Local Knowledge Global Resources Specialist Consultants

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Director - Scenario Expansion

Location: London, England, United Kingdom

Salary: £Competitive package

Tier 1 bank seeks a Director to join the Risk Capital function in London.

The Scenario Expansion team designs and produces both regulatory and internal stress test scenarios for capital management and reporting purposes (including ICAAP).  The team is highly skilled in econometric and statistical modelling and analysis.

A Director level capital risk professional is required for a newly created role in the team which will be responsible for supporting the build out of a new stress testing framework and internal models globally. Your team will also research, develop, build and run tools for Scenario Design and Expansion, analysing the model results for appropriateness.  This role requires engagement with stakeholders in business teams, the model validation team and projects.

The successful candidate will have a numerate/quantitative degree, strong econometric and statistical modelling skills, experience in stress testing/scenario expansion, strong communication skills and the ability to manage a team which works with large volumes of data.  At Director grade, you must have a deep understanding of the stress testing models in order to have credibility with the team and the stakeholders.  Ideally you will have previous direct experience of managing models and are like to be currently managing a team which produces models.  Experience of ICAAP or CCAR would be beneficial.