Title: SVP- Enterprise Stress Testing
Location- New York City
Comp- $180-220k Base
Overview:
The business is looking to hire an SVP Enterprise Stress Tester to their Global Systematic Stress Testing program here in New York. This individual will be responsible for enterprise-level risk identification, risk appetite and limits, risk analytics, stress testing, and risk frameworks and policies. From an enterprise perspective, you will be assisting the team in driving and establishing the strategic buildout of the stress testing program, making sure it's within limits and external regulatory standards.
Responsibilities:
- Join the team in establishing the strategic vision for the stress testing program in alignment with the Enterprise Stress Testing policy and external regulations
- Help lead the evolution of the program in line with the Firm's multi-year transformation plan, coordinate the program's own development/enhancement and its interaction with a variety of key stakeholders
- Ensure the stress testing program's ongoing compliance with policy and procedural requirements including model sponsorship, scope/population audit, analysis of material risk inventory
- Provide requirements for new/updated stress scenarios to be designed based on the changes to material risks the Firm faces
Qualifications:
- Seven or more years of experience in Risk or relevant Finance, Front Office/Business, or Management Consulting roles, which must include experience across multiple risk stripes (Counterparty Credit, IRRBB, etc.)
- Expertise in portfolio risk modelling and economic/risk capital, and familiarity with stress testing; model development and/or validation experience also highly preferred
- Experience in developing strategic plans for complex processes and in drafting senior management communications
