Perform risk analysis, quality controls and sign-off for CCAR and weekly full-reval SFRC results.
Managing several critical reporting and governance routines for stakeholders such as external regulators and internal risk managers.
Liaising closely with the business and other support functions to ensure risks are within firm’s risk appetite and correctly captured.
Interface with stakeholders like IT/Risk Managers/Methodology team, and document processes and procedures.
Identify risk concentration and determine the circumstances under which the business portfolio could incur material losses.
Develop new reports and analyses to support accurate stress testing results.
Maintain a strong and robust control environment for all processes
Assist in the setup, configuration and implementation of new and upgraded risk management systems.
Validate and produce information that is distributed to the relevant regulators.
Assist in ad-hoc risk related queries, drill down analysis, specific risk analysis, risk trend analysis, reports and analysis for regulators.
Optimize and work with Tech to lead automation efforts.
Represent the market risk stress testing function in cross function projects – migration and larger scale system changes.
Education
MBA from top tier college, Bachelors/Masters/Ph.D. degree in Finance Statistics and/or Mathematics and/or Financial Mathematics and/or Economics, Physics etc
Top tier – IITs, NITs, Indian Statistical Institutes etc.
Certifications If Any
CFA or FRM preferred
Experience Range
12+ years of relevant experience in financial services
Foundational skills
Experience in a stress testing / market risk related field with a strong focus in Risk Management of any asset class.
Intellectually curious with the ability to investigate and develop root cause analysis for portfolio changes
Experience working with large data sets
High level of proficiency with Microsoft Excel
Ability to work in a fast-paced environment
Adept at communication with ability to influence co-workers across our global team and all levels of the organization including escalation of issues
Ability to aggregate and synthesize complex data from multiple sources
High level of attention to detailin conjunction a very high level of numeracy skills
Desired skills
Experience with Python or other similar languages
Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
Experience and understanding of common market risk metrics like Value at Risk (VaR)
Experience with regulatory reporting, regulatory exams, and/or audit