Kloudhire

Risk is mandated by the Board with the overall management and oversight of risk management practices group-wide.
It operates right across the organisation, and right across the globe to protect financial performance and reputation.
The mission of the CCAR Retail Risk Team is to ensure the timely and accurate delivery of CCAR Loss Forecasting stress testing results and related risk processes for the design and implementation of CCAR Stress
Testing models, Risk Identification and Scenario Generation, Governance & Control and Operational Risk.

Overall Purpose Of Role

As subject matter expert within this high-profile team, you will take ownership of stress testing (CCAR/DFAST), and participate in the loss and Impairment forecasting of the Retail portfolio.
You will work with stakeholders across Risk, Finance, Treasury, Technology and the business in Intermediate Holding Company (IHC) and Bank Delaware (BBDE) to deliver CCAR related activities.
You will be expected to implement best practice for all stress testing forecasting models, governance, processes and methodologies.

Key Accountabilities And Skills Required

Provide analytics for CCAR related activities, e.g. Review and challenge the CCAR models producing loss projections, risk identification and scenario generation, testing, model risk, documentation, and functional reporting.
Coordinate executing CCAR related activities and deliverables related to BBDE risk models and model outputs with colleagues in multiple teams to help resolve open issues and ensure deadlines and quality expectations are met.
Monitor and analyse BBDE portfolio performance, risk exposures and risk appetite. Understand all factors that impact GAAP loss reserve, IFRS Impairment, and Capital Demand, ensuring that stress test forecasts are accurate and transparent.
Identify emerging risks. Monitor economic indicators and industry trends.
Provide coordination and analysis of other stress testing related activities within the IHC and BBDE.
Risk and Control: All colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards
Your Skills And Qualifications Will Include

Basic Qualifications

5+ years of Risk Management, Accounting, Forecasting and Analytic Experience in banking, preferably credit cards. CCAR experience
Bachelors Degree

Preferred Qualifications

Masters Degree preferred
Credit Risk / Finance analytical experience on consumer retail portfolios
Strong Excel financial modelling skills - with experience developing and improving dynamic forecast / multi-scenario models
Highly numerate / statistical knowledge - able to work with numbers and make error free calculations
Stakeholder management - interface with various departments effectively to ensure all relevant business inputs are considered and forecast results are communicated
Understanding of Regulatory requirements for Capital Demand under Basel rules
Experience of working with advanced modelling data.
Understanding of credit losses and/or impairment
Ability to produce accurate results under pressured timelines
Degree in highly numerate discipline
Strong SAS / SQL skills - with ability to manipulate large data sets, automate monthly processes and debug code with minimal steer.