Director, Dynamic Stress Testing

BNY; New York (NY); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Competitive compensation

401(k) plan

Medical, dental, vision, and life ins.

Paid time off and volunteer time

Job summary

BNY Mellon is seeking a Director, Dynamic Stress Testing to lead the development and delivery of the firm’s dynamic stress testing framework across risk and treasury disciplines. You will shape scenarios, challenge core assumptions, and connect modelling outputs to strategic decisions for senior management.

You will partner with risk, treasury, forecasting, and country risk teams, driving enterprise-wide stress testing and governance.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Risk Management, or a related discipline.
• Advanced degree preferred.
• Significant experience in stress testing, treasury, risk management, credit loss modelling, portfolio analytics, balance sheet management, or related quantitative risk disciplines.
• Strong understanding of stress testing frameworks, scenario design, macroeconomic drivers, and loss modelling concepts.
• Experience leading cross-functional initiatives in a complex, matrixed organization.
• Strong executive presence and ability to communicate complex quantitative topics to senior stakeholders.
• Excellent written and verbal communication skills with ability to translate analytics into business insight.

Responsibilities

• Lead end-to-end delivery of dynamic stress testing across multiple risk and treasury workstreams.
• Partner with risk, treasury, forecasting, and country risk stakeholders to integrate inputs.
• Challenge and evaluate core loss modelling elements used in stress testing.
• Incorporate funding, liquidity, balance sheet, and capital considerations into scenarios.
• Refine macroeconomic scenarios, narratives, and assumptions for portfolio stress outcomes.
• Incorporate geopolitical considerations into scenario development and results assessment.
• Identify interdependencies across workstreams and ensure alignment of key assumptions and outputs.
• Drive credible challenge of stress testing results and interpretation of uncertainties.
• Synthesize quantitative analysis and qualitative judgment into actionable insights for senior management.
• Contribute to enhancement of methodologies, governance standards, and decision-support frameworks.
• Serve as senior thought partner to Head of Dynamic Stress Testing on strategy and framework evolution.

Skills

Analytical judgment

Executive presence

Clear communication

Cross-functional leadership

Senior stakeholder engagement

Education

Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Risk Management

Advanced degree preferred

Job description

Job Description

Director, Dynamic Stress Testing will play a critical leadership role in shaping and delivering BNY’s dynamic stress testing framework across multiple risk disciplines. This individual will work closely with risk modelling, economic forecasting, treasury, and country risk teams to develop and challenge scenarios, assess key assumptions, and evaluate core components of loss modelling. The role requires strong analytical judgment, enterprise leadership, and the ability to connect complex modelling outputs to business implications, strategic decision-making, and senior management dialogue.

This is a highly visible role for a leader who can bring together diverse perspectives across risk and treasury, challenge conventional thinking, and help ensure stress testing outputs are robust, credible, and decision-useful.

Key Responsibilities

• Lead the end-to-end delivery of dynamic stress testing across multiple risk and treasury workstreams, ensuring consistency, rigor, and high-quality execution.
• Partner with credit risk, loss modelling, treasury, economic forecasting, and country risk stakeholders to integrate key inputs into a cohesive stress testing framework.
• Challenge and evaluate core elements of loss modelling methodologies, assumptions, and outputs used in stress testing.
• Collaborate with treasury partners to incorporate funding, liquidity, balance sheet, and capital considerations into scenario design and stress testing interpretation.
• Work with economic forecasting teams to refine macroeconomic scenarios, narratives, and assumptions that inform portfolio and enterprise stress outcomes.
• Partner with country risk teams to incorporate geopolitical, sovereign, and regional considerations into scenario development and results assessment.
• Identify interdependencies across workstreams and ensure alignment of key assumptions, methodologies, and outputs.
• Drive thoughtful review and credible challenge of stress testing results, including interpretation of impacts, limitations, and areas of uncertainty.
• Synthesize quantitative analysis and qualitative judgment into clear, actionable insights for senior management and governance audiences.
• Contribute to the ongoing enhancement of stress testing methodologies, governance standards, and decision-support frameworks.
• Serve as a senior thought partner to the Head of Dynamic Stress Testing on strategic direction, emerging risks, and framework evolution.

Required Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Risk Management, or a related discipline; advanced degree preferred.
• Significant experience in stress testing, treasury, risk management, credit loss modelling, portfolio analytics, balance sheet management, or related quantitative risk disciplines.
• Strong understanding of stress testing frameworks, scenario design, macroeconomic drivers, and loss modelling concepts.
• Meaningful experience in Treasury or in roles requiring close partnership with Treasury, with strong understanding of balance sheet, liquidity, funding, and capital considerations.
• Demonstrated ability to assess and challenge modelling assumptions, methodologies, and outputs with sound analytical judgment.
• Experience leading cross-functional initiatives in a complex, matrixed organization.
• Strong executive presence and the ability to communicate complex quantitative topics clearly to senior stakeholders.
• Excellent written and verbal communication skills, with the ability to translate analytics into business-relevant insight.

Preferred Qualifications

• Experience in enterprise stress testing, regulatory stress testing, capital planning, balance sheet forecasting, or recovery and resolution analysis.
• Familiarity with country risk, sovereign risk, or macroeconomic scenario development.
• Experience presenting to senior risk leadership, treasury leadership, or governance committees.
• Strong knowledge of risk modelling frameworks, controls, and governance expectations.

About The Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn.

Here’s a Few Of Our Recent Awards

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

Our Benefits And Rewards

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.