VP Enterprise Stress Testing & Scenario Design Lead

Madison-Davis; New York (NY); Hybrid; USD 155,000 - 195,000; Full time

Job summary

Madison-Davis, LLC seeks a VP to lead enterprise stress testing and scenario design for the Americas. This role owns macroeconomic forecast development, scenario narratives, and governance of the design process, coordinating across Risk, Finance, and Front Office.

You will align methodologies with US regulatory expectations (CCAR, SR guidance) and regulators. The candidate should bring 10+ years in large banks, strong communication, and the gravitas to drive strategic discussions with senior

Qualifications

• 10+ years at a large financial institution in stress testing or scenario design.
• Deep macroeconomic expertise used to develop enterprise-wide CCAR scenarios.
• Strong regulatory fluency and ability to discuss with regulators.

Responsibilities

• Develop macroeconomic forecasts for enterprise stress scenarios including CCAR and capital stress testing.
• Coordinate with risk stripes to ensure consistency across forecasts and shocks.
• Develop scenario narratives that articulate economic drivers, assumptions and risk impacts.
• Own the scenario design policy and lead the scenario design working group with senior stakeholders.
• Maintain inventory of approved enterprise scenarios and link to risk taxonomy and vulnerabilities.
• Partner with Risk Technology to build a centralized scenario capability for downstream use.
• Ensure design processes support capital adequacy assessment and SR guidance alignment.
• Communicate results and methodologies to senior management and regulators.

Skills

Macroeconomic forecasting

CCAR execution

Regulatory fluency (US)

Stakeholder leadership

Enterprise risk management

Scenario design leadership

Tools

Risk technology platform

Job description

Title: VP Enterprise Stress Testing & Scenario Design Lead

Office Status: Hybrid New York, NY

Base Salary: $155k $195k + Discretionary Bonus

ABOUT THE ROLE

This Vice President opportunity sits within the Enterprise Risk Management function of a well-established global financial institution, offering enterprise-wide leadership of scenario design for the Americas Division including the development, governance, and execution of enterprise stress tests and CCAR. The role carries genuine program ownership developing macroeconomic forecasts, authoring scenario narratives, managing the scenario design working group with senior stakeholders across Risk, Finance, and Front Office, and ensuring scenario methodologies align with US regulatory expectations, the firm s risk taxonomy, and SMBC Group standards. It s the right seat for a seasoned stress testing and scenario design professional with 10+ years of experience at a large financial institution who combines deep macroeconomic expertise with demonstrated CCAR execution experience, strong regulatory fluency, and the gravitas to lead strategic discussions with senior internal stakeholders and regulators.

RESPONSIBILITIES

• Develop macroeconomic forecasts for enterprise stress scenarios covering CCAR and capital stress testing, risk appetite frameworks, and ad-hoc and rapid stress testing exercises
• Coordinate with risk stripes to drive consistency across macroeconomic forecasts and idiosyncratic market shocks for trading portfolios
• Develop scenario narratives that clearly articulate economic drivers, key assumptions, and risk impacts across banking and trading portfolios
• Own the scenario design policy and manage the scenario design working group comprising senior stakeholders from Risk, Finance, and Front Office
• Maintain an inventory of approved enterprise scenarios and associated use cases;ensure linkage between enterprise scenarios and the firm s risk taxonomy, material risks, vulnerabilities, concentrations, and emerging risk inventory
• Partner with Risk Technology to build a centralized scenario capability housing all internal scenarios for downstream use across capital planning, risk appetite, and stress testing functions
• Ensure scenario design processes support effective capital adequacy assessment and strategic decision-making in alignment with US regulatory expectations including CCAR and capital planning guidance under SR 12-7 and SR 15-19
• Communicate scenario results and methodologies to senior management and regulators with clarity and authority