Lead Analyst, Balance Sheet Analyst & Stress Test Modeller
Role: Balance Sheet and P&L Stress Test Modeller - Group Finance Capital and Liquidity Management
This role reports directly to the Manager - Stress Testing seated within the Group Finance Capital and Liquidity team. The successful candidate for this position will play a key role in supporting the development, maintenance, enhancement, and execution of the stress test models in relation to the Balance Sheet, P&L, and Capital Requirements in the Bank's stress test exercises such as the Internal Capital Adequacy Assessment Process (ICAAP) and Bank-of-England (BOE).
This role's key components may include, but not limited to:
1. Stress Testing Modelling
- Support of the wholesale banking modelling methodology, assumptions, compliance requirements.
- Automation, maintenance, enhancement, and execution of the stress test models for the balance sheet and P&L, considering various dimensions including segments, geographies and products.
- Work alongside business stakeholders to develop, understand, and translate business impacts into financial projections
- Understand and translate business and market drivers into financial projections, especially for wholesale banking products.
- Automation and maintenance of the BOE templates that are used for regulatory submission.
- Ensure data quality, reconciliation, validation, consistency with various sources.
2. Interface Planning and Support
- Support timelines around the stress test exercises
- Support documentation of stress test models methodology
- Support process, controls, and documentation requirements
- Assist to engage, influence and maintain successful working relationships with:
§ Planning team within CLM for all related base financial forecast data
§ Treasury for all capital and liquidity interfaces
§ Risk teams for all scenario and risk workstream analysis and results
§ Technology, business, and other stakeholders for source/upstream data requirements
Key qualifications and skills required for this position:
- Degree in a numerate discipline (e.g. statistics, economics, mathematics or financial engineering)
- Forecasting and modelling skills
- Banking product knowledge
- Highly responsive with excellent communication and presentation skills, and the ability to explain complex matters in simple and intuitive terms, to non-technical audiences
- Full or partial qualifications like CFA or FRM will be considered favourably
- Strong SAS/Essbase knowledge would be an advantage
- Strong Excel knowledge and abilities
- Basic knowledge of accounting
- Strong critical thinking and analytical skills
- Ability to work in high pressure environments
- Proactive and independent self-starter
- Clear and positive verbal communication skills to engage with the broader team and stakeholders