Stress Testing and Scenario Design Associate

Minimum of 4 years of related experience
Bachelor’s degree in economics, finance, data science preferred or equivalent experience
Knowledge and experience with stress-testing, scenario analysis and back-testing of margin models

Identify the macroeconomic variables that are most likely to trigger stress in financial institutions and maintain the risk inventory.
Monitor market conditions and economic trends to anticipate potential risks and impact on the stress scenario inventory.
Design market risk and liquidity risk stress scenarios considering macroeconomic conditions and risks to DTCC.
Performs day-to-day functions contained in the procedures such as monitoring stress-testing systems, analyzing stress-testing results, tracking trading patterns of member firms, etc.
Develop a strong understanding of clients’ business and risk profiles to aid the development of stress scenarios and to serve as a point of contact for risk related support and inquiries.
Mitigates risk by following established procedures, identifying and calling out emerging risks, and demonstrating strong ethical behavior.
Collaborates with cross-functional teams including Counterparty Credit Risk, Market Risk, Operations, Treasury, Quantitative Risk, and Relationship Management to bolster risk management practices.
Collaborates with business analysts, developers, and quality assurance testers to improve risk management systems.
Educate clients on risk management tools and initiatives.

Fosters a culture where honesty and transparency are expected.
Stays current on changes in their own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
Collaborates well within and across teams.
Communicates openly with team members and others.
Resolves disagreements between colleagues effectively, minimizing the impact on the wider team.