Manager - Wholesale Credit Risk Stress Testing - Investment Bank

We are looking out for candidates who are having good exposure on Stress Testing for a leading investment bank at Mumbai for AVP and Associate level

The Role

If you are an expert at stress testing, and cross-risk disciplines, a position as a Wholesale Credit Risk Stress Testing Manager is an opportunity you have been waiting for. In this role, you will determine model requirements to deliver prescribed stress tests.

To qualify for this role, you need to possess significant knowledge of stress testing and cross-risk disciplines (market/operational risk). You should have a good understanding of external regulations and their impact on stress testing methodologies and business portfolios.

What the Business Does

This role is based in the Enterprise Risk Management team at the Enterprise Wide Risk division reporting to the Head of Stress Testing Execution.

The Enterprise Risk Management team undertakes comprehensive analyses throughout the firm-wide stress testing cycle. It holds early discussions with relevant SMEs, on specific features of each stress scenario and its outcomes.

The Enterprise Risk Management team is dedicated to supporting the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests(PRA, EBA).

Your Responsibilities

As Wholesale Credit Risk Stress Testing Manager, you will be delivering Stress Testing Execution across all functions and disciplines. This will include retail, CCR, PBIL, securitisation, with a primary focus on wholesale. Your responsibilities include:

- Supporting firm-wide stress testing and ensuring it accurately presents results for the required scenario, conducting and assessing stress losses

- Independent monitoring and control function for stress testing output across Bank

- Operating within the Group Policy Standard for the Stress Testing Policy Standard and managing our firm-wide risk

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

Skills you need:

- Proven professional experience in risk management or in a banking environment

- Significant experience in determining and undertaking stress testing concepts

- Experience of risk management within complex business functions

- Experience in the adapting and embedding of capital analytics

- A high-level understanding of a banking institution's P&L, balance sheets, and capital management topics