First Citizens Bank · 6 days ago
Senior Quantitative Model Developer - Loss Forecasting Model Development
Atlanta, GA
Full-time
Hybrid
Mid, Senior Level
4+ years expFirst Citizens Bank is a financial institution seeking a Senior Quantitative Model Developer for Commercial Model Development. This role focuses on developing and implementing sophisticated credit risk models for commercial lending portfolios, collaborating with senior leadership to align risk strategies with business objectives.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
Lead the development, evaluation, and implementation of advanced credit risk models across all commercial lending products, including CRE loan portfolios, for stress-testing and CECL reporting purposes
Partner with senior leadership to translate complex risk analytics insights into actionable business strategies and policy recommendations
Mentor junior model development professionals by fostering a culture of innovation and continuous improvement in risk modeling approaches and methodologies
Drive the enhancement of model development frameworks to meet evolving regulatory requirements, including CCAR and CECL compliance
Lead the response to model validation findings and oversee the implementation of remediation plans across the modeling and analytics team
Establish and maintain relationships with regulatory bodies, external/internal auditors, Model Risk Management (MRM) and other key stakeholders
Guide the development and implementation of new risk assessment methodologies and tools to improve the organization's risk management capabilities
Drive strategic initiatives to modernize risk analytics infrastructure and capabilities through adoption of advanced technologies and methodologies
Qualification
Required
Bachelor's Degree and 4 years of experience in financial, statistical, or quantitative analysis experience OR High School Diploma or GED and 8 years of experience in financial, statistical, or quantitative analysis experience
Preferred
Ph.D. or Master's degree in Statistics, Mathematics, Finance, Operation Research, Industrial Engineering, or other related quantitative field
At least 4 years of progressive experience in credit risk model development for US Banks
Hands on experience using Python, SAS, and SQL
Hands on experience in developing statistical models using panel, cross-sectional, and time-series datasets
Strong understanding of regulatory requirements and experience in interactions with regulatory bodies
Expert knowledge of statistical modeling, machine learning techniques, and risk analytics methodologies
Proven track record of translating complex analytical insights into business strategy
Professional certifications (e.g. CFA or FRM) are a plus
Company
First Citizens Bank
First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.
10001+ employees
H1B Sponsorship
First Citizens Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (126)
2024 (115)
2023 (249)
2022 (53)
2021 (12)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$33M2021-05-07Post Ipo Debt· $10M
2018-08-29Post Ipo Debt· $23M
1986-10-31IPO
Leadership Team
C
Craig Nix
Chief Financial Officer
Samantha Bureau - Johnson
SVP & Director, Customer Contact Center
Recent News
2026-01-06
2025-12-22
Company data provided by crunchbase