Market Risk, Stress Testing and Scenario Design

Jobtailor; Connecticut; On-site; USD 120,000 - 210,000; Full time

Job summary

Jobtailor is seeking a senior Market Risk Stress Testing expert in Connecticut to help strengthen our regulatory framework and analytical capabilities. You will design and govern GMS and CCST scenarios, calibrate market shock methods, and translate market developments into actionable risk assessments across asset classes.

The role requires deep quantitative skills, collaboration with risk, trading, finance teams, and regular communication with regulators and senior stakeholders.

Qualifications

• Strong quantitative and analytical capabilities.
• Deep understanding of global financial markets and risk-factor relationships.
• Ability to communicate data-driven conclusions to senior stakeholders.
• Master's degree or PhD in Finance, Economics, Financial Engineering, Mathematics, Statistics, Physics, or related quantitative discipline.
• 5+ years of experience in market risk, stress testing, or related disciplines.
• Expertise in designing and reviewing regulatory stress-testing frameworks (GMS, CCST, CCAR).

Responsibilities

• Contribute to the firm's regulatory stress-testing framework.
• Design, govern, and evolve GMS and CCST scenarios across asset classes.
• Develop and calibrate market shock methodologies across thousands of risk factors.
• Translate market developments into stress scenarios and loss assessments.
• Develop tools, models, dashboards, and visualization solutions.
• Present methodologies and results to senior management, risk committees, auditors, and regulators.
• Collaborate with Market Risk, Trading, Treasury, and Model Risk Management.
• Support regulatory examinations and internal governance reviews.

Skills

Python

Market risk

Stress testing

Scenario design

Regulatory frameworks

Communication with stakeholders

Education

Master's degree or PhD in Finance, Economics, Financial Engineering, Mathematics, Statistics, Physics, or a related quantitative discipline

Tools

Dashboards

Visualization Solutions

Job description

Responsibilities

• Serve as a key contributor to the firm's regulatory stress-testing framework
• Design, govern, and evolve Global Market Shock (GMS) and Counterparty Credit Stress Testing (CCST) scenarios
• Develop scenarios covering interest rates, credit spreads, equities, foreign exchange, commodities, and volatility markets
• Identify emerging risks and assess portfolio vulnerabilities
• Translate market developments into stress scenarios and loss assessments
• Develop and calibrate market shock methodologies across thousands of risk factors
• Apply quantitative analysis, historical market research, and expert judgment to evaluate scenario severity and benchmark assumptions
• Partner with Market Risk, Trading, Treasury, Counterparty Credit Risk, Finance, Model Risk Management, Regulatory Assurance, and senior stakeholders
• Develop innovative tools, models, dashboards, and visualization solutions
• Support regulatory examinations, model governance reviews, and internal oversight activities
• Present methodologies, analyses, and scenario results to senior management, risk committees, auditors, and regulators
• Serve as a subject matter expert on market stress testing, cross-asset market dynamics, regulatory developments, and emerging risks

Requirements

• Deep understanding of global financial markets and relationships between risk factors across asset classes
• Strong quantitative and analytical capabilities
• Ability to exercise sound judgment in ambiguous situations and form data-driven conclusions
• Confidence engaging with senior stakeholders and constructively challenging assumptions
• Strong communication and presentation skills
• Master's degree or PhD in Finance, Economics, Financial Engineering, Mathematics, Statistics, Physics, or a related quantitative discipline
• 5+ years of experience in market risk, stress testing, quantitative analytics, financial market modeling, scenario design, or related disciplines
• Expertise in designing, calibrating, executing, or independently reviewing GMS, CCST, CCAR, or related regulatory stress-testing frameworks
• Understanding of market risk regulatory frameworks, including Basel market risk requirements, FRTB, trading book stress testing, and counterparty credit risk
• Experience developing quantitative methodologies for stress testing, scenario design, risk-factor calibration, or market risk analytics
• Experience engaging with regulators, model risk management, internal audit teams, and governance committees
• Ability to communicate complex quantitative concepts to technical and non-technical audiences
• Strong programming and data analysis skills using Python or similar languages
• Experience with advanced analytics, automation, or AI-enabled tools is a plus

Demonstrates expertise in market risk analysis, regulatory stress testing, and quantitative methodologies, with a strong ability to communicate complex concepts to diverse stakeholders. Proficient in developing and calibrating stress-testing frameworks and innovative analytical tools to assess portfolio vulnerabilities and emerging risks.

Highest-signal resume keywords

• Market Risk Analysis
• Regulatory Stress Testing
• Quantitative Methodologies
• Python Programming
• Scenario Design

Hard Skills

• Quantitative Analysis
• Market Shock Methodologies
• Risk Factor Calibration
• Financial Market Modeling
• Stress Testing Frameworks
• Data-Driven Decision Making
• Scenario Development
• Advanced Analytics
• Automation Tools
• AI-Enabled Tools

Soft Skills

• Strong Communication Skills
• Analytical Capabilities
• Judgment in Ambiguous Situations
• Engagement with Senior Stakeholders
• Presentation Skills

Industry Keywords

• Global Financial Markets
• Counterparty Credit Risk
• Basel Market Risk Requirements
• FRTB
• Trading Book Stress Testing
• Model Risk Management
• Regulatory Assurance
• Internal Audit
• Governance Committees
• Emerging Risks

Tools & Technologies

• Dashboards
• Visualization Solutions