Stress Testing Role - Investment Bank

Opening - Stress Test-Banking

Location - Mumbai

Company - Leading Investment Bank

Role & Responsibility:

- Preparation of scenario analysis presentations for senior management, the Board and Regulators. FINMA stress testing requirements including: Risk identification process and monitoring, Analysis of Regulatory Scenario results, and preparation of regulatory submissions.

- Scenario-based Risk Appetite metrics as part of the firm's Risk Appetite Statement, including: Stressed capital (capital resources, capital requirements and capital ratios), earnings, and leverage ratio, and including the design of appropriate stress testing methodology

- Ad-hoc internal stress scenario analysis that may be required by senior committees

- Recovery Scenarios (qualitative storyboard and quantitative calibration) and triggers (both P&L and capital) as part of Recovery and Resolution Plan (RRP) and Reverse stress testing framework

- Monthly/quarterly assessment of the firm's adherence to stressed capital, earnings and leverage metrics in the Risk Appetite Statement. Liaise with front office, Capital Management Group and other stakeholders to identify and evaluate mitigating actions where required

- Project managing cross-functional (e.g. Finance, Treasury, Risk etc.) inputs required from subject matter experts across the firm to meet above deliverables

You offer:

Stress testing and scenario analysis experience across key risk types (market risk, credit risk and operational risk) would be advantageous, with team or project management experience (about 7 years)

Excellent understanding of risk measurement frameworks across risk types (i.e. market risk, credit risk, operational risk) and/or within risk types (e.g. VaR, Stressed VaR within market risk)

Understanding of capital concepts (e.g. available capital, capital deductions, risk-weighted assets) and balance sheet concepts (e.g. leverage ratio) desirable

An excellent degree-level education in a quantitative discipline (e.g. Finance) essential

Post graduate qualifications within a relevant field (MS- Finance, MBA, etc ) and additional certifications such as CFA, FRM, PRIMA preferred

Regulatory experience would be an advantage but not essential