Responsibilities:

The role will be engaged in complex, strategic activities across multiple projects and workstreams to enhance end-to-end ICAAP stress testing processes. This spans a wide range of ICAAP related activities including scenario design, stress loss calculations, and economic capital and is global in scope, encompassing stakeholders across Risk, Finance, Country Management. The role will be located in London and report into the EMEA Head of LIST

The LIST team will cover ongoing enhancements including:

• Scenario design process for ICAAPs across 40+ legal vehicles, vulnerability assessment, narrative development, core scenario shocks, and variable expansion;

• Country needs assessment framework to streamline and optimize each ICAAP’s usage of centrally developed models and analytical tools (including those used for wholesale credit risk, retail credit risk, traded risk, treasury risk, and pension risk calculations for stress loss and economic capital);

• ICAAP governance enhancements to ensure legal vehicle compliance with the firm’s enterprise stress testing, model risk management, and capital planning policies and standards;

• ICAAP risk analytics solutions and high-level implementation plan; and

• Presentation materials to senior stakeholders across EMEA senior management, global franchise management, and senior risk committees

• Development Value: The successful candidate will have the opportunity to work on a wide range of analytical and strategic topics relevant for senior management and regulatory bodies. They will interact confidently with quantitative analyst and risk management professionals across multiple risk stripes and geographies, and in doing so, gain an expansive view of the firm. The project is a key component to a major new analytical initiative for the QRS team.

Qualifications:

• Bachelor’s degree (preferably Masters) in Economics, Finance, or another field with analytical focus (Mathematics, Engineering, Computer Science, etc.) is required

• Previous experience in financial services sector, in roles requiring superior problem-solving analytical capabilities

• Experience in developing strategic plans for complex processes, drafting senior management communications; familiarity with relevant regulatory guidance (including IFRS9 based ICAAP credit stress loss methodologies, impairment staging rules, minimum coverage ratios, etc), and model risk management are strongly preferred

Skills:

• Exceptional writing and PPT skills, with the ability to synthesize complex concepts and translate into effective presentations to senior audiences

• Exceptional data analysis skills, with the ability to quickly manipulate large data sets and identify key trends relevant to big picture

• Strong analytical skills and working knowledge in the principles of credit and market risk, with ability to understand technical concepts

• Strong project management skills, with ability to build relationships confidently at all levels

• Highly motivated, with ability to work both independently and collaboratively

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.