As a Capital Stress Testing PMO Vice President within our firm, you will take charge of the governance and execution of firmwide capital stress testing. Your responsibilities will include managing timelines, deliverables, and tracking progress, including identifying and mitigating issues and risks. You will also be tasked with analyzing and interpreting the results of the stress tests, providing regular updates to executive management. In addition, you will coordinate regulator exams, address MRIA/MRAs, and maintain a focus on continuous improvement.
Job responsibilities
- Oversee LOB capital stress testing plans to ensure alignment with firmwide objectives and timelines.
- Implement governance structures, including independent validation processes and forums.
- Coordinate the submission of sub-line of business (LOB)/CCB CCAR, encompassing results, narratives, sensitivity analysis, attestations, and methodology documentation.
- Offer guidance to sub-LOBs regarding requirements and deliverables.
- Analyze and interpret stress testing results
- Promote improvements and consistency across various lines of business.
- Assist in resolving regulatory issues and findings.
- Enhance controls and streamline processes, incorporating automation where feasible.
- Manage and optimize the Material Risk Inventory
Required qualifications, capabilities, and skills
- Bachelor’s degree in Accounting, Finance or a subject of a technical nature
- 7+ years of work experience in Financial Services, and/or accounting/controller background.
- Advanced skills in Excel and PowerPoint
- Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
- Inquisitive, enthusiastic and diligent, and capable of challenging peers
- Strong verbal and written communication skills with the ability to articulate complex issues clearly
- Highly motivated and able to thrive and think clearly under pressure and tight deadlines
- Integrity in handling highly sensitive and confidential information
- Team player with the ability to be respected as a trusted partner for the Business, Finance, and FP&A Teams
- Highly motivated self-starter with excellent time management/prioritization skills