The Scenario Design and Stress Testing Function within Enterprise Risk Management is responsible for facilitating the development of stress scenarios across Risk Stripes/ Business Units and Product lines to facilitate both Internal Risk Management as well as Regulatory requirements
Job Summary
The Scenario Design and Stress Testing Function within Enterprise Risk Management is responsible for facilitating the development of stress scenarios across Risk Stripes/ Business Units and Product lines to facilitate both Internal Risk Management as well as Regulatory requirements.
The role partners with various risk stripes to help them implement stress calculations, participates in regulatory submissions, and works with analytics and reporting teams for scenario data governance.
Raymond James emphasizes five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) and a people-first culture that honors, values, and respects the uniqueness, experiences, and backgrounds of all associates.
Matching Summary
The Scenario Design and Stress Testing Function within Enterprise Risk Management is responsible for facilitating the development of stress scenarios across Risk Stripes/ Business Units and Product lines to facilitate both Internal Risk Management as well as Regulatory requirements.
Skills & Requirements
Must-have
Enterprise Risk Management
scenario design
stress testing
economic and financial analysis
regulatory submissions
MS Office Suite fluency
mathematical concepts including Statistics
Nice-to-have
interest in financial markets
familiarity with programming
wealth management business knowledge
credit risk knowledge
liquidity risk knowledge
market risk knowledge
non-financial risk knowledge
ability to influence stakeholders
customer service orientation
Key Requirements
Three (3) or more years of experience in a related field
Bachelor’s Degree in Finance, Accounting, Mathematics, or Engineering