Assistant Vice President - Credit Risk Model Validation - BFS

Designation : Assistant Vice President - Credit Risk Model Validation

Roles and Responsibilities :

- Lead the execution of Risk model execution including CECL, CCAR, RWA and support projects across SCCL, Counterparty, Liquidity etc.

- Produce, review, analyze, and document, and present model execution results, including investigating and documenting key drivers of changes to ensure accuracy and management understanding

- Develop execution plans/project plans, setting and meeting all key deadlines

- Ensure all model execution procedures and controls are documented and executed correctly

- Coordinate with BUs and other stakeholders inside and outside of Risk on non-modelled approaches

- Lead the development and improvement of execution platform(s):

- Create business requirements and project plans

- Review results and ensure accurate controls, testing, and approvals

- Coordinate with IT, PMO, and other internal stakeholders

- Clearly and concisely present results to executive audiences, committees, and regulators

- Lead responses to internal and external audits, validations, and examinations

- Lead the execution of analyses like portfolio, trend, attribution and impact analysis

- Prepare ad-hoc analyses as requested by senior management, translating detailed information into concise and actionable items.

- Support other critical projects and execution within Liquidity, Market and Counterparty Credit Risk as needed (example FRTB, NSFR, SCCL etc.)

- Regularly meet and coordinate with business partners around the globe via technology (e.g. phone, IM, WebEx)

- Lead a team of 2-4 partners, responsible for people management, recruitment, and other HR activities.

Skill set required :

- B tech/M Tech/MBA or experience from relevant industry

- Bachelors or Masters degree with a concentration in Business, Finance, Economics, Mathematics, or Accounting.

- 6+ years of experience in Risk or Finance at a large US financial institution or equivalent consulting experience

- 2+ years of experience in people management

- 3+ years of experience with model execution and analysis, driving regulatory projects, meeting all deadlines with a high degree of control and accuracy

- Excellent verbal and written communication skills, with experience presenting to executive audiences and strong PowerPoint and Word skills

- Excellent analytical skills with a problem-solving approach

- Good technical skill sets including Excel and SAS or other statistical programs (coding skill sets is not needed)

- High degree of attention to detail and focus on error-free execution

- Strong ability to engage with and coordinate the work of on-shore and off-shore partners without direct authority

- Strong working knowledge of and experience with Credit-related activities and regulations

- Strong familiarity and working experience with some of the Risk-related regulations (CCAR, CECL, IFRS9, RWA, SCCL etc.), concepts, data, analysis, and accounting rules