We are looking for an experienced and skilled senior model developer to join our Modeling and Analytics team at First Citizens. In this role, you will be in charge of developing, implementing, monitoring, and reporting risk rating models tailored for commercial loan portfolios.
• Lead the development and improvement of risk rating models for commercial loans
• Analyze internal and external financial and loan-level data for model development
• Document model development processes to ensure compliance with regulatory standards
• Facilitate model validation with the bank's Model Risk Management team
• Collaborate with IT teams to integrate developed models into bank systems
• Work with cross-functional teams to gather input for model improvement
• Monitor model performance and make necessary adjustments
• Produce comprehensive reports on model outcomes
• Stay updated on industry best practices and regulatory changes
Qualifications:
• Bachelor's Degree and 8 years of experience in Risk Management, Financial Analysis, or Statistical Modeling OR High School Diploma or GED and 12 years of experience in the same field
• Master's or Ph.D. in a quantitative field (Preferred)
• Proven experience in developing risk rating models for commercial loans
• Strong proficiency in statistical modeling techniques and programming languages
• Excellent analytical and problem-solving skills
Location: Morrisville, NC
Posted: Oct. 2, 2024, 7:12 a.m.
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