Analyst II - Stress Test & Capital Reporting

Company: FNBO
Location: Omaha
Posted on: March 20, 2023

Job Description:

At FNBO, our employees are the heart of our story and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success.Our Modern, Flexible Workplace: We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to work from anywhere at any time, allowing for more flexibility in where and how you work. We know that choice and flexibility are important to you. We also recognize that flexible and remote positions can become opportunities for military partners, caregivers, and individuals with disabilities to thrive at our company. We invite you to consider what a Modern, Flexible Workplace can mean for you!It is anticipated that an incumbent in this role will work remotely for three (3) or more days a week and will share a hoteling workspace when working onsite. Work location is subject to change based on business needs.Summary of the Job: The Analyst work with models underlying stress tests and A/L forecasts and will be responsible for contributing to model development, model updates, model framework, model output, results documentation, model validation and communication of results. This individual should have an in-depth understanding of economic variables, statistical analysis, and bank financials.About This Role: Model Development / Deployment

• Develop / maintain quantitative models through collaborative efforts with various stakeholders; including members of the Asset Liability team, Capital & Stress team, and Model Risk Management team
  • Contribute to development, deployment and maintenance of models used for stress testing, A/L risk management, and Capital Planning as well as other areas as needed.
  • Find, clean, and structure appropriate data; and develop and test hypothesis
  • Compile documentation to support model development, maintenance and enhancement.
  • Ensure models are built on a robust, theoretically sound, repeatable framework.
  • Ensure models related to stress testing are in accordance with OCC 2012-14 and 2014-5
  • Effectively communicate analytical results, findings and solutions to technical and non-technical audiences. Model Risk Management
    • Assist in management of model risk in accordance with FNN Model Risk Management policy and OCC 2011-12. Communicate validation results to model owner and manager.
    • Discover and diagnose modeling related risks including input data, assumptions, concept, methodology, process and implementation. Provide insights on model strengths and weaknesses and recommend/implement practical solutions.
    • Assist with interactions with validators / team members throughout the engagement and throughout any potential remediation process.
    • Execute effective and timely performance monitoring for models to prove efficacy and soundness.
    • Perform validations of models as required in accordance with FNN Model Risk Management policy and OCC 2011-12. Data Management
      • Assist in data gathering, data integrity reviews and documentation
      • Provide timely recording and reporting of incoming economic data series used by the department Other
        • Perform ad hoc quantitative and qualitative research as needed
        • Assist in creating / maintaining procedure document as neededThe Ideal Candidate for This Role: Required Qualifications:
          • Bachelor's degree in Statistics, Economics, Mathematics, or related quantitative field required
          • Minimum of one (1) year of logistic regression model, survival analysis, variable reduction techniques, hypothesis testing, non-parametric testing, design of experiments, ANOVA, and linear regression experience preferred
          • Familiarity with developing, maintaining and monitoring quantitative predictive models required
          • Prior experience with statistical applications such as R or Stata highly desired. Additional Qualifications:
            • Exhibit professional behavior and promote positive working relationships. Maintain regular and predictable attendance in alignment with departmental/divisional policy.
            • Proven ability to meet deadlines and work independently.
            • Proven ability to interact credibly with cross functional teams and with stakeholders in other control functions such as audit, finance, credit risk administration, Decision Sciences. Demonstrate ability to interact credibly with external stakeholders such as regulators and external validators.
            • Communication Skills:
              • Excellent communication and storytelling skills, with an aptitude for delivering presentations that identify root causes and trends.
              • Strong interpersonal skills, including the ability to build collaborative relationships, listen and actively contribute to discussions
              • Demonstrates a consultative approach with the ability to analyze stakeholder needs
              • Compliance: Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties.
                • Complete compliance training and adhere to internal procedures and controls, as required.
                • Report any known violations of compliance policy, laws, or regulations.
                • Report any suspicious customer and/or account activity.
                • If applicable, ensure direct reports meet the above requirements and take action to address employee performance issues.Equity, Diversity, & Inclusion:FNBO is committed to belonging, inclusion, diversity and equity. We are committed to intentionally and proactively creating pathways to success for historically underrepresented populations. To accomplish this, we foster a culture of belonging and inclusion so that every employee is valued, and has opportunity and the ability to make an impact. FNBO strives to reflect the diversity of the communities we serve in the makeup of our workforce.See the full FNBO Equity, Diversity, & Inclusion Statement here All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. Click here to download 'EEO is The Law' Self-Print Poster Click here to download 'EEO is The Law' Supplement for Federal Contractors Click here to download 'EEO is The Law' GINA Supplement

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