Senior Data Analyst - Credit Review

First Citizens; North Carolina; Remote; USD 130,000 - 185,000; Full time

Job summary

An established industry player is seeking a Credit Review Data Analyst to join their dynamic team. This remote role involves analyzing credit data to support risk assessment and portfolio monitoring. You will collaborate with various teams to develop advanced analytics and visualizations that highlight credit risk trends and insights. The ideal candidate will have a strong background in data analytics, credit risk management, and effective communication skills. Join this forward-thinking organization and contribute to impactful projects that shape the future of banking. If you are passionate about data and risk management, this opportunity is perfect for you.

Benefits

Competitive Benefits Program

Variable Incentives

Bonuses

Quality Benefits

Qualifications

• 6+ years of experience in Banking or related industry with strong data analytics skills.
• Experience with credit lending, finance, and risk management methodologies.

Responsibilities

• Analyze portfolio data to support credit risk assessment and monitoring activities.
• Create data visualizations and reports summarizing portfolio asset quality.

Skills

Data Analytics

Credit Risk Management

Analytical Skills

Problem-Solving Skills

Communication Skills

Education

Bachelor's Degree

High School Diploma or GED

MBA or Advanced Degree in Data Sciences

Tools

Oracle PL/SQL

Power BI

Tableau

SAS

Sharepoint

Job description

Overview

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

Credit Review (CR) is a key department within First Citizens Bank’s (FCB’s) second line of defense (2^nd LOD). Its mission is to provide executive management and the Board of Directors with an independent view of asset quality and credit risk management practices effectiveness across business units and support functions that originate or manage credit exposure. The team is comprised of risk management professionals with deep credit analysis, product knowledge, and transaction skills and experiences across various asset classes, industries, and stages of the client lifecycle.

Job Summary:

The Credit Review Data Analyst position is a key contributor on Credit Review’s General Bank team that is responsible for provisioning, managing, and performing credit data analyses in support of CR’s risk assessment, examination, and portfolio surveillance activities. The incumbent works independently as well as in collaboration with other CR team members and the SOAR (Strategy, Operations, Analytics and Reporting) Team and is expected to develop advanced analytics and generate concise visualizations that monitor credit risk trends, surface insights, and identify potential credit quality deterioration and/or risk management deficiencies that require further attention and/or escalation to senior management. The analyst is also expected to work with the Model Risk Management (MRM) group and the Allowance for Credit Loss (ACL) team in monitoring and evaluating the quarterly ACL estimate. The Credit Review Data Analyst reports to the Senior Director of Credit Review – General Bank who reports to FCB’s Head of Credit Review.

Responsibilities

• Source, manage, and analyze portfolio data in support of CR’s credit risk assessment, examination, and continuous monitoring activities, including analyzing asset quality through analytic testing, monitoring financial trends, evaluating loss performance, and tracking relevant market and industry to identify emerging risks or trends.
• Support the development, maintenance, and ongoing management of an advanced suite of performance indicators for evaluating credit risks within the Consumer and Small Business portfolios to identify new, emerging and changing risk trends.
• Design and create standardized and customized data visualizations and reports summarizing portfolio asset quality.
• Maintain appropriate process and control documentation in conjunction with the SOAR team on data provisioning, transformation (ETL), and usage activities to enhance transparency and replication by third parties.
• Support the enhancement and ongoing execution of critical department operational processes such as annual planning, resource capacity and interactions with supervisory agencies and external auditors.
• Develop collaborative working relationships with CR and Bank stakeholders to monitor portfolio developments, promote knowledge sharing, exchanges of best practices, and foster a positive work environment consistent with Bank values.
• Participate in special projects as needed in support of achieving CR’s objectives.

Qualifications

Bachelor's Degree and 6 years of experience in Banking, financial or other directly related industry OR High School Diploma or GED and 10 years of experience in Banking, financial or other directly related industry.

Preferred Qualifications:

• BA or BS degree; MBA or other advanced degree or certification in Data Sciences is a plus.
• 3-8 years of credit, banking, financial services, consulting, or equivalent experience, including significant data analytics and reporting experience. Experience with credit lending, finance, and risk management methodologies and processes is a plus.
• Large Financial Institution experience ($100b in assets and above).
• Strong analytical and problem-solving skills. Ability to analyze portfolio trends at a macro level, identify leading/lagging indicators or other signs of changing risk levels and/or process breakdowns.
• Demonstrated track record using technology or analytics applications to achieve business objectives, such as Oracle PL/SQL, Business Objects, SAS, Sharepoint, or similar data and file management applications.
• Expertise with data visualization tools including Power BI and/or Tableau to convert data into meaningful dashboards.
• Effective communication skills, both oral and written, with strong data lineage, management, and control documentation skills.
• A high degree of professional maturity appropriate for interactions with Bank stakeholders beyond the CR department.

Additional Preferred Skills: Spreadsheet and database knowledge, Able to analyze and visualize large sets of data, Able to create and apply accurate algorithms to datasets to identify solutions, Knowledge of programming languages including but not limited to SQL, Oracle, R, MATLAB, Python, Proficiency in statistics and statistical packages/applications used to analyze data sets, Technical proficiency in Tableau and TeamMate.

Willingness to travel: 0-10% if needed.

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 $130,000 and $185,000. 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.