Head - Stress Testing - Investment Bank

Client : A leading Global Investment Bank

Location : Mumbai

Designation : Head - Stress Testing (VP Level)

Job Responsibility :

Head the Stress Testing unit for Global Risk out of Mumbai. The team is tasked with stressing the portfolio and trying to ascertain possible loss and accordingly communicating it to the CRO office

- Stress Scenario definition and scenario implementation for possible loss making scenarios

- Talking to various stakeholders across trading, research and risk and ascertain the market impact of such a potential loss making scenario

- Implement the finalized scenario on the proprietary quant library and run it for various portfolios

- Managing the work flow for the team for running global scenarios

- Work on key initiatives like FED CCAR, General Significant Wrong Way Risk and ICAAP from time to time that the regulator(PRA and JFSA) may require

- Monthly reporting for market risk and counter party credit risk by setting it up on internal stress systems and then reporting it to senior management

Experience : 10+ years of relevant experience in the investment banking domain