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Scenario Expansion Director - Tier 1 Bank - London

Job Title: Scenario Expansion Director - Tier 1 Bank - London
Contract Type: Permanent
Location: London, England
Industry: financial services
Salary: £135000 - £155000 per annum
REF: BBBH20737_1549390736
Contact Name: George Marks
Job Published: 12 days ago

Job Description

Twenty Financial Services are searching for an Economic Scenario Development Director for a new mandate with a Tier 1 Bank in London.

The main responsibility for the position will be to develop economic scenarios for the Bank of England stress tests & IFRS9

Responsibilities:

  • Lead on economic scenario generation and expansion within capital risk
  • Take ownership of the models working alongside quantitative development and the validation teams
  • Analyse macroeconomic factors, trading book & banking book exposures
  • Liaise with senior internal stakeholders and regulators providing submissions on economic scenarios
  • Lead and develop a small team supporting on the above activities

Skills required:

  • Economic scenario development/expansion/generation experience
  • Strong understanding of IFRS9 calculation
  • Extensive quantitative and economics/econometrics background
  • Thorough understanding of the macro markets