Risk Management Specialist
1 week ago
We are seeking an experienced professional to join our RWA Forecasting Model Oversight team as a Risk Management Specialist. This role is a key member of the Capital Forecasting and Analytics team, responsible for providing critical support to senior management in achieving the firm's capital targets.
Key Responsibilities
- Manage RWA forecasting models for quarterly stress-testing cycles (CCAR/DFAST) across all risk types, ensuring compliance with internal policies and regulatory guidelines.
- Provide in-depth analysis and due diligence of macroeconomic variable forecasts and modeled output in quarterly stress-testing cycles.
- Maintain and manage the inventory of assumptions, models, and deterministic tools used in the RWA forecasting process.
- Perform business analysis to respond to regulatory and business questions, providing portfolio insights and data-driven analysis to senior management.
- Assist in the enhancement of the RWA forecasting process design and system implementation.
- Collaborate with technology teams to automate RWA forecasting and improve model efficiency.
Requirements
- 10+ years of relevant experience in the financial services industry, preferably with knowledge of Basel regulatory guidelines and banking domain.
- Strong understanding of forecasting models, data analytics tools, and risk management frameworks.
- Excellent communication and diplomacy skills, with the ability to guide and influence others.
- Self-motivated with the ability to make decisions in the absence of detailed instructions.
Education
- Bachelor's/University degree or equivalent experience, preferably with an MBA or equivalent finance degree.
- CFA, FRM, or PRMIA certifications are preferred.
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