Director – Counterparty Credit Risk Stress Testing & CCAR Reporting

Madison-Davis, LLC; New York (NY); Hybrid; USD 178,000 - 231,000; Full time

Job summary

Madison-Davis, LLC is seeking a Director-level professional to lead Counterparty Credit Risk (CCR) Stress Testing and CCAR reporting in a hybrid New York office. The role blends product management ownership of the CCR stress testing application with end-to-end FR Y-14 Counterparty Schedule reporting accountability.

With 10+ years of CCR and stress testing experience, you will define the roadmap, requirements, and delivery, drive data quality controls, and coordinate with Risk, Finance, Model

Qualifications

• 10+ years in CCR/stress testing roles.
• Experience delivering CCR stress testing & CCAR reporting.
• Ability to translate complex risk into executive insights.

Responsibilities

• Own CCR stress testing product roadmap for BAU and CCAR.
• Collaborate with CCR, Model Development and Tech to define requirements.
• Drive data quality and process improvements aligned with regulatory expectations.
• Oversee delivery progress, dependencies and risk management.
• Own CCAR FR Y-14 Counterparty Schedule reporting process; ensure accuracy and timely submissions.
• Coordinate with Risk, Finance and Tech to deliver reporting capabilities.
• Maintain reporting controls, reconciliations, governance and attestations.
• Support regulatory inquiries, internal reviews and audits.

Skills

CCR Stress Testing

Product Management

Regulatory Reporting

Stakeholder Engagement

Derivatives exposure metrics

Job description

Title: Director – Counterparty Credit Risk Stress Testing & CCAR Reporting

Office Status: Hybrid – New York, NY

Base Salary: $178k – $231k + Discretionary Bonus

Overview:

This Director-level opportunity sits within the Counterparty Credit Risk function of a well-established global financial institution, offering dual ownership of CCR stress testing product management and the end-to-end CCAR FR Y-14 Counterparty Schedule reporting framework. The role combines strategic product ownership — driving the roadmap, requirements, and delivery of the CCR stress testing application supporting CCAR and BAU stress testing — with rigorous regulatory reporting accountability including implementation, controls, reconciliations, and timely submission of FR Y-14 Counterparty Schedule reports. Working closely with CCR, Enterprise Stress Testing, Finance, Market Risk, Model Development, and Front Office stakeholders, this is the right seat for a seasoned CCR and stress testing professional with 10+ years of experience who combines deep knowledge of derivatives and SFT exposure metrics with proven product ownership capabilities and the quantitative fluency to translate complex risk analytics into clear, actionable insights for senior management and regulators.

Key Responsibilities:

CCR Stress Testing Product Management:

• Own the product strategy, roadmap, and prioritization for the CCR stress testing application supporting BAU stress testing and CCAR; apply strong knowledge of CCR products including Securities Financing Transactions and derivatives and key exposure metrics including PFE and Stressed Exposure
• Partner with CCR stakeholders, Model Development, and Technology to define business requirements, oversee solution design, and drive delivery of a scalable stress testing application
• Own the continuous improvement agenda for stress testing processes, data quality, and application capabilities; ensure application enhancements align with CCR business needs, regulatory expectations, and the broader technology strategy
• Oversee delivery progress; manage dependencies and risks; ensure solutions meet agreed requirements and timelines

CCAR Reporting:

• Own the end-to-end CCAR FR Y-14 Counterparty Schedule reporting process; ensure accurate, complete, and timely submissions; review and attest to the accuracy and completeness of all measures and exposures included in the schedule
• Lead the implementation and integration of FR Y-14 Counterparty Schedule requirements; coordinate with Risk, Finance, and Technology teams to deliver reporting capabilities
• Own the reporting framework including data reconciliations, validation controls, governance, and stakeholder attestations; manage reporting issues and exceptions; drive root-cause analysis and coordinate remediation with relevant stakeholders
• Maintain reporting documentation and support regulatory inquiries, internal reviews, and audits related to the FR Y-14 Counterparty Schedule