Intermediate Financial Modeling Specialist to support the stress testing group conducting stress and sensitivity testing for a Financial client

Our client is looking for an Intermediate Financial Medelling specialist to support the stress testing group conducting stress and sensitivity testing for a Financial client.

Overview:

The Stress Testing Group (STG) actively participates in the identification and assessment of enterprise-wide stress risks and capital adequacy by conducting stress and sensitivity testing. The team identifies risks that may negatively affect our clients and determines the potential impacts of such risks and the effectiveness of risk mitigation strategies.

STG runs a pro-forma financial statement model that is driven by a set of macro economic factors, along with an exogenous assumptions file. The output allows for a consistent analysis

Must Have's:

• 3+ Experience with Financial models/ Financial modelling
• Experience with Data Modelling
• 3+ years of experience as a code developer(Python or R)
• Experience with Statistical analysis
• Math degree with heavy statistics knowledge

***Recovery- "what happens if this happens scenarios, etc.?"

Description of work:

The successful candidate will be responsible for creating the following improvements:

• Goal Seek Algorithm
• Create and adjust financial models
• Endogenize Recovery Rates
• Create a Challenger Approach for the Non-fdd Interest Expense Model
• Documentation: Maintain clear and comprehensive documentation of all code changes and model enhancements.
• Collaboration: Work collaboratively to ensure seamless integration of your work into the broader risk management framework.