Stress Testing Associate

Tasks

• Closer collaboration with the Stress Testing Group (STG) and Model Validation as part of the Stress Testing Framework.
• Development and regular updating of prototype models in the area of counterparty credit risk.
• Implementation of stress testing models into strategic risk reporting (including technical documentation).
• Role as a subject matter expert for the stress testing model group/function and as the primary point of contact for compliance matters.
• Work on the stress testing guidelines and conduct company-wide analyses.
• Development of strategic tools for stress testing models using Python and other programming languages.
• Participation in the periodic inspection and calibration of models.
• Provide the necessary support to the Model Validation Group and the audit team as changes occur on an ongoing basis.
• Compliance with all governance requirements, as set forth in the relevant policies and procedures.

Requirements

• Experience in market risk or credit risk, with a strong understanding of risk management.
• A very good understanding and mastery of mathematical concepts.
• Knowledge of Monte Carlo methods.
• Ability to present complex concepts in a simple and engaging manner, both in writing and when communicating with internal stakeholders and regulatory authorities.
• Strong analytical skills – Comfortable in a technical role that involves independent problem-solving and analytical skills.
• Team Player – Building positive, cooperative relationships; leading and influencing others to achieve common goals; effective communication.
• Entrepreneurial spirit—initiative, a positive attitude, and a willingness to work hard to be part of a growing business.
• Learning and Growth – Willingness to learn and be coached; creativity, the ability to develop new techniques, and self-directed learning.
• Interest in further developing and strengthening capital and stress modeling—understanding of financial models and high-performance computing (HPC).
• Inspiring a Spirit of Entrepreneurship in People: Encouraging team members to actively increase productivity.
• Enhancing Organizational Competence: Proactive Engagement in Development.
• Inclusion: Upholding DEI principles, fostering a culture of inclusion and psychological safety, and welcoming diverse perspectives and experiences (challenging, escalating, and respecting).