Job Description

The role within Firm Risk Management's Credit Risk Management department focuses on analyzing lending activities, running stress testing models, and collaborating with various teams to manage risk within the Institutional Securities Group.

Requirements

Bachelor's degree required
Strong writing and communication skills
Familiar with fixed income products such as loans, bonds, CDS, securitized products, and fundamental financial/economic concepts
Strong Excel skills including data lookups and transformations as well as writing logic-based formulas
Strong mathematical skills, including exposure to fixed income mathematics and concepts
Hardworking team player/self-starter with a desire and willingness to learn, attention to detail, and problem-solving skills
Basic knowledge of programming languages such as SQL/VBA/R/Python a plus

Responsibilities

Perform stress testing model runs and analyze results for regulatory stress tests (CCAR) as well as for ongoing business-as-usual stress loss estimates
Collaborate with risk analytics and technology groups on model implementation and testing
Create and deliver presentations to management audiences to aid in analysis and understanding of stress loss results
Covering risk identification process for ISG Lending Credit including materiality assessments, material preparation and ad-hoc requests on risk ID process
Ensure proper implementation of Governance and Controls including updating documentation and project management of recurring and ad-hoc deliverables
Work with technology/perform UAT testing on projects to streamline and enhance existing stress testing models, data tables, and analysis tools