We are looking out for someone who is a risk methodology expert having strong experience in Counterparty credit risk, stress testing, BASEL, RWA for a leading investment bank in Gurgaon.  Purpose of the role :  Reporting to the Head of Stress Testing Execution, the Securitisation Stress Testing Manager is responsible for :  - Supporting the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests (PRA, EBA etc.)   - Delivering Stress Testing Execution across all functions and disciplines as required, including; Retail, CCR, PBIL, Wholesale with primary focus on securitisation.  - Independent monitoring and control function for stress testing output across Group.  - Operating within the Group Policy Standard for the Stress Testing Policy Standard as part of identify and managing our Firm Wide Risk.  - Interacting with the Business to improve their understanding of their roles and responsibilities in terms of Stress Testing  - Fulfill key link role with Market Risk, building and maintaining a collaborative relationships with Stress Testing activities within Market Risk.  - Oversight of the trading book, AFS, fair value through P&L, Reserves, Sovereign and Securitisation areas of stress testing execution.  - Review and challenge as a Subject Matter Expert for macro prudential, ICAAP and other enterprise wide stress tests.  - Coordinate the delivery of the AFS (incl. Sovereigns), Trading Book & Securitisation stress testing results  - Work in close collaboration with the Stress Testing Execution team (e.g. Markets) to implement stress test model requirements and standards to meet prescribed methodologies from regulators or internal requirements.  - Support the Head of Stress Testing Execution to embed the Stress Testing Centre of Excellences (COE)  - Provide support in setting the agenda for the Group's firm-wide stress testing and portfolio analytics activities.  - Driving Regulatory framework changes relating to Securitisation Stress Testing; working closely with Business and Senior Management to ensure fit for purposes methodologies for key portfolios of interest.  - Work in close collaboration with regulators to determine wholesale stress test requirements to meet prescribed methodologies and model requirements; act as point of contact with regulatory supervisory teams for Stress Testing Execution.  Deliverables :   - Delivering the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests (PRA, EBA etc.)  - Undertake comprehensive analysis on securitisation throughout the firm-wide stress testing cycle, and hold early discussions with relevant SMEs, on specific features of each stress scenario and its outcomes.   - Connect the inputs, scenario and results, and support with the preparation and delivery of a firm-wide stress test to the Head of Stress Test Execution.   - Supporting firm-wide stress testing and ensuring it accurately presents results for the required scenario, including conducting and assessing stress losses and Risk Weighted Assets & management actions  - Determine model requirements to deliver prescribed stress tests; In collaboration with securitisation stress test model development team requirements.  - Participate in dialogue across three lines of defence on stress methodologies, results and evidence deliverables in relation to securitisation.  - Support the delivery of challenge and results communications packs to Board and various senior Risk and Business stakeholders.  - Work with businesses and SMEs to drive consistency of methodology and assumptions in relation to securitisation.  - As required, support other regulatory reporting requests from the FSA, EBA, Fed, US-SEC etc, and ensure consistency of inputs and results to stress testing and existing regulatory reporting deliveries.   - Review and challenge methodologies, parameter calibrations, market risk factor mappings and results.  - Document results, methodology explanations and key drivers for senior management, the Board and regulators.  - Cultivate a close level of interaction with senior risk managers to drive delivery and ensure buy-in.  - Own and maintaining all relevant documentation.  - Ensure data sets are maintained using advance statistical/modelling tools and ensure accuracy of data reconciliation to annual accounts and regulatory returns.  Experience/ Qualifications :   Essential :  - 4+ years professional experience in risk management or in a Banking environment   - Experience in financial modelling and analytics.  - Possess significant knowledge of stress testing methodologies for AFS, Trading Book, and Securitisation.  - Possess knowledge of cross-risk disciplines (Market Risk, AFS, Securitisation, Operational Risk, etc).  - Deep understanding of external regulations and their impact on Regulatory Capital methodologies and business portfolios.  - Practical experience in macro prudential stress testing exercises such as EBA and CCAR in the areas of trading book, AFS, fair value through P&L, Reserves, Sovereigns and Securitisation.  - Strong verbal and written communication skills, with the ability to explain complex issues to a wider audience.  - Proven capability coordinating large, complex and disperse complex projects.  - Strong interpersonal skills with the ability to influence liaise and interact with several levels of management.  - Strong organisational skills, able to focus on different pieces of work concurrently and to deliver to tight timescales.  Desirable :  - Good understanding of the Basel II/III framework  - Membership of a relevant professional institute, e.g. Chartered Financial Analyst, Institute of Risk Management  - Financial Risk Manager (FRM) certification  - Membership of the Chartered Institute of Bankers  - Postgraduate business or management qualification e.g. MBA  Other Significant Role Requirements:   - A good understanding of stress testing, credit risk, market risk, and its processes.  - Understanding of stress testing infrastructure  - Good analytical problem solving skills in a banking, financial markets or consulting environment.  - Strong verbal and written communication skills, with an ability to explain analytical issues and synthesize complex analyses in a form that is appropriate for management interactions  Scope of Role:  The Securitisation and Market Risk Stress Testing Manager will interface with the following stakeholders or parties (Internal or External)  - Head of Enterprise Wide Risk Management and other EWRM Heads Of  - Head of Stress Testing & Risk Capital  - Securitisation Model Development Manager  - Heads of Risk   - Risk Functional Heads  - Functional Leads (SMEs) in GIA, Finance & Treasury  Technical Knowledge:  - Significant experience in determining and undertaking stress testing concepts  - Experience of risk management within complex business functions  - Experience in the adaption and embedding of capital analytics and communicating capital outcomes to stakeholders

Delhi NCR

Stress Testing Role - Risk Methodology - Counterparty Credit Risk - Investment Bank 

Stress Testing Role - Risk Methodology - Counterparty Credit Risk - Investment Bank  ,Job Description for Stress Testing Role - Risk Methodology - Counterparty Credit Risk - Investment Bank  in Black Turtle in  Delhi NCR for (1-9) years of experience. Apply Now!

Job Description for Stress Testing Role - Risk Methodology - Counterparty Credit Risk - Investment Bank  in Black Turtle in  Delhi NCR for (1-9) years of experience. Apply Now!