Operational Risk Capital Analyst, Vice President

About the position

The Vice President, Operational Risk Capital Analyst plays a crucial role within the Operational Risk Capital, Stress Testing, and Scenario Analysis team. This position is responsible for executing the Comprehensive Capital Analysis and Review (CCAR) stress test for operational risk, conducting internal stress testing and capital adequacy programs, and producing operational risk capital estimates in support of the Advanced Measurement Approach (AMA). The role also involves preparing for the implementation of Basel 3 Endgame requirements and managing the models and scenario analysis methodology that support the ICAAP/ICARA process globally. The incumbent will interact with various stakeholders, including senior management and regulators, to achieve risk measurement and management objectives.

Responsibilities

• Contribute to the quantitative assessment of operational risk including the maintenance and execution of the capital model.
• Collaborate with model development/analytics teams to meet internal and regulatory review, validation, and audit needs.
• Contribute to the execution of various capital stress testing programs including CCAR and internal capital adequacy stress testing.
• Support the model owner for models that contribute to the ICAAP/ICARA process and partner with the model analytics team to develop and maintain these models.
• Develop and maintain the scenario analysis methodology leveraged globally to produce loss estimates for ICAAP/ICARA models.
• Facilitate scenario analysis workshops to derive risk management and measurement value.
• Provide reporting and insights on the Bank's exposure to operational risk, including peer benchmarking.
• Contribute to the preparation of regulatory reporting.
• Enter and validate capital program data for downstream use in Archer, VENA, CME, and other applications.
• Ensure that key processes and controls are thoroughly documented and executed in line with Corporate standards.

Requirements

• Minimum of at least 8 years of experience in financial services; operational risk/finance focus preferred.
• Conceptual thinking skills complemented by a strong qualitative orientation.
• Impeccable written and oral communication skills.
• Prior exposure to scenario analysis, stress testing, regulatory reporting, and operational risk capital.
• Demonstrated experience driving consensus among diverse stakeholders with varying levels of expertise.
• Familiarity with SR 15-18 supervisory expectations for capital planning.
• Detail-oriented with the ability to independently manage and prioritize multiple strategic priorities.
• Strategic thinker with the ability to distill complex information into effective solutions and insights for leaders.
• Ability to quickly analyze the status quo and identify opportunities for continuous improvement or re-engineering.
• Equivalent to a university degree in business, accounting, finance, or related field; additional academic degree (e.g., MBA, doctorate) beneficial but not required.

Benefits

• Tools to help balance professional and personal life.
• Paid volunteer days.
• Access to employee networks for connection and support.