Stress Testing Role - Credit Risk/Regulatory Reporting - BFS

Stress Testing - Credit Risk / Regulatory Reporting

The role holder is responsible for the following in undertaking the role:

- Deliver on the Credit Risk requirements for the Enterprise-wide Stress Testing (EST) exercises

- Carry out the EST stress testing analytics work

- Ensure compliance to EST procedures, methodologies and controls.

- Manage all governance related aspects of the execution of credit risk stress testing

- Drive process improvements and best practices for more efficiency and productivity

- Lead and manage the support staff necessary for the production of credit risk stress calculation with a focus on the banking book

- Support development and maintenance of underlying models to enhance credit risk stress testing methodology.

- Deliver adequate documentation on stress testing methodology subject to management, model validation, audit & regulatory scrutiny.

- Deliver on the operational risk framework for the credit risk stress test process.

- Stress Testing model execution Execute the models from end-to-end, from T0 and input preparation to output checking for reasonableness at high level

- Prepare the T0 which are not provided by data team. The data will be sourced from Reg return / financial statements

- Prepare the scalars for input tables and fine-tune the results in subsequent model runs

- Execute the full model run, prepare the mapping for the financial summary by linking it to model output for review

- Check with teams who conduct external projections (e.g. traded risk), collect & use the EM tables