Address
Form of work
SalaryJob Description:
This position will sit in the Global Markets Stress Testing organization to focus on CVA stress calculation for CCAR and other internal and regulatory stress testing deliverables. It will support E2E delivery of regulatory templates and stress loss calculation. This role requires strong understanding of XVA concepts and associated analytical skills. The candidate in this role will have a wide range of responsibilities from ensuring that regulatory expectations are met in a controlled environment while also evaluating new and emerging risks in the portfolio. This work will require extensive engagement across risk, technology, model developer and model validator functions within the Firm. The candidate will also be a key participant in regulatory exams related to counterparty credit risk stress testing.
Primary Responsibilities Include:
Oversee all aspects of CVA stress testing for regulatory, internal and ad-hoc scenarios
Review and challenge the CVA stress testing methodologies, results and processes
Build a robust data quality program for the CVA results and reporting
Ensuring processes are proficiently documented and produced in sustainable approach
Review all relevant rules and regulations and ensure the program is in conformance
Support ad-hoc questions from regulators, risk, front line unit and audit partners
Drive strategic technology initiatives to completion
Contribute to the development of the Global Risk team and to the positive work environment
Required Skills:
Incumbents typically have 7-10 years of experience working in a quantitative field producing regulatory deliverables
Highly motivated individual who fully understands the demands of a market risk professional with ability to work in a fast-paced environment
Highly proficient at communication with ability to influence co-workers across our global team and all levels of the organization
Intellectually curious with the ability to investigate and develop root cause analysis for issues and propose corresponding process or technology changes
Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
Experience with regulatory exams and audit
Shift:
1st shift (United States of America)Hours Per Week:
40
