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Form of workJob Description
Responsibilities include, but are not limited to:
Requirements
Required Skills:
Required Experience:
Responsibilities include, but are not limited to:
- Perform key Stress Testing responsibilities related to modeling, documentation, and governance.
- Broad oversight of modeling assumptions utilized to perform regulatory and idiosyncratic Capital Stress tests.
- Prepare and consolidate results of Capital Stress tests.
- Responsible for analyzing and interpreting regulatory capital, balance sheet, and profit - loss (P-L) implications under a variety of stressed economic scenarios.
- Collect, organize, analyze, and disseminate significant amounts of information from internal and external sources.
- Serve as lead on building sustainable, controlled and automated processes (where applicable) to analyze data, trends and relationships as well as perform sensitivity analysis.
- Participate in the ongoing process improvements and optimization efforts of Stress Testing models.
- Build and maintain collaborative relationships with partners in other areas of the bank (risk, accounting, treasury, etc.) to produce enterprise-level scenarios and forecasts.
- Develop and maintain Capital Stress Testing documentation including policies, summary of results, effective challenge packages, model inventory catalogue, process flow, as well as other analytics and reports as necessary.
- Support overall Stress Testing program management including working groups, governance practices, cross-functional communications, process enhancements, and internal control initiatives.
- Develop and maintain reporting templates and documentation of methodologies and execution to support governance requirements.
- Support regulatory requests from regulatory agencies including data analysis, liaising with other groups and presentation of findings.
- Design and produce presentations for Executive management, Board of Directors and Regulators.
Requirements
Required Skills:
- Knowledge of economic and accounting principles and practices, financial markets, banking and the analysis and reporting of financial data.
- High degree of proficiency with Microsoft Office Suite with emphasis on PowerPoint and Excel.
- Strong analytic, writing and presentation skills, including ability to summarize complex business problems and detailed analysis with clarity and brevity.
- Highly motivated individual who can work independently as well as collaboratively, making non-routine decisions and solving complex problems.
- Organized and detail oriented to simultaneously manage numerous aspects of the Capital Stress tests.
- Strong intellectual curiosity and problem solving and/or analytical skills.
- Ability to work on multiple projects under compressed timeline.
- Experience in cross-functional project management.
Required Experience:
- Bachelor's degree in Economics, Finance, Accounting, Mathematics, or related field and minimum of 5 years of banking experience in capital planning/Stress Testing.
- MBA or Masters' Degree and/or 2 - 5 years of experience capital planning, corporate treasury and/or related work experience preferred.
