VP, Marcoeconomic Scenario Design
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.
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
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