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Risk Officer II, Model Governance (Remote)

AT First Citizens Bank
First Citizens Bank

Risk Officer II, Model Governance (Remote)

Raleigh, NC

Overview

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

This Second Line of Defense role is responsible for assessment and oversight of risks taken by the Bank at an advanced level of ability. Oversees First Line of Defense activities through objective risk assessment, effective challenge, monitoring, and reporting of the Bank's Risk Profile, including top and emerging risks. Provides leadership, consultation, and support for risk management techniques, practices, and procedures that protect the Bank from loss or exposure. Facilitates the development of analyses and reports to support the appropriate identification, assessment, monitoring, and reporting of new or existing risks. Assists in the review and enhancement of internal controls. Maintains a strong knowledge of new or emerging risk management techniques and trends through professional networking and industry involvement. Develops collaborative partnerships with internal departments, external auditors, regulatory agencies, and other stakeholders to support the company's Risk Management Framework. May provide guidance to less experienced associates in the department.

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Responsibilities

  • You will be a part of FCB's Model Governance team within the Model Risk Management (MRM) department and will be responsible for leading a variety of activities around the model lifecycle, inventory management, and reporting. The specific responsibilities will include:
    • Supports the design, development, implementation, and maintenance of the MRM analytics and reporting capabilities within the MRM Team, as well as broader risk management framework.
    • Explore and assess new technologies and tools that can optimize MRM processes and effectiveness.
    • Develops tools, visualizations, and dashboards to provide insights at scale to inform risk profile and solves for analytical needs. Facilitates implementation of work product.
    • Collaborates with cross-functional partners, data, and product owners to gather insights, understand risk reporting strategies and business needs to inform the development of MRM process enhancements and process simplification.
    • Maintain a strong month end data process which includes multiple layers of presentations and stakeholder review. Must maintain a deep understanding of model risk data and reporting.
    • Drives automation efforts to simplify and streamline MRM processes.
    • Performs end-to-end analysis that includes data gathering, analysis, ongoing scaled deliverables and presentations to Senior Management and the Board
    • Works with various GRC groups to design and implement framework components enabling analysis, monitoring, and reporting.
    • Supports FCB's risk profile reporting cycle to Senior Leadership and the Board in coordination with program teams.
    • Facilitates communication and builds effective working relationships with key business stakeholders and risk owners.
    • Assists MRM Leadership with ad-hoc MRM analysis, projects, presentations, and/or reporting.
Qualifications

    Bachelor's Degree and 6 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting OR High School Diploma or GED and 10 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting
    Preferred Education: Advanced Degree
    Preferred Area of Experience: Enterprise Risk Management or Operational Risk Management
    License or Certification Type: Tableau, Power BI, or SAS certification preferred
    Skill(s): Experience working with Governance Risk and Compliance applications or databases, Knowledge or experience with data visualization
This job posting is expected to remain active for 30 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 $95,000.00 and $145,000.00. 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.

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

Client-provided location(s): Raleigh, NC, USA
Job ID: FCB-24072-en-us
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Family Support Resources
    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Adoption Leave
    • Fertility Benefits
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Promote From Within
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at First Citizens Bank.