Senior Risk Analyst

First Citizens Bank; Raleigh (NC); Hybrid; USD 85,000 - 120,000; Full time

Job summary

First Citizens Bank is seeking a Risk Management professional to support design and execution of centralized SOC reviews within Third-Party Risk Management. This hybrid role involves analyzing risk data, preparing reports, and guiding mitigation across the TPRM lifecycle in Raleigh, NC.

The ideal candidate holds a Bachelor's degree with 4+ years in risk management, financial analysis, or statistical modeling, or a high school diploma with 8+ years of related experience.

Qualifications

• Minimum Required Education and Experience: Bachelor's Degree and 4 years' experience OR High School Diploma or GED/Equivalent and 8 years' experience in Risk management, or financial analysis, or statistical modeling
• Preferred: Bachelor's degree in Finance or Accounting; MBA preferred
• Experience in Third-Party Risk Management
• Experience analyzing financial statements and analysis, including income statements, balance sheets, and cash flow statements

Responsibilities

• Identifying Risk - Leads the design and implementation of process evaluation methods, and the development of expert solutions to address identified risks.
• Data Analysis - Sources, compiles, and interprets data. Performs complex analysis for risk trends and data discrepancies.
• Reporting - Produces reports based on data analysis, company trends, and risk factors.
• Operational Support - Supports business processes through a variety of escalated operational tasks.

Skills

Risk Mitigation

Risk Identification

Business acumen/knowledge

Analytical Reasoning

Education

Bachelor5 Degree

High School Diploma or GED

Job description

Overview

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

This position provides support for designing and executing centralized SOC reviews as part of Third-Pary Risk Management (TPRM) program. This position performs financial risk reviews of Third- Parties. Additionally, this role supports the Third-Party Risk Management Operations team on risk assessments, Third-Party due diligence, and TPRM lifecycle activity completion.

Responsibilities & Qualifications

Identifying Risk - Leads the design and implementation of process evaluation methods, and the development of expert solutions to address identified risks. Works closely with management to ensure risk strategies are effective and compliant. May involve creation, evaluation, and execution of models or simulation scenarios to test risk conditions.

Data Analysis - Sources, compiles, and interprets data. Performs complex analysis for risk trends and data discrepancies, and may direct the analytics efforts of the work group.

Reporting - Produces reports based on data analysis, company trends, and risk factors. Conveys patterns, problems, and areas of improvement. Enables insight into potential losses and mitigation of identified risks through reporting activities.

Operational Support - Supports business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials to educate on risk policies and procedures. Handles complex technical matters and participates in special projects.

Position Specific Skills:

• Risk Mitigation
• Risk Identification
• Business acumen/knowledge
• Analytical Reasoning

Qualifications:

Minimum Required Education and Experience: Bachelor's Degree and 4 years' experience OR High School Diploma or GED/Equivalent and 8 years' experience in Risk management, or financial analysis, or statistical modeling

Preferred:

• Bachelor's degree in Finance or Accounting; MBA preferred
• Experience in Third-Party Risk Management
• Experience analyzing financial statements and analysis, including income statements, balance sheets, and cash flow statements

Additional Information

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.

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