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Reporting & Governance Sr. Analyst - Market Risk Stress Testing Analyst

Jersey City, New Jersey;

Job Description:

Specific Job Description

Market Risk management serves as independent risk oversight of the Firm’s trading activities across the various trading desks and trading portfolios. The Global Market Risk Portfolio Analysis team within Market Risk is responsible for the implementation and management of cross-product processes and analysis to support the Global Markets business and senior Risk management. The team is seeking a highly motivated individual to participate in the Market Risk Stress Testing / CCAR team. This role will support the technical and analytical aspects of the market risk stress testing routines. Responsibilities will include supporting and designing analytical processes for both new and existing stress testing requirements. This role will also serve as a technical review and challenge function of the stress test explanations ensuring that commentary provided to senior management is accurate and to the point. Finally, this role will assist in scenario design work such as researching historical market variables.

Primary Responsibilities include:
• Participating in the production of stress scenario P&L loss estimates including review and challenge of scenario commentary

• Supporting scenario design through market research and historical analysis
• Reviewing and understanding stress test rules, and helping to implement accordingly

• Maintaining a strong control environment for all stress testing processes
• Liaising with technology and data partners to correct issues
• Automate processes where needed via Python coding, excel, or other similar
• Maintain and develop documentation on processes where needed
• Fielding ad-hoc questions on the report from regulators, internal senior risk leaders, and audit partners

Required skills:

• Academic achievement in quantitative disciplines such as mathematics or statistics preferred
• Attention to detail
• Very high level of Microsoft Excel proficiency

• Familiarity with coding, Python or SQL preferred
• Ability to work in a fast-paced environment
• Intellectually curious with the ability to investigate and develop root cause analysis for portfolio changes and propose corresponding process or technology changes
• Adept at communication with ability to influence co-workers across our global team and all levels of the organization including escalation of issues
• Ability to aggregate and synthesize complex data from multiple sources

General Job Description

Works with senior management and other team members to implement enhancements to reporting and analysis packages for senior management forums and committees plus the implementation of improved reporting and data mining tools and metrics. Ensures that the team produces regulatory and economic risk capital reports and data inputs respectively. Produces regularly scheduled reports including stress and back testing and responds to ad hoc reporting and analysis requests. May manage a small team of analysts or own key reports and or processes. Strong finance, risk or compliance background with quantitative skills preferred

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-20000169

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Referral Bonus: