Vice President, Counterparty Credit Risk, Stress Testing & CCAR

Hw3 Llc; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Hw3 Llc in New York seeks a Vice President to drive counterparty credit risk stress-testing and CCAR workstreams across derivatives and securities financing portfolios. You will analyze stressed exposures, review model outputs, and provide actionable insights to senior management.

The role is an individual contributor position with close collaboration across Front Office, Market Risk, Finance, Enterprise Stress Testing and Quant teams to challenge methodologies and improve reporting quality.

Qualifications

• 7–10+ years in counterparty credit risk or stress-testing.
• Direct CCAR or comparable stress-testing experience.
• Strong knowledge of PFE, EPE, EAD, collateral and netting.

Responsibilities

• Lead counterparty credit risk stress-testing analysis including scenario design and exposure projections.
• Support CCR-related CCAR deliverables with analysis, documentation and management narratives.
• Analyze PFE, EPE and EAD movements across derivatives and securities financing.
• Assess wrong-way risk, concentrations and vulnerabilities under stressed conditions.
• Monitor risk appetite metrics and early-warning indicators.
• Collaborate with quantitative teams to challenge exposure model behavior.
• Prepare reporting for senior management and risk committees with improved data quality.

Skills

Excel

Python

Data visualization

Stakeholder communication

Education

Bachelor's degree in quantitative discipline

Master's degree

CFA

FRM

Tools

Python

Data visualization tools

Job description

HW3 is partnering with a leading global bank seeking a Vice President to join its Counterparty Credit Risk Portfolio Analysis team. This individual will drive stress testing and CCAR workstreams across derivatives and securities financing portfolios, providing analysis and insights into stressed exposures and emerging risks.

This is an individual contributor position with exposure to senior management and close collaboration across Front Office, Market Risk, Finance, Enterprise Stress Testing and Quant teams.

Key Responsibilities

• Lead counterparty credit risk stress-testing analysis, including scenario design, exposure projections and interpretation of key risk drivers.
• Support CCR-related CCAR deliverables, including analysis, documentation and management narratives.
• Analyze PFE, EPE and EAD movements across derivatives and securities financing transactions.
• Assess wrong-way risk, portfolio concentrations and vulnerabilities under stressed conditions.
• Monitor risk appetite metrics, early-warning indicators and threshold breaches.
• Partner with quantitative teams to challenge exposure model behavior and methodology changes.
• Prepare reporting for senior management and risk committees while improving data quality, controls and reporting efficiency.

Qualifications

• 7–10+ years of relevant counterparty credit risk or stress-testing experience, with strong knowledge of derivatives and securities financing exposure analytics.
• Direct experience with CCAR or comparable stress-testing frameworks.
• Strong understanding of PFE, EPE, EAD, collateral, and netting structures.
• Ability to interpret model-driven exposure outputs and clearly communicate findings to senior stakeholders.
• Strong Excel skills and comfort with Python or data visualization tools.
• Bachelor’s degree in a relevant quantitative discipline; a master’s degree, CFA, or FRM is a plus