Risk Mangement

Contract: Irving, Texas, US

Salary: $78.00 Per Hour

Job Code: 356542

End Date: 2025-01-04

Days Left: 11 days, 8 hours left

Position Details  

Client: Banking  

Title: Risk Mangement   

Location: Irving, TX 75039 (Hybrid) 

Duration: 7 months + Possible extension  

Schedule: Shift hours: Basic Business Hours  

Start Date: ASAP 

Pay Range: $75/hr - $78/hr

Key Responsibilities: 

  • Execute monthly stress testing exercises to monitor WCR’s risk appetite and identify vulnerable areas 
  • Cover key process of rapid stress testing, overlays 
  • Provide analytics support to stress test models in wholesale products, connect the stress testing output to model drivers 

Other Responsibilities: 

  • Build tools & analytical capabilities to support outcome analysis, loss forecasting reports and what if analysis 
  • Gather and analyze portfolio and macro-economic data to assess potential impact on business performance and integrate the trends to the portfolio loss forecast 
  • Partner with business units and risk managers to assess data availability and fit for purpose modeling approaches 
  • Interact with model developers, model risk governance, business risk, internal audit 
  • Leverage business / product expertise to evaluate and challenge the stress loss assumptions in hypothetical and historical stress scenarios 
  • Research on 3rd party data, loss history and alternative models to build inventory of benchmarks 
  • Contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements 

Qualifications: 

  • 5+ years' experience in stress testing (CCAR/DFAST), CECL, or loss forecast model development 
  • 5+ years' experience with data analytical tools like Python or R 
  • Sound knowledge of C&I and CRE loss forecast modeling analytics, PD/LGD/EAD models, experience in HFS/FVO is preferred 
  • Demonstrated experience of building analytical tools to support the analysis of loss forecasting results, using tableau, Excel, R shiny or Python 
  • Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis. 
  • Proficient with MS Office suite, Word, Excel, PowerPoint. 
  • Knowledge on scenario design, sensitivity shocks and risk identification process 
  • Good interpretations and communications skills to convey complex quantitative methodology in simple terms 

Education: 

  • Bachelor’s/University degree or equivalent experience, potentially master's degree in Economics, Finance, or quantitative majors 
Job Requirement
  • stress testing
  • wcr
  • wholesale credit risk
  • CCAR
  • python
  • powerpoint
  • excel
  • DFAST
Reach Out to a Recruiter
  • Recruiter
  • Email
  • Phone
  • Khushi Mehta
  • khushi.mehta@collabera.com
Apply Now
Apply Now
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