Analyst - Stress Testing - BFSI

Purpose of the role :

Reporting to the Head of Stress Testing Execution, the Stress Testing Analyst is responsible for :

- Supporting the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests (PRA, EBA etc.)

- Supporting Stress Testing Execution across all functions and disciplines as required, including, Wholesale, CCR, PBIL, Secularization and Retail.

- Assisting with the independent monitoring and control function for stress testing output across The banks Group.

- Operating within the Group Policy Standard for the Stress Testing Policy Standard as part of identify and managing our Firm Wide Risk.

- Working with the Stress Testing Managers to improve the Business's understanding of their roles and responsibilities in terms of Stress Testing

- Support the Head of Stress Testing Execution to embed the Stress Testing Centre of Excellences (COE)

- Work in close collaboration with peers to determine stress test requirements to meet prescribed methodologies and model requirements.

Deliverables :

- Supporting the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests (PRA, EBA etc.)

- Undertake comprehensive analysis throughout the firm-wide stress testing cycle

- Support with the connection of inputs, scenario and results, and support with the preparation and delivery of a firm-wide stress test to the Head of Stress Testing 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 across retail credit, market and operational risk.

- Deliver prescribed stress tests; In collaboration with retail stress test model development team requirements.

- Participate in dialogue across three lines of defence on stress methodologies, results and evidence deliverables.

- Prepare Results communications packs for the banks Board and various senior Risk and Business stakeholders..

- 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.

Experience/ Qualifications :

Essential

- 2+ years professional experience in risk management or in a Banking environment

- Strong quantitative background

- A good understanding of a banking institution P&L, balance sheet, and capital management topics

- Experience in producing high quality documentation output

- Posses significant knowledge of stress testing, and cross-risk disciplines (Market Risk, Operational Risk, etc.)

- A good understanding of external regulations and their impact on stress test methodologies and business portfolios

- Knowledge of portfolio modelling in major banks or rating agencies

- Hold a degree in quantitative discipline

Desirable :

- Understanding of the Basel II/III framework

- A broad understanding of accounting treatments

- Additional qualifications such as PhD, MBA, CFA, FRM or ACA (and equivalents)