Sr. Analyst, CCAR Execution – PPNR and Balance Sheet

Job description

Overview

The Sr. Analyst works collectively to help with the development and execution of the PPNR (Pre-Provision Net Revenue) and Balance Sheet forecasting activities within FCB’s CCAR Program.

Reporting to the Director, PPNR and Balance Sheet, this role will join a team to manage all aspects of the firm execution efforts for balance sheet and PPNR forecasting.

Further, this role will work directly with model development, model validation, model implementation, among other departments to ensure effective implementation and execution of the PPNR and balance sheet forecasting methodologies and processes.

This role will assist in maintaining all documentation of the associated processes, and support 2nd line, 3rd line, and regulatory reviews of the same.

• Process Execution – This role will ensure the timely, complete and accurate execution of the PPNR and Balance Sheet forecasting activities of FBC’s CCAR process as often as required throughout the year.

• Review and Challenge – as part of execution responsibilities this role must develop and produce materials to support review and challenge of results of PPNR and Balance Sheet forecasts by first line business partners, 2nd line oversight functions, 3rd line auditors, and senior management.

Additionally, outside of execution cycles, the role will assist in the review and challenge of the methodologies and processes used by our 2nd line, 3rd line, and external review partners.

• Tool Development – Use data manipulation and visualization techniques to develop tools and dashboards to support the review of PPNR and Balance sheet Forecasts.

• Methodology Development – This role is responsible to coordinate with partners in the model development area on the development of forecasting methodologies for all in scope processes.

The role will also work with partners in implementation to ensure a robust and controlled deployment of owned models and methodologies.

• Reporting – Produces reports for internal review, the FCB Board of Directors, the Federal Deposit Insurance Corporation, and Federal Reserve Board.

Reports significant portfolio changes to the proper parties.

Responsible for accuracy, completeness, and timeliness of all owned reporting.

Planning
• Knowledge of PPNR and balance sheet forecasting methodologies
• Knowledge of Reg Y, Capital Plan Rule, CCAR, DFAST, and other related regulations/regulatory programs
• Demonstrated ability to lead senior management level discussion
• Proven Capacity to work across functions, including with 2nd and 3rd line to address concerns.
• Demonstrated ability to lead a team of resources to achieve a complex goal
• Advanced degree in Business, Finance, Accounting, or a quantitative discipline

Bachelor's Degree and 6 years of experience in Finance or Analytics OR High School Diploma or GED and 10 years of experience in Finance or Analytics

Preferred Skills:
• Ability to Code in SQL and Python, other languages a plus
• High Level of Proficiency in EXCEL , PowerPoint, as well as BI tools such as Power BI or Tableau
• Experience forecasting PPNR and balance sheet items at a large financial institution as part of Stress Testing, FP&A, Budgeting or Strategic

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 benefits.

• Process Execution – This role will ensure the timely, complete and accurate execution of the PPNR and Balance Sheet forecasting activities of FBC’s CCAR process as often as required throughout the year.

• Review and Challenge – as part of execution responsibilities this role must develop and produce materials to support review and challenge of results of PPNR and Balance Sheet forecasts by first line business partners, 2nd line oversight functions, 3rd line auditors, and senior management.

Additionally, outside of execution cycles, the role will assist in the review and challenge of the methodologies and processes used by our 2nd line, 3rd line, and external review partners.

• Tool Development – Use data manipulation and visualization techniques to develop tools and dashboards to support the review of PPNR and Balance sheet Forecasts.

• Methodology Development – This role is responsible to coordinate with partners in the model development area on the development of forecasting methodologies for all in scope processes.

The role will also work with partners in implementation to ensure a robust and controlled deployment of owned models and methodologies.

• Reporting – Produces reports for internal review, the FCB Board of Directors, the Federal Deposit Insurance Corporation, and Federal Reserve Board.

Reports significant portfolio changes to the proper parties.

Responsible for accuracy, completeness, and timeliness of all owned reporting.

Planning
• Knowledge of PPNR and balance sheet forecasting methodologies
• Knowledge of Reg Y, Capital Plan Rule, CCAR, DFAST, and other related regulations/regulatory programs
• Demonstrated ability to lead senior management level discussion
• Proven Capacity to work across functions, including with 2nd and 3rd line to address concerns.
• Demonstrated ability to lead a team of resources to achieve a complex goal
• Advanced degree in Business, Finance, Accounting, or a quantitative discipline

Bachelor's Degree and 6 years of experience in Finance or Analytics OR High School Diploma or GED and 10 years of experience in Finance or Analytics

Preferred Skills:
• Ability to Code in SQL and Python, other languages a plus
• High Level of Proficiency in EXCEL , PowerPoint, as well as BI tools such as Power BI or Tableau
• Experience forecasting PPNR and balance sheet items at a large financial institution as part of Stress Testing, FP&A, Budgeting or Strategic

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 benefits.

Required Skill Profession

Business Operations Specialists