Quantitative Analyst I - ALM Modeling (Remote)

Responsibilities

• Financial Support - Develop, maintain, and enhance Net Interest Ie (NII) forecasting models, Earnings at Risk (EAR) and Economic Value of Equity (EVE) analysis for Asset Liability Management (ALM) using QRM. Evaluates the balance sheet's asset-liability risks for the rmendation of key indicator and limits. Assists with analysis and risk identification within products, markets, and client behavior.
• Assumption Analysis - Conduct sensitivity analysis on key assumptions to understand the limitations and weaknesses of key assumptions' impact on NII forecast outputs and perform in-depth attribution analysis to understand market / portfolio / model impacts. Provides robust statistical analytics to support portfolio modeling, assumption, pricing sensitivity, pricing studies.
• Business Support - Partner with modeling team to integrate and test behavioral models including deposit attrition and pricing models in QRM. Collaborate closely with Model Validation and Audit to facilitate the model validation and auditing process. Address validation and audit findings and incorporate industry best practices and regulatory guidelines.
• Reporting - Prepare reports to Asset Liabilitymittee (ALCO) and Senior Management Team. Produces reports based on data analysis,pany trends, and financial processes.

Qualifications

Bachelor's Degree and 2 years of experience in financial, statistical, or quantitative analysis experience OR High School Diploma or GED and 6 years of experience in financial, statistical, or quantitative analysis experience

Preferred Qualifications

Benefits are an integral part of total rewards and First Citizens Bank ismitted to providing apetitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at / / jobs.firstcitizens / benefits. Job ID 30437