and 10 years of experience in financial, statistical, or quantitative analysis experience
Preferred
Advanced degree (Master's or Ph.D.) in a quantitative field (e.g., Statistics, Data Science, Financial Engineering, Mathematics, Economics, or a related quantitative discipline)
2+ years of relevant experience in model development, model validation, or model implementation in a regulated industry, is preferred
Understanding of Large Language Models and their API use
Proficiency in both traditional statistical methods and machine learning techniques; Advanced programming skills (e.g., Python, R, SAS, SQL)
Strong understanding of regulatory requirements, particularly those related to stress testing and capital planning
Excellent problem-solving skills, attention to detail
Excellent written and verbal communication skills
Understanding of regulatory guidance and expectations in Large Financial Institutions
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
Frank Holding
Chairman and CEO
C
Craig Nix
Chief Financial Officer
Recent News
vcnewsdaily.com
2026-02-18
2026-02-17
Company data provided by crunchbase