VP - Stress Testing - Investment Bank

We have an excellent opening for VP - Stress Testing for leading Investment Bank based in Mumbai .

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

- Monthly/quarterly assessment of the firm's adherence to stressed capital, earnings and leverage metrics in the Risk Appetite Statement. Liaise with front office, Capital Management Group and other stakeholders to identify and evaluate mitigating actions where required

- Project managing cross-functional (e.g. Finance, Treasury, Risk etc.) inputs required from subject matter experts across the firm to meet above deliverables

This role offers high exposure to Senior Management. Moreover the role is within one of the fastest growing and critical areas of the bank - stress testing. Stress Testing Scenario Analysis and related modeling are expected to gain even more prominence in the future.

The Stress Testing group is located in London and Z- rich. Expansion is undergoing in the Mumbai hub. The role would be part of a large presence for Group ERM in Mumbai, and will be reporting directly to London and Zurich.

The job entails working to distill risk information from the analysis of stress testing results, and apply quantitative techniques to derive tangible implications for business lines and the group. The results of stress testing analysis would also feed into internal risk appetite / limit setting process and hence successful candidate would be expected to further integrate stress testing results with business decision making process.

You offer:

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 (minimum 12 years)

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 quantititative 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

If you find it is suitable then please send me your updated CV with below detail or provide me a reference .

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Tejashree
Senior Consultant
Black Turtle.
A-405, 4th Floor, KIC -Parksite, Vikhroli(West), Mumbai 400079,India
Dir No: +91 22 66848548