Quantitative Analyst CCAR Job Listing at City National Bank in Los Angeles, CA (Job ID 11909)

Description

QUANTITATIVE ANALYST CCAR WHAT IS THE OPPORTUNITY? The CCAR Quantitative Analyst is responsible for supporting the development and operation of City National Bank's (CNB's) Comprehensive Capital Analysis and Review ("CCAR") program in conjunction with RBC. WHAT WILL YOU DO?

• Prepare analysis, reports and presentations as required.
• Develop models, processes and documentation as required.
• Assist with the development of CNB's CCAR Pre Position Net Revenue ("PPNR") models and templates.
• Assist with FRB template development and mapping from the Aggregation model and/or other data sources.
• Identify and address gaps; help to develop CCAR-level portfolio segmentation for PPNR modeling and collect data and adjust as necessary.
• Involved with regular audits, communicating and articulating model design and outcomes to senior management
• Maintain awareness of the current regulations and industry trends impacting the company's stress testing processes.
• Successfully complete all required training and special projects as requested.

WHAT DO YOU NEED TO SUCCEED? Required Qualifications*

• Bachelor's Degree or equivalent
• Minimum 3 years of experience with quantitative/financial analysis in a bank or financial institution.
• Minimum 1 year of Microsoft Excel experience (e.g. index match, lookups, indirect/offset).

Additional Qualifications

• Excellent interpersonal, verbal and written communication skills.
• Prior CCAR, FP&A or banking experience.
• Programming experience preferred.
• Degree in risk, finance, mathematics or statistics or related discipline preferred.
• Professional licensing or certification (FRM, CPA, CFA, etc.) helpful.
• Knowledge of regulatory reporting, risk and governance helpful.
• Developing project management skills and the ability to think critically and facilitate change through collaborative effort.

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $77,000 to $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

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