Stress Testing Anaylst
Citizens Financial Group - Work at Home

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Responsibilities

The primary roles are: support internal and regulatory stress testing and capital reporting; develop stress testing calendars and liaise with functions across the organization in order to ensure timely receipt of stress testing deliverables, document processes and procedures involved in regular stress testing, interact on a regular basis with credit risk regarding scenario development and deliverables, analyze stress test results and complete required templates and reporting, in addition to performing other duties as assigned. The Senior Credit and Balance Sheet Analyst will interact on a regular basis with Risk, Finance, Corporate Planning, Accounting, Investment, Liquidity, Capital Planning and other various business units.

Stress Scenario Development :

Communication of stress scenarios and requirements to businesses, risk, Treasury ALM, and other stakeholders

Work with LOB partners, credit risk and ALCO modeling teams to discuss and assess behavioral modeling assumptions for various stress environments.

Ascertain internal and regulatory stress test requirements, develop a schedule of deliverables, including timing for completion, analysis, reporting, and governance

Document scenario results:

The results of stress scenarios need to be well understood and documented

Assist in completion of required RBS stress scenario templates

Assist in completion of required CCAR templates

Assist in development and completion of reports regarding stress test methodologies and results

Assist in the writing of narratives regarding the stress test process and results

Analyze Reporting:

Review and analyze stress test results

Assist in the assessment of capital and liquidity strategies and management actions under various stress scenarios

Produce several variance analyses to identify, indicate and explain differences between base case and stress scenarios to ensure quality controls in regulatory reporting.

Isolate and measure components of the bank’s credit risk exposure

Process Improvement:

Work to improve the overall stress testing process by increasing efficiency and reducing the amount of time from scenario receipt to scenario completion.

Identify issues and develop recommendations for improving the stress testing process

Create standardized templates and reports that would improve efficiency

Qualifications

Bachelor Degree in Business, finance, accounting, computer science, math, statistics , economics, or other related fields of study required

Master's Degree in Finance, Accounting or Economics preferred

An understanding of the regulations related to CCAR stress testing requirements is a plus

Strong quantitative, analytical, interpersonal, and communication skills are required.

An understanding of banking and credit risk including key risk drivers.

Familiarity with basic risk management concepts and principles, valuation of basic financial instruments, Funds Transfer Pricing, Basic accounting principles.

Basic understanding of financial markets, interest rates and the potential impact of current economic activity and political events thereon.

1-2 years experience in the following areas:
  • Microsoft’s Excel, Word, Access and PowerPoint are necessary
  • Essbase database knowledge a plus (onsite training available)
1-5 years experience in the following areas:
  • Experience with credit risk analysis and reporting
  • Experience with balance sheet and P&L stress testing

Hours and Work Schedule

Hours per Week: 40
Work Schedule: Monday-Friday 8:00AM-5:00PM

Equal Employment Opportunity

It is the policy of RBS Citizens, N.A. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other factor protected by federal, state and/or local laws.

Citizens Financial Group - 16 months ago - save job - block
About this company
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We’re Citizens, in every sense of the word. It’s our belief that a good bank is made up of good citizens. That’s why...