About the Role
This role is responsible for designing, implementing, and reviewing quantitative models and stress testing frameworks in support of CCAR and internal capital planning. The individual will collaborate with risk, finance, and technology teams to ensure robust model performance and regulatory adherence.
Responsibilities
- Lead the development and documentation of quantitative models for CCAR submissions
- Conduct model validation and performance testing across economic scenarios
- Analyze model outputs to assess capital adequacy under stressed conditions
- Collaborate with risk and finance stakeholders to align modeling assumptions
- Ensure compliance with regulatory standards and internal governance policies
- Support audit and examination processes related to stress testing models
- Improve modeling methodologies through research and technical innovation
- Evaluate model risk and recommend enhancements or remediation actions
- Present technical findings to senior management and control functions
- Maintain version control and model lifecycle documentation
- Troubleshoot data inconsistencies impacting model inputs or outputs
- Work with data engineering teams to optimize data pipelines
- Develop automated reporting tools for model monitoring
- Stay current with regulatory changes affecting stress testing requirements
- Mentor junior analysts in quantitative methods and model development
- Participate in peer reviews of related modeling projects
- Ensure reproducibility and transparency in modeling workflows
- Integrate macroeconomic forecasts into scenario analysis frameworks
- Assess sensitivity of capital outcomes to model assumptions
- Coordinate with external vendors on model-related deliverables
- Support model governance committee meetings with technical materials
- Identify opportunities to streamline model validation processes
- Apply statistical and machine learning techniques where appropriate
- Maintain awareness of industry best practices in financial modeling
- Ensure adherence to model risk management standards
Compensation
Competitive salary and benefits package commensurate with experience
Work Arrangement
Hybrid work model with both remote and on-site expectations
Team
Part of the Enterprise Stress Testing group within the Risk Management division
About the Team
This position is embedded within the Enterprise Stress Testing team, which plays a central role in the organization's capital planning and regulatory reporting processes. The team works at the intersection of risk, finance, and technology to ensure accurate and defensible modeling outcomes.
Technology Environment
Analysts use a combination of Python, R, SQL, and enterprise data platforms to build and validate models. The environment supports automation, reproducibility, and integration with centralized risk data warehouses.
Not available for this position
