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Job Details


Head of Stress Testing Review & Challenge

Business and Financial Operations



New York, New York, United States

Job description

The Head of Stress Testing Review and Challenge of CCAR is responsible for running CCAR and other US stress test processes, resulting in the approval of the CCAR submission to the FRB. The position will also be responsible for ensuring that the CCAR process, policy and governance is kept updated with the most recent CCAR regulatory developments.

About Us

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realize their ambitions.

You will be responsible for:

• Review and challenge of CCAR and other stress testing projections submitted by finance and risk teams and understanding the drivers of results, including scenario trends, model drivers, key assumptions, sensitivities and limitations

• Following development in regulatory policy around CCAR and stress testing and interpreting regulatory guidance, and ownership of the US stress testing policy, stress testing basis of preparation documents and R&C framework documents

• Managing CCAR governance processes and bodies such as CCAR steering committees including preparation of CCAR related documentation submitted to Board and regulators, leading efforts to remediate stress testing related regulatory issues and delivering other stress tests for UK, European regulators and internal stress tests