VP, Marcoeconomic Scenario Design

Selby Jennings; New York (NY); On-site; USD 165,000 - 195,000; Full time

Job summary

A tier-1 bank seeks a Vice President to develop and expand macroeconomic models for regulatory stress testing and credit loss provisioning in New York. This role is crucial for CCAR/DFAST and CECL/IFRS9 compliance, emphasizing automation and model governance. Ideal candidates will possess advanced skills in Python and SQL, along with at least 5 years in banking-related macroeconomic modeling. Competitive compensation along with hybrid work flexibility is provided.

Qualifications

• 5+ years in macroeconomic modeling or stress testing within banking or regulatory environments.
• Experience with modern data platforms.

Responsibilities

• Design and validate macroeconomic forecasting models and scenario engines.
• Build frameworks to map scenarios to portfolio risk factors for stress testing and provisioning.
• Automate data ingestion, model runs, and reporting processes for scalability.
• Prepare regulatory documentation and respond to examiner feedback.

Skills

Advanced proficiency in Python

Advanced proficiency in SQL

Strong communication skills

Project management skills

Education

Master’s or PhD in Economics, Econometrics, Statistics, or related field

Job description

1 day ago Be among the first 25 applicants. This range is provided by Selby Jennings. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Credit, Risk, and Decision Sciences Consultant

A tier-1 bank is seeking a Vice President to lead the development and expansion of macroeconomic models and scenario frameworks for regulatory stress testing and credit loss provisioning. This role is critical to CCAR/DFAST and CECL/IFRS9 processes, ensuring robust forecasting and compliance. You will design and implement macroeconomic drivers, scenario mapping, and forecasting models that support capital planning and risk management. The position involves integrating advanced tools into stress‑testing workflows, driving automation, and ensuring strong model governance. You will collaborate with cross‑functional teams and present technical results to senior leadership. Competitive compensation, hybrid work flexibility, and a comprehensive benefits package are offered.

Base pay range

$165,000.00/yr – $195,000.00/yr

Responsibilities

• Design and validate macroeconomic forecasting models and scenario engines
• Build frameworks to map scenarios to portfolio risk factors for stress testing and provisioning
• Automate data ingestion, model runs, and reporting processes for scalability
• Prepare regulatory documentation and respond to examiner feedback

Requirements

• Master’s or PhD in Economics, Econometrics, Statistics, or related field
• 5+ years in macroeconomic modeling or stress testing within banking or regulatory environments
• Advanced proficiency in Python and SQL; experience with modern data platforms
• Strong communication and project management skills in a deadline‑driven setting

Seniority level: Mid‑Senior level

Employment type: Full‑time

Job function: Finance

Location: New York, NY

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