Job Title:

CCAR Stress Testing Consultant BFSI (Risk & Capital Planning)

Location:

Preferred: Bangalore

Open to: Pan-India (Hybrid/Remote based on business need)

Company:

Global IT & Consulting services organization with a strong focus on BFSI, risk management, and regulatory compliance for large global banks.

Role Overview:

We are looking for an experienced CCAR / Regulatory Stress Testing Consultant to work closely with our BFSI leadership team and our global banking clients (primarily US-based large banks and BHCs).

The role will focus on regulatory stress testing (CCAR/DFAST), capital planning, risk & finance data integration, and model governance helping clients design, implement, and enhance their end-to-end CCAR frameworks, including FR Y-14 reporting, loss estimation models, and capital adequacy assessments, as expected by the US Federal Reserve and Basel II/III / ICAAP guidelines.

Looking for: Immediate joiners / candidates with 30 days notice.

Key Responsibilities

1. CCAR & Regulatory Stress Testing Advisory

- Lead/participate in engagements for CCAR, DFAST and internal capital adequacy assessments (ICAAP) for large US and global banks.

- Interpret and apply regulatory guidance (e.g., CCAR Capital Plan Rule, SR 11-7, SR 12-7, Basel II/III Pillar 2, Enhanced Prudential Standards) to client environments.

- Support clients in aligning stress testing, capital planning and risk appetite frameworks with supervisory expectations.

2. Stress Test Design & Methodology

- Design and review end-to-end stress-test methodologies across PPNR, credit risk, market risk, and operational risk, ensuring alignment with macroeconomic scenarios (Baseline, Adverse, Severely Adverse).

- Work with client teams to translate macro-economic variables (unemployment, GDP, HPI, interest rates, spreads, etc.) into portfolio-level loss and capital impact.

- Assist in building / reviewing segment-level loss models (C&I, CRE, Retail, Cards, Mortgages, etc.) and validating their suitability, conservatism and performance.

3. Data, FR Y-14 Reporting & Process Integration

- Support clients in designing data sourcing, aggregation and reporting processes for CCAR (FR Y-14A/Q/M schedules retail, wholesale, securities, PPNR, regulatory capital instruments, Basel III/DFA).

- Coordinate with technology, finance and risk teams to ensure data quality, reconciliation and lineage across stress testing, Basel, and finance systems.

- Identify and help remediate data and IT infrastructure gaps, manual adjustments and process inefficiencies.

4. Governance, Documentation & Model Risk

- Contribute to model risk management activities (per SR 11-7): documentation, validation support, model performance monitoring and remediation plans.

- Draft and review policies, procedures, and governance artefacts related to stress testing, capital planning and ICAAP (e.g., capital policy, CCAR methodology documents, control frameworks).

- Prepare board-level and senior management presentations, narratives and supporting analysis for CCAR submission, supervisory reviews and internal challenge forums.

5. Stakeholder Management & Consulting

- Work closely with onsite client SMEs, risk & finance leaders, and technology teams to deliver CCAR programs and enhancements.

- Participate in workshops, requirement-gathering sessions, and solution walkthroughs with clients CRO, CFO and risk strategy teams.

- Support internal pre-sales / solutioning for CCAR and regulatory risk offerings PoVs, proposals, effort estimation, and responding to RFPs.

Required Experience & Skills

Experience:

- Total experience: 7 to 12 years in Banking / Capital Markets / Risk.

- CCAR / DFAST / Regulatory Stress Testing: Minimum 3 to 5 years hands-on experience with large banks, consulting firms, or captive GCCs.

Domain & Technical Skills:

Strong understanding of:

- CCAR objectives, timeline and processes (capital plans, supervisory & company-run stress tests, mid-cycle tests).

- Capital planning & ICAAP, including capital ratio projections (Tier 1 Common, Tier 1 Leverage, Total Capital, RWA dynamics).

- FR Y-14A/Q/M reporting, especially credit loss, PPNR and capital schedules.

- Basel II/III concepts PD, LGD, EAD, RWA, economic capital.

- Good exposure to stress-testing modeling frameworks (PPNR, credit loss models, scenario design, idiosyncratic scenarios, integration across risks), as illustrated by best-practice frameworks in industry.

- Working knowledge of data and IT architectures used for CCAR data warehouses, risk engines, reporting tools, and reconciliations.

- Comfort working with large datasets and tools such as SQL/Excel; familiarity with SAS/R/Python for risk analytics or model implementation is an advantage.

Consulting & Soft Skills:

- Strong business consulting orientation able to translate regulatory expectations into scalable processes and systems for clients.

- Excellent stakeholder communication, documentation and presentation skills; ability to interact with senior client executives.

- Ability to work in global delivery models with onsiteoffshore collaboration, overlapping US time zones when required.

Education & Certifications:

- Bachelors / Masters degree in Finance, Economics, Statistics, Mathematics, Engineering, or related quantitative discipline.

- Preferred qualifications (nice-to-have):

- Professional certifications such as FRM, PRM, CFA or equivalent.

- Any certification/training in risk management, Basel, stress testing or model risk.

Behavioral Traits:

- Strong ownership mindset and ability to operate in an evolving regulatory and technology landscape.

- High attention to detail with a focus on data quality, controls and governance.

- Collaborative, proactive, and able to work under tight regulatory timelines (e.g., CCAR annual cycle deadlines).

Other Details:

- Employment Type: Full-time, Consulting / Permanent.

- Notice Period: Preferably Immediate joiners; candidates with 30 days notice will be given priority.

- Travel: Short international travel to client locations may be required (US/EMEA) based on project needs.