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22/11 Hetal
Consultant at Black Turtle

Views:1668 Applications:47 Rec. Actions:Recruiter Actions:19

Vice President - Stress Testing/Economic Risk/Model - Financial Services (8-15 yrs)

Mumbai Job Code: 636414

The successful candidate will need to accomplish the following core tasks :

- Help to design new stress scenarios and to keep relevant existing stress scenarios, as external conditions evolve and to ensure that the material Client risks are fully captured.

- Develop stress scenarios using quantitative expansion models.

- Supplement the use of quantitative expansion models with qualitative expert judgement which references stress events that have occurred in the past and brainstorms how the markets/economy may potentially react in the future.

- Drive syndication and agreement on stress scenario assumptions with the Clients Research fraternity and with risk managers across all the asset classes.

- Help ensure stress scenarios remain relevant by writing regular high quality updates on emerging external risks.

- Help support P&L Impact Analysis of the Scenario calibration to the Risk profile

- An excellent understanding of economics and economic data sources.

- A strong quantitative background, such as a degree in economics and/or finance.

- Some understanding of traded, banking book and credit risks, most likely gained through working in a risk function in a financial institution.

- Experience writing forward-looking analysis of the economy and the markets.

- Experience in translating macro-economic concepts into plausible risk factor shocks.

- Some post-education experience in coding in VBA or R.

- Excellent communication skills, both verbal and written.

- A good knowledge of statistical and data base packages.

- Some experience managing junior members of a team

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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