Director, CCR Stress Testing Product Management & CCAR Reporting 8368

Hwthree; New York (NY); On-site; USD 180,000 - 250,000; Full time

Job summary

Hwthree is seeking a Director for CCR Stress Testing Product Management & CCAR Reporting in New York. You will lead the development of stress‑testing capabilities and oversee CCAR reporting processes across Risk, Finance, Technology, Model Development and Front Office teams.

The role requires at least 10 years in counterparty credit risk and stress testing, with hands‑on CCAR/FR Y‑14 experience, strong analytical skills and a track record delivering risk applications or major enhancements.

Qualifications

• Bachelor's degree required in a quantitative field or related discipline.
• Proven experience delivering CCAR/FR Y-14 Counterparty reporting.
• Strong analytical skills and ability to translate risk into actionable requirements.

Responsibilities

• Set priorities and guide development of a platform for counterparty stress testing and regulatory capital exercises.
• Translate risk and reporting requirements into business specifications with tech and modelling teams.
• Oversee FR Y-14 Counterparty reporting and ensure submissions are complete and accurate.
• Maintain reporting controls including data reconciliation, governance and attestations.
• Explain exposure movements and analyses to senior management and committees.

Skills

Counterparty credit risk

Stress testing

Regulatory reporting

CCAR / FR Y-14

Stakeholder coordination

Risk analytics

Data quality

Education

Bachelor's degree in Finance, Economics, Mathematics or Engineering

Job description

Director, CCR Stress Testing Product Management & CCAR Reporting 8368

We are partnered with a global financial institution is seeking an experienced counterparty credit risk professional to lead the development of its stress-testing capabilities and oversee associated regulatory reporting.

The position combines responsibility for a risk analytics platform with ownership of counterparty reporting processes. You will work across Risk, Finance, Technology, Model Development and Front Office teams to improve how exposure data is calculated, reviewed and reported.

Key responsibilities

• Set priorities and guide the development of a platform supporting ongoing counterparty stress testing and regulatory capital exercises.
• Translate risk and reporting requirements into business specifications, working with technology and modelling teams through design and delivery.
• Apply knowledge of derivatives, securities financing transactions, potential future exposure and stressed exposure to assess requirements and interpret results.
• Oversee FR Y-14 Counterparty reporting, including the review of exposure measures and the completeness and accuracy of submissions.
• Maintain reporting controls covering data reconciliation, validation, governance and stakeholder attestations.
• Investigate reporting exceptions, identify underlying causes and coordinate corrective action.
• Improve data quality, reporting processes and application functionality.
• Explain exposure movements and analytical findings to senior management and relevant committees.
• Maintain supporting documentation and respond to regulatory queries, internal reviews and audits.

Experience and qualifications

• At least 10 years of relevant experience across counterparty credit risk and stress testing.
• Strong understanding of derivatives and securities financing transactions, including the factors driving counterparty exposures.
• Hands-on experience with CCAR and FR Y-14 Counterparty reporting.
• Experience managing reporting controls, reconciliations, validation and attestations.
• A record of delivering risk applications or significant enhancements, including requirements definition and prioritization.
• Strong analytical skills and the ability to interpret exposure model outputs.
• Experience coordinating stakeholders across risk, finance, technology, modelling and trading functions.
• A bachelor's degree in finance, economics, mathematics, engineering or a related discipline. An advanced degree or relevant professional qualification would be advantageous.