First Citizens Bank

Senior Quantitative Associate

First Citizens Bank

Raleigh, NC, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to First Citizens Bank, where we are committed to providing exceptional financial services to our customers. We are currently seeking a highly skilled and experienced Senior Quantitative Associate to join our dynamic team.As a Senior Quantitative Associate, you will play a vital role in driving our bank's success through the use of data analysis and statistical modeling. Your expertise in quantitative analysis will help us make informed business decisions and ensure that we continue to provide top-notch services to our clients.We are looking for a candidate who is not only proficient in data analysis and modeling, but also has a strong understanding of the banking industry. The ideal candidate will have a minimum of 5 years of experience in a similar role and possess a Bachelor's degree in a quantitative field.If you are a driven and analytical individual with a passion for the banking industry, we encourage you to apply for this exciting opportunity. Join us at First Citizens Bank and help us make a positive impact on our customers' financial well-being.

  1. Conduct quantitative analysis on various banking data to identify trends, patterns, and insights that can inform business decisions.
  2. Develop and maintain statistical models to support forecasting, risk assessment, and performance measurement.
  3. Collaborate with cross-functional teams to develop and implement data-driven solutions to improve business processes and customer experience.
  4. Stay updated on industry trends and best practices in data analytics and leverage this knowledge to continuously improve the bank's analytical capabilities.
  5. Present findings and recommendations to senior management in clear and concise reports.
  6. Lead and mentor junior quantitative analysts in data analysis techniques and methodologies.
  7. Work closely with the IT team to ensure data integrity and accuracy.
  8. Monitor and evaluate the performance of existing models and propose enhancements or modifications as needed.
  9. Participate in the development and implementation of new banking products and services, providing data-driven insights and recommendations.
  10. Collaborate with external agencies and vendors to source additional data and enhance existing data sets.
  11. Conduct regular audits of data analysis processes and procedures to ensure compliance with industry regulations and internal policies.
  12. Participate in industry conferences and seminars to stay current with emerging technologies and industry advancements.
  13. Continuously seek out opportunities to improve and optimize data analysis processes and procedures within the bank.
  14. Build and maintain strong relationships with key stakeholders to understand their needs and provide data-driven solutions.
  15. Adhere to strict confidentiality and security protocols when handling sensitive data.
Where is this job?
This job is located at Raleigh, NC, USA
Job Qualifications
  • Advanced Analytical Skills: A Senior Quantitative Associate Should Possess Strong Quantitative Skills, Including Proficiency In Statistical Analysis And Data Modeling. They Should Also Have Experience With Financial Modeling And Forecasting.

  • Knowledge Of Banking And Financial Markets: Candidates Should Have A Thorough Understanding Of Banking Operations And Financial Markets, Including Products, Services, And Regulatory Requirements.

  • Experience With Data Management And Programming: The Ideal Candidate Should Have Experience With Data Management And Programming Languages Such As Sql, Python, Or R. They Should Be Able To Extract, Clean, And Analyze Large Datasets To Generate Insights And Recommendations.

  • Strong Communication And Collaboration Skills: As A Senior Member Of The Team, The Candidate Should Have Excellent Communication Skills And The Ability To Collaborate With Various Stakeholders, Including Senior Management, Business Units, And Other Quantitative Analysts.

  • Advanced Degree In A Quantitative Field: A Senior Quantitative Associate Should Have A Graduate Degree In A Quantitative Field Such As Finance, Economics, Mathematics, Or Statistics. This Demonstrates A Strong Foundation In Analytical Thinking And Problem-Solving.

Required Skills
  • Risk Management

  • Financial Analysis

  • Financial Reporting

  • Business Intelligence

  • Market Research

  • Forecasting

  • Data Visualization

  • Statistical modeling

  • Investment Strategy

  • Portfolio Management

  • Econometrics

  • Asset allocation

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Quantitative Associate in Raleigh, NC, USA is $81,000 - $129,000 per year. However, this can vary depending on the specific company, industry, and level of experience. Some companies may offer higher salaries for Senior Quantitative Associates with advanced degrees or specialized skills. Additionally, salaries may also vary based on the cost of living in Raleigh and the demand for quantitative skills in the job market.

Additional Information
First Citizens Bank is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 19th, 2024
Apply BeforeAugust 19th, 2025
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About First Citizens Bank

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina. Its primary subsidiary is First Citizens Bank.

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