Model Governance, Reporting Analyst

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

Job Summary

This position is responsible for the Operations and Execution of Model Risk Management key activities. This includes overseeing the model governance framework across the model lifecycle, including model inventory management, policy and standards adherence, documentation quality assurance, model validation coordination, and issue tracking. Additionally, this role will focus on leading and managing Internal and External examinations, inclusive of the end-to-end management and closure of any resulting issues or observations. This position requires exceptional organizational skills, attention to detail, and the ability to manage multiple priorities in a dynamic, risk-focused environment.

Duties & Responsibilities

• • Model Review Scheduling and Tracking - help coordinate the scheduling and tracking of recurring model validations and annual reviews to ensure adherence to MRM policies.
  • Internal and External Exams - coordinate audit and regulatory examination requests, ensuring timely and accurate responses to inquiries, data requests, and documentation reviews.
  • Documentation and Reporting - Prepare comprehensive recurring reports and presentations summarizing the status of model reviews and internal/external exams, as applicable, for internal and external stakeholders.
  • Lead and coordinate Model Risk Management initiatives and enterprise-wide projects - ensuring alignment with regulatory expectations, effective cross-functional collaboration, and timely delivery of key milestones that enhance the Banks overall model risk framework.
  • Collaboration - Work closely with stakeholders across various departments to gather necessary information to support model review scheduling, and internal and externals exams.

Bachelor's Degree and 4 years of experience in Operational Risk, Risk Management in Financial Services OR High School Diploma or GED and 8 years of experience in Operational Risk, Risk Management in Financial Services

Preferred Education: Advanced Degree in Quantitative discipline (math, statistics)Preferred Area of Study: Economics, Mathematics, Finance, Statistics, Risk ManagementPreferred Area of Experience: Development and/or model validationLicense or Certification Type: null nullSkill(s): Quantitative Analysis, Model Risk Assessment Techniques, Stress Testing Methodologies

The base pay for this position is generally between $110,000.00 and $160,000.00. 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.

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.

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.