Retail Franchise Risk Oversight 2nd LOD Sr. Lead Analyst, Senior Vice President
About The Position
The Franchise Risk Oversight function in Retail Independent Risk provides oversight and effective review and challenge of Enterprise Stress Testing, Risk Appetite and Limit Setting, and Concentration Risk. The Senior Vice President, Stress Testing, Risk Appetite and Limits, will provide oversight of Enterprise Stress Testing and help implement the Risk Appetite Framework (RAF) processes globally across Retail businesses. The role collaborates with stakeholders across the first and second lines—including Business, Risk, and Finance—and Enterprise Risk Management to help manage the firm’s capital and adherence to its RAF.
Requirements
- At least 10 years of Retail Credit risk management or related analytical or technical experience.
- Strong interpersonal, relationship-management, and influence skills.
- Experience interpreting regulatory guidance and working with regulators.
- Experience in Consumer or Wealth Management Credit Risk management.
- Experience in Consumer or Wealth Management Risk Analytics and Reporting.
- Experience managing policy governance and control requirements.
- Experience with Capital Analysis and Stress Testing Loss Forecasting, such as CCAR or CECL.
- Excellent written and verbal communication skills, including the ability to independently prepare executive-level presentations and communicate complex concepts to a wide range of stakeholders.
- Strong analytical skills and ability to understand and solve complex problems through practical analyses that enable optimal decision-making.
- Fundamental skills in programming, data extraction and manipulation, and AI applications.
- Attention to detail, intellectual curiosity, and a strong sense of ownership.
Responsibilities
- Develop guidelines and coordinate business activities to enhance and evolve the Risk Appetite Framework, including its taxonomy, statements, metrics, and assessments, consistent with the Enterprise-wide Risk Governance Framework.
- Manage oversight, review, and challenge of Retail Credit Risk metrics setting and monitoring, including limits and Concentration Risk, and of Stress Testing processes, methodologies, and outcomes, ensuring alignment with Enterprise policies and governance requirements.
- Lead efforts to update governance related to new or enhanced Enterprise policies and processes in partnership with Enterprise Risk Management and first-line teams.
- Manage reporting and communications to key stakeholders in second- and first-line Retail teams and Enterprise Risk Management.
- Independently analyze and challenge in-business outcomes related to Risk Appetite, Limits, and Stress Testing.
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- 401(k)
- Life insurance
- Accident insurance
- Disability insurance
- Wellness programs
- Paid time off, including vacation and sick leave
- Paid holidays
- Eligible employees may receive discretionary and formulaic incentive and retention awards
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
