Title: VP CCAR Credit Stress Testing & Wholesale Credit Risk
Office Status: Hybrid New York, NY
Base Salary: $145k $185k + Discretionary Bonus
ABOUT THE ROLE This Vice President opportunity sits within the Credit Portfolio Risk team of a well-established global financial institution, offering end-to-end ownership of wholesale credit stress testing for CCAR, DFAST, and capital planning. The role combines rigorous execution responsibilities production planning, scenario implementation, model execution, results aggregation, and regulatory submission controls with a strategic enhancement mandate focused on improving data pipelines, analytical tools, and governance frameworks. Partnering closely with Credit Officers, Finance, Model Development, Model Risk Management, and Technology, this is the right seat for an experienced wholesale credit stress testing professional with 6+ years of relevant experience who combines strong quantitative and credit expertise with sound judgment, clear communication skills, and the ability to lead and develop junior analysts while delivering decision-ready insights to senior management and risk committees.
RESPONSIBILITIES- Own the end-to-end wholesale credit stress testing cycle and directly support CCAR submission delivery including production planning, data readiness, scenario implementation, model execution, results aggregation, review and challenge, documentation, governance approvals, regulatory schedules, and submission controls
- Produce and analyze stressed credit losses across wholesale portfolios;explain period-over-period movements, portfolio concentrations, scenario sensitivities, and key drivers clearly to senior management and risk committees
- Partner with Finance, Credit Officers, Business Units, Model Development, Model Risk Management, and Technology to translate regulatory and business requirements into repeatable methodologies, controlled workflows, and timely deliverables
- Review and challenge model performance, assumptions, overlays, and management adjustments in partnership with model developers and validation teams;ensure transparent rationale and consistent application across the stress testing framework
- Maintain credit stress testing policies, standards, procedures, and risk appetite metrics in alignment with applicable US regulatory guidance and SMBC Group frameworks;address matters raised by regulators, internal audit, model validation, or independent review teams and drive issues through sustainable remediation
- Drive strategic enhancements to data pipelines, analytical tools, and reporting processes to improve accuracy, scalability, transparency, and turnaround time across the CCAR and DFAST cycle
- Lead and coach junior team members;foster a culture of analytical rigor, accountability, and continuous improvement within the Credit Portfolio Risk team