Senior Finance Associate - CP & Stress Testing Job Listing at Valley Bank in Wayne, NJ (Job ID 22-254)

Description

The Senior Business Analyst will support capital planning initiatives primarily through execution of enterprise-wide capital stress tests.   Responsibilities include, but are not limited to:

• Perform key stress testing responsibilities related to modeling, documentation, and governance.
• Broad oversight of modeling assumptions utilized to perform regulatory and idiosyncratic capital stress tests.
• Prepare and consolidate results of capital stress tests.
• Responsible for analyzing and interpreting regulatory capital, balance sheet, and profit & loss (P&L) implications under a variety of stressed economic scenarios.
• Collect, organize, analyze, and disseminate significant amounts of information from internal and external sources.
• Serve as lead on building sustainable, controlled and automated processes (where applicable) to analyze data, trends and relationships as well as perform sensitivity analysis.
• Participate in the ongoing process improvements and optimization efforts of stress testing models.
• Build and maintain collaborative relationships with partners in other areas of the bank (risk, accounting, treasury, etc.) to produce enterprise-level scenarios and forecasts.
• Develop and maintain capital stress testing documentation including policies, summary of results, effective challenge packages, model inventory catalogue, process flow, as well as other analytics and reports as necessary.
• Support overall stress testing program management including working groups, governance practices, cross-functional communications, process enhancements, and internal control initiatives.
• Develop and maintain reporting templates and documentation of methodologies and execution to support governance requirements.
• Support regulatory requests from regulatory agencies including data analysis, liaising with other groups and presentation of findings.
• Design and produce presentations for Executive management, Board of Directors and Regulators.