Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

Support model development and Big Data/Machine Learning initiatives. Support the development and implementation of digitally-driven credit risk management strategies to optimize performance across the credit life cycle. Be a key member of the Automated Decisioning team responsible for the strategic vision of automated decision making and digital risk management strategies to transform the way small businesses access financing. Work with cross-functional teams, including business development, sales, credit, IT, and model governance functions, to develop and drive innovative digital lending strategies, influence strategic decisions, and identify new opportunities through the application of leading-edge analytical techniques. Build and support models for Commercial Banking. Build and support models for regulatory requirements. Build tools and process enhancements, identifying opportunities to automate parts of model development and contributing to infrastructure, tool, or process improvement to enable efficiencies on the team. Perform ad-hoc quantitative support for other areas in the organization. May work remotely pursuant to First Citizens' Remote Work Guidelines policy. Requires at least three (3) days in the office per week. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.

Position requires a Bachelor's degree in Quantitative Finance, Applied Mathematics, Statistics, Engineering, or other quantitative-oriented disciplines plus five (5) years of experience in the job offered or a related occupation. Alternatively, position requires a Master's degree in Quantitative Finance, Applied Mathematics, Statistics, Engineering, or other quantitative-oriented disciplines, and one (1) year in the job offered or a related occupation.

Requires highly developed analytical capabilities with the ability to translate data and analysis into business opportunities and deliver insights to drive optimized growth strategies that are balanced against risk. Requires experience with functional extraction of data. Requires experience with advanced programming skills in one of the following: R, SAS, or Python. Requires knowledge of Model Risk Management Regulatory Guidance (SR 11-7/OCC 2011-12). Requires ability to understand technical issues in statistical modeling, including theoretical assumptions and methodology limitations, data pitfalls, model sensitivities, simulation approaches or scenario analyses for low-default portfolios, and applying these skills toward providing robust solutions to business problems. Requires experience with SQL. Requires experience with Tableau. Requires Consumer or Commercial lending domain knowledge. Requires hands on risk scorecard development experience. Experience and skills can be gained concurrent to graduate degree. May work remotely pursuant to First Citizens' Remote Work Guidelines policy.

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits

To Apply: Go to https://jobs.firstcitizens.com/jobs and submit your resume to Job #26489. #EJC and #LI-DNI

First Citizens Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles), color, religion, national origin, sex, age, disability, protected veteran status, sexual orientation, gender identity, genetic information, military membership, application, or obligation, or any other legally protected status.