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Stress Testing Consultant

London, , United Kingdom

Job Description:

Job Title:  Stress Testing Consultant

Corporate Title:  AVP

Location:  London

Role Description:

  • Support the International ESPE  team with regulatory climate deliverables

  • Partner with Enterprise Stress Testing teams to ensure alignment across Enterprise and Legal Entities, ensuring local requirements are included within the Enterprise stress tests

  • Ensure compliance with all new climate regulatory requirements and guidance

  • Review and challenge both climate and existing stress testing results

  • Work with external teams to help them embed climate into their stress testing processes

The Team:

The ESPE International Stress Testing team is a small team of diverse individuals based in London and Dublin. We are seeking a Stress Testing Manager to join the Enterprise Scenario Planning and Execution (“ESPE”) organisation which is responsible for coordinating and executing capital scenario management activities for both internal exercises and regulatory submissions; and for submitting recovery and resolutions plans to the regulators. The team is responsible for ensuring capital resources are sufficient to support business activities even under adverse stress scenarios. Following the increased focus on climate the team is expanding to be able to meet regulatory demands.

Core Skills:

  • A sound knowledge of banking and investment markets and have proven risk management skills

  • Detail oriented with strong analytical skills

  • Strong written and verbal communication skills (proficient with all Microsoft Office)

  • Excellent presentation skills across all levels of seniority

  • Ability to take initiative to accomplish tasks individually and with teams across the institution

  • Ability to propose solutions to complex problems with limited direction and guidance

  • Ability to work well under pressure and adapt easily to a changing environment and expectations

Preferred

  • Knowledge of capital planning processes including Regulatory Stress Tests (e.g. CCAR, ECB stress test), ICAAP, Recovery

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title:  Stress Testing Consultant

Corporate Title:  AVP

Location:  London

Role Description:

  • Support the International ESPE  team with regulatory climate deliverables

  • Partner with Enterprise Stress Testing teams to ensure alignment across Enterprise and Legal Entities, ensuring local requirements are included within the Enterprise stress tests

  • Ensure compliance with all new climate regulatory requirements and guidance

  • Review and challenge both climate and existing stress testing results

  • Work with external teams to help them embed climate into their stress testing processes

The Team:

The ESPE International Stress Testing team is a small team of diverse individuals based in London and Dublin. We are seeking a Stress Testing Manager to join the Enterprise Scenario Planning and Execution (“ESPE”) organisation which is responsible for coordinating and executing capital scenario management activities for both internal exercises and regulatory submissions; and for submitting recovery and resolutions plans to the regulators. The team is responsible for ensuring capital resources are sufficient to support business activities even under adverse stress scenarios. Following the increased focus on climate the team is expanding to be able to meet regulatory demands.

Core Skills:

  • A sound knowledge of banking and investment markets and have proven risk management skills

  • Detail oriented with strong analytical skills

  • Strong written and verbal communication skills (proficient with all Microsoft Office)

  • Excellent presentation skills across all levels of seniority

  • Ability to take initiative to accomplish tasks individually and with teams across the institution

  • Ability to propose solutions to complex problems with limited direction and guidance

  • Ability to work well under pressure and adapt easily to a changing environment and expectations

Preferred

  • Knowledge of capital planning processes including Regulatory Stress Tests (e.g. CCAR, ECB stress test), ICAAP, Recovery

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-21084480

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Peter Brown

Referral Bonus:

0

Street Address

Primary Location:
2 KING EDWARD ST, London, EC1A 1HQ