VP/Sr VP - CCAR Modeling/Financial Risk Strategy - Banking Captive

This role supports "Client" Comprehensive Capital Analysis & Review (CCAR) requirements to project revenues, expenses, balance sheet and drivers for all Institutional and Consumer businesses, regions and products. It involves creation, validation, analytics and business engagement of all statistical and econometric models/calculations/estimations across products.

This requires deep understanding of the time series modeling and analytics including related statistical principals and tests, econometric methods and drivers of each product/business. Additionally this also involves explaining the models to the business (driver trends and macro relationship) to get sign off and make it an integral part of their planning process. This process is extremely critical and highly visible as it directly impacts the firm's projected capital ratios and its successful CCAR filing to the US Fed.

Responsibilities:

- Lead and manage modeling efforts to construct driver based processes/tools for scenario analysis and used for Comprehensive Capital Analysis & Review (CCAR) submissions

- Coordinate COE FP&A activities for CCAR, including liaising with business units, risk and treasury

- Lead interaction with Business & Finance teams to build statistical models for underlying scenarios and to drive model improvements. Engage with business on analysis of projections and correlation of time series data with macroeconomic indicators

- Manage and drive modeling effort to build the operating plan and forecast for businesses

- Conceptualize modeling methodology, statistical tests, estimation calculations, business and P&L line item levels

- Present stress test and other scenario based results to the Business Heads & Corporate FP&A senior management. Drive modeling calls with senior leaders.

- Lead, drive and manage the Documentation effort for CCAR submission to the US Fed

- Drive model validation efforts with the independent validation group and the country/market risk leads

- Lead and manage CCAR internal audit process and implement control points/audit recommendations

Qualifications:

- 10+ years of finance/business/strategic planning/research/financial modeling/credit/market risk experience in financial services/banking sector

- MBA/Masters in Economics, Finance, Statistics, Accounting or related discipline

- Able to apply financial modeling techniques and have working knowledge of Statistics (regression techniques), SAS programming, Excel pivot tables, and Access database management

- Thought leader with advanced conceptual, analytical and problem solving skills. Demonstrated ability to find solutions to complex problems and also direct the team as required.

- Excellent presentation skills; the ability to translate complex statistical/financial information into business friendly presentations is critical; demonstrated ability to synthesize quantitative and qualitative data to draw conclusions/insights and assist in decision making

Akshit