Senior Risk Analyst - Resi Stress Testing (Hybrid)
About the position This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office. The Senior Risk Analyst - Resi Stress Testing position supports the team responsible for Credit Loss Stress Testing production and execution of the Bank's Residential Portfolios. This team manages the credit loss portions of the bank's annual CCAR Stress Testing exercise, as well as additional runs as needed throughout the year. The team also authors the credit loss portions of the annual capital plan and is responsible for maintaining detailed process and procedure documentation consistent with peer best practices and regulatory expectations. Responsibilities • Ensure delivery of current and long-term production/execution priorities. • Execute day-to-day activities, including production cycles, intra-cycle testing, and sensitivity analysis. • Support the team's work with the credit organization to ensure appropriate review and challenge of the results is completed and documented. • Support Bank responses to audit, model risk management and regulatory examinations for all Credit Risk Stress Testing Activities. • Coordinate tactical execution of the Credit Risk Stress Testing including Annual CCAR, midcycle, and ad-hoc runs. • Recommend appropriate changes to program policies, procedures, and efficiencies to meet objectives. • Support the team in developing comprehensive reporting and analytical documentation of the results. • Coordinate, compile, and ensure timely completion and delivery of presentation materials for all review and challenge sessions. • Develop relationships with the credit risk function and leverage those relationships to maintain an effective review and challenge process with all relevant stakeholders. Requirements • Bachelors and 4 years of experience in Risk management, or financial analysis, or statistical modeling OR High School Diploma or GED and 8 years of experience in Risk management, or financial analysis, or statistical modeling. • Area of study in Finance, Economics, Mathematics, Statistics, or a related field. • Strong knowledge of Credit Risk principles which inform credit loss forecasting. • Experience with statistical / data software packages such as Netezza, SQL, Python, SAS. • Project Management Skills. • Execution oriented. • Strong skills in excel/PowerPoint. • Strong communication skills - interpersonal. • Organization skills - Detail oriented. Nice-to-haves • Direct experience with executing CCAR/DFAST Stress testing - preferably with respect to credit losses, at a $50BN or larger bank. • Familiarity with Capital Planning and Stress Testing requirements (Capital Plan Rule, SR1519, SR 12-7, ROPE, SR 11-7, etc.). • Direct Experience with Credit Loss Forecasting (Either CCAR, CECL, or FP&A). Benefits • Comprehensive benefits program for full-time associates (20+ hours), with customized offerings designed to support families. Apply tot his job