Capital Stress Testing AVP- VP

Date
N/A
Location
New York, NY
Compensation
N/A

Job Function:

 Main skills are the following: " Good understanding of Stress Testing models (we are not looking for a modeler but the new hire needs to understand modeling and work very closely with modelers) " SAS expertise or Matlab  " Good project management skills " Able to communicate with modelers, planning unit, business and finance departments, legal, Deloitte representatives, and regulatory representatives The new hire, among other things, will " Write the details of the model documentation (50-60 models) " Aggregate the figures calculated by the models " Evaluate the adequacy of Capital Stress Testing " Submit reports to upper management and the regulators

 

Also a role as:

PPNR Model Documentation Specialist in its Capital Stress Testing unit. You will serve as a subject matter expert to support capabilities in developing model documentation for Pre-Provision Net Revenue (PPNR) and balance sheet line items found in the Federal Reserve’s reporting forms. The candidate would be expected to take a leading role in developing model documentation and produce high-quality written and oral outputs on an independent basis. Working closely with other subject matter experts, the candidate would promote a collaborative and innovative work environment within the Capital Stress Testing unit.

Requirements:

Qualifications

  • Strong willingness to fulfill team goals in an environment of changing conditions and deadlines
  • Detail oriented and able to work independently to produce high quality work products that require limited editorial revisions
  • Strong knowledge of supervisory requirements (documentation, validation) associated with model risk management
  • Robust understanding of statistical concepts and regression-based forecasting models
  • Must have foreign banking rules and regulations  i.e. FBO or IHC
  • Good communication skills (presentation and written) with an ability to explain underlying drivers and key takeaways from modeled data outputs to technical and non-technical audiences
  • Ability to effectively analyze large data sets and identify patterns and insights
  • High level of sensitivity and awareness to navigate a multi-cultural work environment
  • Significant knowledge and experience with SAS and/or Matlab in a business environment and advanced functionality in Microsoft Excel (pivot tables, vlookups)
  • Comfortable with Bloomberg functionality and data retrieval
  • MBA or Master’s degree in Finance, Economics, Statistics, Engineering, Mathematics or other advanced quantitative field
  • Minimum of 2 years in capital stress testing and/or a risk management function at one of the following:
  • i) a firm supervised by the Federal Reserve that is subject to CCAR requirements;
  • ii) a financial institution supervised in accordance with Dodd-Frank stress testing requirements; and
  • iii) a Big 4 or strategy consulting firm providing services to clients in the preceding categories
  • 8+ years of relevant work experience
  • Eligible to work in the U.S.
  • H1 Visa Tranfer not available

 

Contact Details:

Dan Alzapiedi

Madison Davis

914 595 5746

Dalzapiedi@tmdg.com