RBS - Associate Vice President - Stress Testing

Role

The role will be Supporting the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests (PRA, EBA, 9+3 and ICAAP) and Delivering Stress Testing Execution across all functions and disciplines as required, including; Retail, CCR, PBIL, Securitisation, with primary focus on Credit.

What the Business Does

The Role is in Stress Testing - Credit Analytics and reports to Lead - Stress Testing - Credit Analytics

Your Responsibilities

As Associate Vice President your key responsibilities will be - 

- Delivering the execution of budgetary and strategic planning cycle stress testing and regulatory stress tests (PRA, EBA, 9+3, ICAAP etc.) which includes delivery of STDF templates

- Resolution of regulatory actions and queries resulting from the stress testing submissions

- Undertake comprehensive analysis throughout the firm-wide stress testing cycle, and hold early discussions with relevant SMEs, on specific features of each stress scenario and its outcomes.

- 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 credit, market and operational risk.

- Determine model requirements to deliver prescribed stress tests; In collaboration with stress test model development team requirements.

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

- Work with businesses and SMEs to drive consistency of methodology and assumptions across credit.

- Provide Expert support and advice to the business on risk management. This includes interpreting and complying with the risk policy standards and risk management framework

- Proven track record of handling internal stakeholders, facilitating regulatory and internal stress testing related queries

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

- Strong experience of credit portfolio modelling in major banks or rating agencies

- Good understanding of the Basel II/III framework

The skills you will need

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

- Strong quantitative background

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

- Experience in producing high quality documentation output

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

- Strong experience of credit portfolio modelling in major banks or rating agencies

- Hold a degree in quantitative discipline

- Good understanding of the Basel II/III framework

- Experience in the adaption and embedding of capital analytics and communicating capital outcomes to stakeholders

- Sound analytical and mathematical skills, with Financial Controls knowledge and experience

Why RBS?

RBS doesn- t just provide you with an exciting work and a generous pay package. We take pride in ensuring your personal and professional developments are first and foremost. You will have access to a range of development and learning programs, services and support designed to help you manage and balance your work/life priorities.Whether its retirement planning, supporting a charity close to your heart or taking care of your well-being, RBS makes sure you are taken care of. For more information on our benefits, please visit our website.At RBS, our purpose is to serve customers well. We serve around 24 million customers across the globe, and our aim is to consistently meet their needs wherever they find us. Our ambition is to become the UK's number-one bank for customer trust, service and advocacy by 2020. Our global workforce is integral to helping us achieve this goal.With colleagues across 5 main states, and connected across-the-globe by common values and a unified ambition, RBS India delivers vital bank functions that help us offer truly round-the-clock support to our UK customers, and 24/7 banking to our international customers.

RBS welcomes applications from all sections of the community.