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Stress Testing Manager

  • Location: Leeds
  • Salary: Up to £105,000 per year
  • Job Type:Permanent

Posted 5 months ago

  • Sector: Credit Risk & Analytics
  • Contact: Nuhaa Mohamed
  • Contact Email: nmohamed@merje.com
  • Contact Phone: 0161 883 2762
  • Expiry Date: 22 August 2024
  • Job Ref: NM/11971

Stress Testing Manager- Leeds (Hybrid)- Up to £105K + great benefits

As our Stress Testing Senior Manager, you'll have the unique opportunity to shape and grow the stress testing team and capabilities at a time of pivotal growth and development for the business.

This role will lead the creation of the first bespoke Stress Testing team within the business. You will be responsible for the BAU stress testing processes (including those that support the planning/forecasting and Pillar 2B section of the ICAAP), as well as leading the development of the skills, capabilities and infrastructures that will make sure we have a stress testing capability that is fit for the future.

Key Responsibilities: 

  • Lead the stress testing management function including owning the stress testing framework and associated processes, policies and controls
  • Ensure that the business has the stress testing capability of a Category 1 firm (including ACS and BES) - This will include defining, developer and delivering the priorities and plans for the team
  • Be accountable for having appropriates processes, controls and capabilities to support robust stress testing
  • Engage key stakeholders such as the Board, Group Risk Committee, Executive Risk Committee, and ALCO - you'll ensure stress tests are being appropriately utilised in strategic decision making
  • Own all aspects of the end-to-end stress testing processes

Key Requirements:

  • Expert knowledge of stress testing within a banking institution
  • Strong understanding of the Bank of England's stress testing regime, including the Annual Concurrent Stress test (ACS) and Biennial Exploratory Scenarios (BES)
  • Excellent understanding of efficient process and control embedding and management
  • Knowledge of the broader Balance Sheet Management discipline including, capital, market and liquidity risk management

 

Send your CV to nmohamed@merje.com

 

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