Brooklyn, NY, USA
49 days ago
Resolution Stress Testing Markets - Vice President

Looking for a role where you can further develop your knowledge of Markets businesses, use your analytical and quantitative skills and work with stakeholders across the Firm to drive a challenging agenda? As a Vice President in our Resolution Stress Testing team, you will play a crucial role in shaping our strategic response to regulatory challenges, working with our Corporate & Investment Banking (CIB) lines of business, Corporate Treasury and second line experts in Market Risk, Valuation Control Group, Liquidity Risk Management and Model Risk Governance. This position offers exposure to senior management, regulatory engagement, and the chance to work on high-profile projects. Join us and be part of a diverse, inclusive team that values innovation and collaboration.

As a Vice President in the Resolution Stress Testing team, you will be at the forefront of developing our strategy to wind down markets businesses during a recovery or resolution event. You will work closely with various lines of business to develop strategies for packaging and selling our markets business. Your role will involve developing approaches to and quantifying exit costs, estimating liquidity impacts, and assessing Risk-Weighted Assets (RWA) as a result of the strategy. This is a unique opportunity for someone interested in treasury concepts, capital markets and stress testing to contribute to the firm's financial resilience and to build a broad suite of skills. Play a crucial role in shaping the firm’s strategic response to regulatory challenges and gain exposure across the organization to develop your expertise in stress testing in deep market and idiosyncratic scenarios considered in Recovery and Resolution Planning.

Our team is dedicated to ensuring the firm's stability and compliance with regulatory requirements. You will collaborate with experts across different functions, providing you with a holistic view of the financial landscape. Your contributions will directly influence our strategic decisions and help us navigate complex regulatory environments. If you are a dynamic individual with intellectual curiosity and a strong track record of insightful analysis and control focus, we invite you to apply and be part of our innovative team.

Job Responsibilities:

Develop strategies for the orderly wind down of trading and derivative activities. Collaborate with lines of business to develop approach to package and sell markets businesses. Develop approach to quantify exit costs in various scenarios. Estimate liquidity and Risk-Weighted Assets (RWA) impacts. Contribute to Resolution Financial Analytics, including regulatory submissions. Present results to senior stakeholders. Review and refine methodologies and approaches. Drive continuous improvement and develop new methodologies and system functionalities.

Required Qualifications, Capabilities, and Skills:

Strong working knowledge of derivatives pricing and P&L, securities, secured financing, market, and/or counterparty credit risk or valuations experience. 3 years of experience in financial analysis or a related field. Strong analytical, investigative problem-solving, and decision-making skills. Ability to take initiative and solve problems independently. Excellent communication skills, particularly in explaining technical concepts. Proficiency in Excel and PowerPoint. Familiarity with automated solutions, such as Alteryx, or desire to learn Strong relationship-building skills and the ability to engage various functions and locations. Comfortable with detailed independent analysis and coordinating input from others. Good organizational skills & planning ability Strong teamwork and communication skills with the ability to work under pressure and to strict deadlines Strong interpersonal and influencing skills to be able to work closely across different stakeholders

Preferred Qualifications, Capabilities, and Skills:

Experience in developing Qualitative Models and model review. Familiarity with regulatory requirements and compliance. Experience in stress testing or similar financial resilience assessments.

NOTE: This position is not eligible for sponsorship. 

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