Senior Analyst – RAAR EMEA, Stress Testing and Capital Management Oversight (Scenario design focus)

Last updated 11 days ago
Location:Greater London
Job Type:Full Time

Join our Regulatory Affairs and Aggregate Risk (RAAR) team and play a key role in stress testing and the second line oversight of capital management across our EMEA businesses and regulated entities.

The RAAR team in the EMEA region is focused on prudential rule interpretation and risk oversight for local regulated entities (including a UK and European Bank and a number of UK and European Investment and Asset Management Firms), stress testing, capital management oversight, recovery, resolution and wind-down planning, and economic capital assessment for the EMEA non-banking entities in the Macquarie group.

As a member of the team, you will play a key role in managing and coordinating the enterprise-wide stress testing exercises for Macquarie’s EMEA regulated entities (including UK and European banking entities, investment firms and asset managers). This involves risk identification and design of stress scenarios, scenario execution in collaboration with Finance and Treasury colleagues and risk specialists, and the analysis of stress testing results. In particular, we would like to see you bring knowledge to and take a leading role in the risk identification and scenario design part of the stress testing framework.

Your work on stress testing will cover capital management (i.e. internal capital adequacy assessment processes), Recovery Planning, reverse stress testing, climate risk scenario analysis, and other ad hoc needs (e.g. assessment following a material change in business strategy). You will also have the opportunity to collaborate with liquidity management teams to drive alignment between capital liquidity stress testing exercises.The role offers plenty of exposure and the opportunity to lead material components of the stress testing framework, as well as the chance to collaborate with stakeholders across the organisation, including Finance, Risk, Treasury, Front Office, senior management and Global teams.

To be successful in this role, you will need to bring the following key skills and experience:

- a sound knowledge and experience in stress testing, with a focus on the design of stress scenarios
- experience with risk identification, scenario development, defining scenario shocks and ideally, familiarity with scenario shock expansion tools (e.g. Oxford Economics)
- familiarity with UK and EU regulatory requirements and a keen interest in remaining up to date with the latest changes
- strong interest in macroeconomic and market stress themes
- prior experience in a similar role within a financial institution, consultancy practice or regulatory body
- an academic background in economics of finance
- strong numerical and analytical skills with great attention to detail
- strong verbal and written communication stills.

If this sounds like the right opportunity for you to take the next step in your career, please apply today.

About the Risk Management Group

The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.

Our commitment to Diversity and Inclusion

Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.

Macquarie is an equal opportunities employer and does not discriminate on the grounds of age, disability, sex, sexual orientation, gender reassignment, gender identity, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.

We recognise that flexibility comes in a variety of forms. Talk to us about what flexibility you need.