Capital Stress Testing Manager Job Listing at Valley Bank in Fairfield, NJ (Job ID 25-361)

Description

Responsibilities include but are not limited to:

• Oversee and manage all aspects of the capital stress testing program including but not limited to governance, policies, procedures, execution, timeline management, modeling, documentation, review & challenge, cross-functional collaborations, process enhancements, model risk validation efforts, internal audit exams, as well as regulatory exams.
• Ensure appropriate documentation is in place to support all aspects of the capital stress testing program including but not limited to policies, procedures, process flow, summary of results, review & challenge packages, model management catalogue, as well as analytical reports as necessary.
• Develop and implement analytical content containing metrics to support scenario selection, material drivers of results, as well as assessment of results.
• Design and produce documentation and presentations to effectively communicate key information to senior management and regulators.
• Lead review & challenge discussions with key stakeholders regarding modeling assumptions, results, implications, potential overlays, as well as justification for overlays.
• Oversee the preparation and consolidation of capital stress test forecasts, key assumptions, exceptions, limitations, mitigants, analytics, and other reporting as necessary.
• Lead ongoing process improvements and optimization efforts including but not limited to the build-out of automated processes to analyze data, trends, and relationships as well as perform sensitivity analysis.
• Ensure appropriate staffing needs are commensurate with the complexity of the capital stress testing program requirements (regulatory or otherwise).
• Build and maintain collaborative relationships with partners in other areas of the bank (risk, accounting, treasury, etc.) to produce enterprise-level scenarios and forecasts.