DESCRIPTION:

Duties: Monitor capital metrics against capital risk limits and indicators, and escalate breaches. Ensure accuracy of capital metrics being reported. Perform independent assessment of the firm's capital management activities, including assessment of the firm's internal minimum capital targets and post stress internal minimums, and firm-wide and Line of Business capital allocation results. Perform deep dives impacting firm's capital, including changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and presenting to senior management. Lead projects to enhance risk and leverage based capital metric monitoring. Interact with the key members of capital management, capital P&A, controllers and various support functions. Lead the review of credit risk transfer activities, develop governance and controls, and new firm-wide risk porting. Review CCAR and Risk Appetite stress testing results. Develop methodology for setting internal capital Risk Appetite tolerance. Review Contingency Capital Plan and its annual recalibration, and its integration with the firm-wide capital risk limits and indicators recalibration. Review new business initiatives (NBIA) and Reorganizations and Capital Actions (RCA) from a capital perspective, assessing impact to CET1, GSIB, SCB, leverage exposure, RWA.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Applied Mathematics, Finance, Statistics, Risk Management, Economics, or related field of study plus 5 (Five) years of experience in the job offered or as Capital Risk, AVP Capital Manager/Analyst, AVP Stress Testing Specialist, Data Scientist, or related occupation. The employer will alternatively accept a Bachelor's degree in Applied Mathematics, Finance, Statistics, Risk Management, Economics, or related field of study plus 7 (Seven) years of experience in the job offered or as Capital Risk, AVP Capital Manager/Analyst, AVP Stress Testing Specialist, Data Scientist, or related occupation.

Skills Required: This position requires 5 years of experience with the following: technologies and tools including Microsoft Office Suite (Excel, PowerPoint, Outlook) and Automation; and Statistical concepts, including variance, standard deviation, and normal distribution. This position requires 4 years of experience with the following: US Basel capital rules, including FRB and OCC rule implementation (CET1 capital, Tier 1, Tier 2, Total Capital, Standardized and Advanced measures, TLAC, SLR, and Sub Debt); Overall capital contingency framework (CCP); RWA calculation (standardized and advanced) methodology across asset classes, including loans and commitments, and AFS/HTM; Regulatory filings for banks; Capital forecasting, including projections of RWA, CET1 capital, Tier 1 capital, and Tier 2 capital; Peer bank analysis on capital; and CCAR/DFAST stress testing framework for banks.  

Job Location: 4 Chase Metrotech Center, Brooklyn, NY 11245.

Full-Time. Salary:  $169,744 - $209,000 per year.