Industry: Accounting, Finance & Insurance•
Not Specified years
Posted 31 days ago
The Wholesale Credit Analytics and Solutions team (WCAS) is responsible for implementing key credit risk practices across the wholesale businesses, and ensuring consistency in methodologies within Wholesale Credit Risk. The team works across the Corporate and Investment Bank, Commercial Bank and Asset Management divisions, and is closely aligned with firmwide partners including Reporting, Finance, Model Risk & Development, Technology and the Regulatory Capital Management Office. We seek candidates with background in finance services, and strong analytical, problem-solving, and communication skills. The output of the work performed by WCAS is regularly presented to the Firm's Board of Directors and Operating Committee, and reported to external constituents such as investors and regulators.
The areas of responsibility of WCAS include Traditional Credit Product (TCP) stress testing (CCAR/DFAST/ICAAP) and Basel RWA, developing the Firm's authoritative wholesale credit risk parameter data set, reserve/allowance management, development and implementation of an economic credit capital model, the design and integration of credit and capital limits at the total wholesale and line of business level, risk grading methodology, and the provision of strategic advice and solutions to the originating businesses. WCAS fosters a dynamic work environment and values hard work, discipline, analytical rigor and intellectual curiosity. Mobility opportunities exist for good performers.