VP - Stress Testing - Investment Bank

VP - Stress Testing.

We have an Urgent requirement with a Leading Investment Bank.

For your convenience, please find below the details of the requirement.

This role would be part of the Global Scenarios group within ERM, and be based in Mumbai.

The successful candidate will be managing two teams of Senior and Junior Analysts that develop quantitative tools to run and analyse stress testing results for the group and be responsible to produce scenario results and presentations to the senior management of the team and the department. The key stakeholders are the group head regulator (FINMA) as well as CS Board and Senior Management.

This opportunity will support the development of the stress testing framework from an Enterprise risk perspective, including but not limited to :

- Preparation of scenario analysis presentations for senior management, the Board and Regulators. FINMA stress testing requirements including: Risk identification process and monitoring, Analysis of Regulatory Scenario results, and preparation of regulatory submissions.

- Scenario-based Risk Appetite metrics as part of the firm's Risk Appetite Statement, including: Stressed capital (capital resources, capital requirements and capital ratios), earnings, and leverage ratio, and including the design of appropriate stress testing methodology

- Ad-hoc internal stress scenario analysis that may be required by senior committees

- Recovery Scenarios (qualitative storyboard and quantitative calibration) and triggers (both P&L and capital) as part of Recovery and Resolution Plan (RRP) and Reverse stress testing framework

Desired Profile :

- Stress testing and scenario analysis experience across key risk types (market risk, credit risk and operational risk) required, with extensive team and project management experience.

- Excellent understanding of risk measurement frameworks across risk types (i.e. market risk, credit risk, operational risk) and/or within risk types (e.g. VaR, Stressed VaR within market risk)

- Understanding of capital concepts (e.g. available capital, capital deductions, risk-weighted assets) and balance sheet concepts (e.g. leverage ratio)

- An excellent degree-level education (or equivalent) in a quantitative discipline essential

- Post graduate qualifications within a relevant field (MS- Finance, MBA, etc ) and additional certifications such as CFA, FRM, PRIMA preferred

Regulatory experience essential.

About our Client : Our Client is one of the world's leading Banks.

Beena Gupta

Enigma Executive Search