Head of Dynamic Stress Testing & Risk Strategy

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

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.