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Stress Tester and Risk Manager
Ref No.: 17-19585
Location: Jersey City, New Jersey
Domain
AD Risk Management Services
Area
Risk Management
Team
EAS Risk Analytics




QRM-Data and Portfolio Analytics team would like to request one additional consultant to assist with the regulatory and project deliverables in 2017 and 2018.

The team is experiencing resource constraints mainly because the team has multiple work streams such as:

1. Acceleration of Audit Issues: we will need to enhance and implement methodologies.
2. Enhanced data, system and production controls: Various controls were developed and implemented during the early phases of Stress Testing Enhancement Program under tight deadlines. To ensure that we meet regulatory requirements and stabilize the control processes, we will need to review the control processes and implement additional enhancements if needed. In addition, we plan to automate some manual processes to reduce operational errors and boost efficiency.
3. Integration of newly enhancements from NSCC and FICC:
a. Stress test to cover the cease to act scenario under ATG.
b. NSCC concentration risk in issuer, asset classes, or sectors etc
c. MBSD Sensitivity methodology
4. Analyses on stress scenarios such as
a. Reverse stress testing



The prospective candidate should have at least several years of working experience in the financial industry with reasonable financial knowledge and solid programming skills especially SQL in database. A master or above degree in the quantitative fields is preferred.

The new consultant is expected to help on the effort for automation of manual processes and portfolio analytics.