Senior Risk Analyst, Liquidity Oversight (Remote)

This is a remote role that may be hired in several markets across the United States.

As a member of the Liquidity Risk Oversight (LRO) team this role will support the development, implementation, and execution of practices to monitor and independently assess liquidity risk across First Citizens Bank, a top 20 U.S. bank with over $200bn in assets. The LRO team serves as subject matter experts on funding and liquidity risk within the broader Risk Management organization with exposure to all products impacting liquidity including deposits, loans, securities, derivatives, wholesale funding, and commitments. This role will collaborate with various subject matter experts across Treasury, model risk, regulatory reporting, data oversight, enterprise risk, and compliance.

This position serves as an independent risk oversight function applying technical expertise, conducting data driven research, and building automation tools to support the execution of risk processes.

Oversight activities include:

• • Providing independent review of liquidity risk management strategies adopted by Corporate Treasury; reviewing the bank's balance sheet to ensure that potential liquidity risk exposures are being challenged, monitored, and controlled
  • Analyzing liquidity risks associated with balance sheet positions such as investment securities, unfunded commitments, deposits, wholesale funding, and derivatives
  • Assessing the bank's Liquidity Risk Management practices including internal liquidity stress testing, cashflow projections, liquidity regulatory reporting, and internal Funds Transfer Pricing processes relative to regulatory standards and industry practices
  • As applicable, participating in regulatory examinations, internal audit reviews, and issue remediation
  • Reporting to governance groups and senior management and maintaining clear documentation of oversight processes
  • Contributing to model risk management practices, including in depth review of model assumptions, design and implementation and back-testing performance of quantitative models
  • Completing ad-hoc projects and analysis consistent with the Liquidity Risk Oversight function's objectives
  • Monitoring and supporting enhancements to the Risk Appetite Framework, compliance with limits and thresholds, updates to policies and regulations to ensure emerging risks are identified and to recommend actions to reduce risk exposure

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 qualifications

• Degree in Finance, Economics, or other quantitative discipline, advanced degrees a plus, 4+ years of financial institution experience with at least 2 years in a Treasury or Risk Management role related to liquidity risk, balance sheet management, or market risk.
• Strong quantitative, analytical, and problem-solving skills. Ability to understand diverse financial products and business processes along with strong understanding of financial, management, and regulatory reporting.
• Excellent verbal and written communication and presentation skills. Ability and experience developing executive materials and comfort presenting to senior management and regulators.
• Ability to work independently and influence others; demonstration of initiative, resourcefulness and follow through; solid interpersonal skills.
• Strong work ethic, as well as the ability to learn and apply new concepts quickly and the ability to manage concurrent deadlines and multi-task across both team oriented and individual projects.
• Understanding of bank regulatory environment a plus: Regulation YY, Liquidity Coverage Ratio, and Net Stable Funding Ratio
• Hands on experience in research and analysis of a bank's balance sheet, preferably using ALM software (QRM a plus) and understanding of bank products
• Advanced proficiency with Microsoft Office applications and SQL; experience with VBA, Python, Tableau, or similar tools preferred

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $105,000.00 and $145,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.