Vice President, Enterprise Scenario Design

Michael Page; New York (NY); On-site; USD 155,000 - 195,000; Full time

Job summary

MPI seeks a Vice President of Enterprise Scenario Design to lead the governance and execution of enterprise-wide stress testing scenarios in New York. You will partner across risk, finance, technology, and front office to strengthen capital planning and risk management.

The role requires 10+ years of experience in stress testing and scenario design, deep macroeconomic risk understanding, and strong leadership to coordinate senior stakeholders and regulators.

Qualifications

• Bachelor's degree in Finance, Economics, or related discipline; advanced degree preferred.
• 10+ years of experience in stress testing, scenario design, capital planning, risk management, economics, or quantitative analytics.
• Deep understanding of macroeconomic risks and their impact on banking and trading portfolios.
• Experience designing scenarios for CCAR and enterprise stress testing programs.
• Strong knowledge of U.S. regulatory expectations related to capital planning and stress testing.
• Exceptional communication, stakeholder management, and leadership skills.

Responsibilities

• Lead the design and governance of enterprise stress testing scenarios, including capital stress testing and risk appetite assessments.
• Develop macroeconomic forecasts, scenario narratives, and risk assumptions.
• Coordinate with risk teams to align macroeconomic scenarios and market shock assumptions.
• Own the enterprise scenario design policy and manage senior stakeholder working groups.
• Maintain the inventory of approved enterprise scenarios and use cases.
• Connect scenario design to material risks, concentrations, vulnerabilities, and emerging risks.
• Partner with technology teams to enhance enterprise scenario management capabilities.
• Present scenario methodologies and results to senior management and regulators.

Skills

Leadership

Stakeholder management

CCAR design

Macroeconomic risk

Regulatory knowledge

Quantitative analytics

Stress testing

Education

Bachelor's degree in Finance or Economics

Advanced degree preferred

Job description

The Vice President, Enterprise Scenario Design will lead the development, governance, and execution of enterprise-wide stress testing scenarios. This role will partner across risk, finance, technology, and front office teams to strengthen capital planning, risk management, and strategic decision-making.

A company operating in the financial services industry located in New York.

Description

• Lead the design and governance of enterprise stress testing scenarios, including capital stress testing and risk appetite assessments.
• Develop macroeconomic forecasts, scenario narratives, and risk assumptions.
• Coordinate with risk teams to align macroeconomic scenarios and market shock assumptions.
• Own the enterprise scenario design policy and manage senior stakeholder working groups.
• Maintain the inventory of approved enterprise scenarios and use cases.
• Connect scenario design to material risks, concentrations, vulnerabilities, and emerging risks.
• Partner with technology teams to enhance enterprise scenario management capabilities.
• Present scenario methodologies and results to senior management and regulators.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Profile

• Bachelor's degree in Finance, Economics, or a related discipline. Advanced degree preferred.
• 10+ years of experience in stress testing, scenario design, capital planning, risk management, economics, or quantitative analytics.
• Deep understanding of macroeconomic risks and their impact on banking and trading portfolios.
• Experience designing scenarios for CCAR and enterprise stress testing programs.
• Strong knowledge of U.S. regulatory expectations related to capital planning and stress testing.
• Exceptional communication, stakeholder management, and leadership skills

Job Offer

• Competitive salary ranging from $155,000 to $195,000 annually.
• Comprehensive benefits package.

Desired Skills and Experience

• Bachelor's degree in Finance, Economics, or a related discipline. Advanced degree preferred.
• 10+ years of experience in stress testing, scenario design, capital planning, risk management, economics, or quantitative analytics.
• Deep understanding of macroeconomic risks and their impact on banking and trading portfolios.
• Experience designing scenarios for CCAR and enterprise stress testing programs.
• Strong knowledge of U.S. regulatory expectations related to capital planning and stress testing.
• Exceptional communication, stakeholder management, and leadership skills

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.