Model Development Role - Investment Banking

- Coordinate FP&A activities for long-term planning and CCAR, including liaising with global Finance business units, Risk and Treasury; the ability to build partnerships is very important

- Execute Review and Challenge of all CCAR activities, including overlays, results, qualitative modeling approaches / expert judgment

- Execute Review and Challenge of PPNR key assumptions and analysis of key sensitivities in preparation for submission to senior management and the Board

- Develop guidelines and training to engage with businesses regarding Key Assumptions and Sensitivity Analysis

- Develop analytics and analytical tools to help drive understanding of key results by the businesses and senior management, as well as to support the review and challenge execution

- Support business engagement on base and stress results, highlighting key drivers, risks and business specific initiatives

- Develop presentations and analysis of review and challenge activities/results to PPNR Senior Governance Group

- Support resolution of Fed questions/variance analysis, develop and review Fed materials

- Support external and internal audits of the PPNR process and results

- Support independent review of RUBY and governance reporting process

- Change agent mentality and ability to work as part of a broader team are very important

- Be a very quick learner, ready to dive in to details, gain good business knowledge of all businesses, and become a PPNR expert/go-to leader

Qualifications : 

- Minimum of 4+ years of relevant finance/business/accounting/statistical experience in financial services

- Degree in Economics, Finance, Accounting or related discipline

- Financial product knowledge particularly in Markets and Banking area is preferred

- Working knowledge of RUBY system is a plus

- Good working knowledge of Excel VBA, SAS is a plus

- Ability to understand broad technical aspects of modeling/model validation reports and translate into business/overlay implications/methodology

- Ability to understand CCAR scenarios, macro-economic variables and their impact on Institutional and Retail businesses

- Ability to translate complex financial schedules into meaningful analysis and presentations

- Demonstrated analytical skills, including the ability to synthesize quantitative and qualitative data to draw conclusions and assist with decision making

- Strong interpersonal skills, with a balance of assertiveness and discretion to be a credible and sought after resource

- Flexibility to be effective and persuasive with all levels of management

- Ability to build key cross-functional and cross-business relationships

- Change agent mentality to drive for process enhancements and simplification; demonstrated ability to lead projects