Credit Admin Advisor

This is a remote role that may be hired in several markets across the United States.

This position will play a pivotal role in ensuring the effective management of credit administration processes within our lending divisions as they relate to deployment and adoption of risk rating models. This position will be part of team leading the deployment of risk rating models which are critical in maintaining compliance with regulatory standards, optimizing operational efficiency, and supporting credit risk management initiatives. This role serves as a resource and may provide a leadership role to specific workstreams and projects through knowledge in the area of specialization.

Risk ratings deployment team is responsible for managing, cross-functional coordinating, and executing on the implementation of the dual risk rating framework across the Enterprise. This role will report to the Senior Director of Credit Risk Administration, and will help drive implementation, training, and adoption of new risk rating framework. The Risk Rating Implementation team will be responsible for leading the technical deployment, establishing governance, documentation, and delivering training and a change management program. The individual in this role will need to liaise across functional organizations with leaders to drive accurate risk ratings, scalable processes, and quick resolutions of issues. They will also be responsible for coordinating across modeling, technology, credit systems organizations and first line partners to ensure successful implementation and adoption and will need to work with Business risk officers to identify potential risks related to processes and systems.

A successful individual in this position will have cross-functional skills including strong understanding of credit and risk management, project management and understanding of credit processes at a LFI, strong coding experience in Python or other scripting languages as well as inter-personal skills to build relationships across the enterprise with exposure to various stakeholders including senior credit officers, business teams, senior management and regulatory agencies

Operational Support:

• Understand the technical aspect of model framework and lead optimal code generation in the model execution software platform using Python.
• Understand the full technical and data architecture and work continuously to improve the risk rating deployment solution and change management roll out of risk rating framework.
• Supports credit administration business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials to educate on risk rating policies and procedures. Handles complex technical matters and participates in special projects.
• Maintains current knowledge of developments in risk rating in the banking industry to keep staff informed of applicable practices and regulations. Monitors significant trends to determine if policy or strategic changes need to be made and implemented.

Oversight:

• Oversee and enhance credit administration risk rating processes to ensure accuracy, completeness, and compliance with internal policies and regulatory requirements. Review and validate related documentation, including policies, procedures, user-guides, technical model documentation etc. as they relate to the use and application of risk ratings.

Risk Management:

• Assess credit administration risks and develop strategies to mitigate potential issues and minimize or eliminate risk. Ensure adherence to risk management policies and procedures. Stay informed about regulatory changes impacting commercial lending and credit administration practices as they relate to the use and application of risk ratings

Risk Management:

• Assess credit administration risks and develop strategies to mitigate potential issues and minimize or eliminate risk. Ensure adherence to risk management policies and procedures. Stay informed about regulatory changes impacting commercial lending and credit administration practices as they relate to the use and application of risk ratings

Process Improvement:

• Identify opportunities to streamline credit administration workflows and improve operational efficiency by implementing best practices and process enhancements to optimize credit administration procedures and reduce operational risk.
• Conduct training sessions and workshops for credit administration staff to ensure understanding of policies, procedures, and compliance requirements as they relate to risk ratings.

Data Analysis:

• Sources, compiles, and interprets data to ensure data quality standards adherence.
• Performs complex analysis and may direct the analytics efforts of the work group.

Bachelor's Degree and 4 years of experience in Strong analytical skills, attention to detail, and a solid understanding of commercial credit operations, credit documentation, and loan servicing. OR High School Diploma or GED and 8 years of experience in Strong analytical skills, attention to detail, and a solid understanding of commercial credit operations, credit documentation, and loan servicing.

Required Area of Experience: Strong analytical skills, attention to detail, and a solid understanding of commercial credit operations, credit documentation, and loan servicing. Credit risk models experience, knowledge of change management activities; familiarity with large bank regulations and governance programs, a plus

Preferred Area of Experience: Dual Risk Rating, CECL, Financial Services, Banking, Loan Origination systems such as nCino.

Preferred Area of Study: Business, Finance, Accounting, Economics, Computer Science, or Information Services

Preferred Education Level: Bachelor's Degree

Core Competencies:

Project Management skills
Analytical skills
Detail oriented
Interpersonal skills
Communication Skills

Position Specific Skills:

Python Coding Skills
Broad knowledge of banking industry, laws, and regulations
MS Office: Word, Excel, PowerPoint, Visio, and Outlook.
Data science and statistics

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $87,068 to $150,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

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 https://jobs.firstcitizens.com/benefits.