Senior Bank Stress Testing Analyst

Grow your career as a Senior Bank Stress Testing Analyst with an innovative global bank in Rutherford, NJ. Contract role with strong possibility of extension.

Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide.

You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration : 10+ Months

Required Skills & Experience

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related field.
• 10+ years of experience in banking or management consulting within the financial services space.
• 5+ years of experience in stress testing, risk management, financial reporting, or a related field within the financial services industry.
• Highly skilled and experienced Stress Testing Analyst with 10+ years of experience in bank stress testing.
• Deep understanding of financial risk, regulatory requirements and regulatory reporting.
• Strong understanding of banking, products, financial markets, regulatory requirements, and risk management principals, with specific expertise in stress testing methodologies and practices.
• Excellent communication skills, with the ability to convey complex concepts and analysis findings clearly and concisely to diverse audience, including senior executives, regulators, and internal stakeholders.
• Proven leadership abilities, with experience leading cross-functional projects or teams, driving innovation, and influencing decision-making processes.

Desired Skills & Experience

Advanced degree (. Master’s, PhD).

What You Will Be Doing

• Data Management : Oversee the collection, validation, and maintenance of high-quality data inputs necessary for stress testing reporting, including historical data, economic indicators, and internal risk metrics.
• Modeling and Analysis : Utilize advanced quantitative techniques and statistical methods to model the impact of stress scenarios on our limits monitoring reporting, providing insightful analysis and actionable recommendation to senior management and risk committees.
• Regulatory Compliance : Stay abreast of evolving regulatory requirements related to stress testing (. CCAR, DFAST, Basel III), ensuring stress testing practices remain aligned with industry best practices and regulatory expectations.
• Process Enhancement : Continuously assess and enhance stress testing processes, tools, and methodologies to improve efficiency, accuracy, and effectiveness, driving innovation and excellence in risk management practices.
• Cross-Functional Collaboration : Foster strong partnerships with risk management product owners, finance, treasury, and technology product owners to ensure seamless integration of stress testing insights into strategic decision-making processes and risk management framework.

You will receive the following benefits :

• Medical Insurance - Four medical plans to choose from for you and your family
• Dental & Orthodontia Benefits
• Vision Benefits
• Health Savings Account (HSA)
• Health and Dependent Care Flexible Spending Accounts
• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
• Hospital Indemnity Insurance
• 401(k) including match with pre and post-tax options
• Paid Sick Time Leave
• Legal and Identity Protection Plans
• Pre-tax Commuter Benefit
• 529 College Saver Plan
30+ days ago