Risk Modeling Analyst I

Joining Citizens Business Bank means connecting with a team of dedicated associates that continually strive for new and innovative ways to meet and exceed the needs of our customers. As a top ranked bank, life at our company includes a working environment that thrives on collaboration, integrity, and mutual respect for one another. We encourage our associates to ask questions, learn, care deeply, and make an impact. Our dedication to customers and associates is at the core of our business culture and is represented by five core values:
financial strength
,
superior people
,
customer focus
,
cost-effective operation
, and
having fun
.

Risk Modeling Analyst II

Summary

The "Risk Modeling Analyst I" supports Quantitative Analytics and FP&A; department. The Risk Modeling Analyst is responsible for forecasting, budgeting, analyzing financial information for accuracy and explaining variances. Additionally, this role supports the Quantitative Analytics & FP&A; department in the Corporate Banking forecasting and budget planning cycles, including processing models and systems to forecasting, product and business unit profitability and financial reporting.

Essential Duties and Responsibilities
include the following:

• Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
• Co-create, update, and maintain ALLL model by authoring accurate calculations, managing the process of data input, and validating data and calculations for continuing accuracy and appropriateness.
• Summarize and analyze large volumes of data in a meaningful and actionable manner.
• Accurately document system changes and follow procedures to ensure system integrity.
• Create and update other models to assess and/or track the Bank's portfolio as required.
• Formulate, draft, and maintain accurate and current internal control procedures, programs and related documentation.
• Prepare analyses which are submitted to internal and external management.
• Assist and interface with examiners/auditors during regulatory exams and internal audits.
• Maintain good working knowledge and awareness of Bank goals, regulatory and legislative developments, and financial industry audit control and trends.
• Prepare and update department compliance policies and procedures.
• Analyze current process and modeling tools to identify issues requiring corrective action and oversees corrective actions relating to areas of responsibility. Formulate tests and recommend new/enhanced procedures as needs are identified.
• Prepare reporting according to established deadlines and ad hoc requests, while managing multiple responsibilities.
• Seek ways to improve the Bank's internal processes and create cost efficiencies through report automation and streamlining of current reports to reduce redundancy and duplication of effort.
• Recommend and establish standards, guidelines, and processes that improve system and reporting efficiencies
• Assist with special projects and/or investigations as they arise.
• Construct ad-hoc financial analysis/reporting.
• Provide, present and promote The Citizens Experience to all external and internal customers.
• Other duties as assigned.

Supervisory Responsibilities

This job has no supervisory responsibilities.

Qualifications

To perform this job successfully , an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

Preferred Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience. Minimum Associate of Arts degree (A. A.)

Other Qualifications/Skills

• Relational databases such as SQL and Access.
• Understanding with statistical software packages such as R and/or SAS.
• Solid skills in building informative reports, including usable templates for business units.
• This position requires strong organizational skills with the ability to manage and prioritize multiple tasks effectively and/or projects with competing demands and timelines.
• Excellent communication skills (oral and written) as well as the ability to interact with all levels of management.
• Strong analytical skills with the ability to anticipate, identify and resolve complex financial issues.

Language Skills

This position requires strong communication skills, both written and oral, with the ability to write reports, business correspondence, project plans and procedure manuals, as well as the ability to present information and respond to questions effectively. Requires the ability to read, analyze, and interpret general business periodicals, professional journals, technical literature, and government regulations.

Mathematical Skills

Requires strong analytical skills with the ability to work with mathematical concepts, such as probability and statistical inference, as well as the ability to apply these concepts to provide practical solutions.

Reasoning Ability

Requires strong analytical skills with the ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Computer Skills

To perform this job successfully, an individual should have a solid understanding of financial models; relational databases such as SQL and Access, advanced modeling skills using Microsoft Excel and Access, Microsoft PowerPoint, Microsoft Word and with statistical software packages such as R and/or SAS.

Physical Demands

The physical demands described here are representative of those that must be met by an associate to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the associate is regularly required to use hands to handle, or feel; reach with hands and arms and talk or hear. The associate is frequently required to sit. The associate is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The associate must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.