First Citizens Bank · 14 hours ago
Sr. Risk Analyst, AI/ML Model Validation
United States
Full-time
Remote
Mid, Senior Level
$125K/yr - $185K/yr
6+ years expFirst Citizens Bank is seeking a Senior Risk Analyst specializing in AI/ML Model Validation. The role involves providing risk analytics and expert support to minimize or eliminate risk, conducting risk analysis, and developing partnerships with model analysts and business teams.
BankingInsuranceLendingPaymentsWealth Management
Responsibilities
Conducts risk analysis to validate the performance of existing models and leads gap closing projects to include recommended model changes
Reports regularly to the Model Risk Manager on the compliance of the model risk management program, including policies and procedures, with respect to its progress, working issues, and challenges
Develops and maintains effective partnerships with the model analysts, model owners, business level risk management teams and auditors, internal and external
Provides recommendations for the design, development, back testing, implementation and recalibration of models owned by the model development team
Assists in the review and validation of model performance and controls, including establishing the model validation scope, assessment of validation results and directing communication with stakeholders
Assists in the development and maintenance of the model inventory ensuring the inventory is complete, accurate, and consistent with the intent of the Model Validation Policy
Qualification
Required
Bachelor's Degree and 6 years of experience in financial, statistical, or quantitative analysis experience OR High School Diploma or GED and 10 years of experience in financial, statistical, or quantitative analysis experience
Preferred
Advanced degree (Master's or Ph.D.) in a quantitative field (e.g., Statistics, Data Science, Financial Engineering, Mathematics, Economics, or a related quantitative discipline)
2+ years of relevant experience in model development, model validation, or model implementation in a regulated industry, is preferred
Understanding of Large Language Models and their API use
Proficiency in both traditional statistical methods and machine learning techniques; Advanced programming skills (e.g., Python, R, SAS, SQL)
Strong understanding of regulatory requirements, particularly those related to stress testing and capital planning
Excellent problem-solving skills, attention to detail
Excellent written and verbal communication skills
Understanding of regulatory guidance and expectations in Large Financial Institutions
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
2026-01-23
Talk Business & Politics
2026-01-16
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