Job Description

Brief description

The main purpose of this position is to lead the development and implementation of stress testing and systemic risk monitoring frameworks aimed at promoting stability within the financial system. This involves conducting quantitative and qualitative analyses to identify potential systemic risks and providing guidance to policymakers on the resilience of financial institutions under various scenarios.

Detailed description

The successful candidate will be responsible for the following key performance areas:


Lead the development and implementation of top-down and bottom-up stress-testing frameworks, including methodologies, processes and models. Lead the execution of stress-testing exercises and effective communication of results to policymakers. Research and present findings to senior management and the Financial Stability Committee to clarify the assumptions and relationships underlying the relevant models. Continually monitor the financial system for vulnerabilities, with an emphasis on early detection and detailed reporting of potential systemic risks. Build economic models to test the resilience of financial institutions. Demonstrate an understanding and application of all methodological standards, techniques and protocols relevant to the work. Prepare briefings and presentations on stress-test results, research findings and economic analyses and present these to internal and external stakeholders. Support the skills development of junior specialists by providing guidance on the subject matter in your scope of work. Independently deliver work and determine deliverables from a range of prescheduled and ad hoc responsibilities. Oversee focused project teams and ensure successful completion of their deliverables. * Stay abreast of, and contribute towards, the development of national and international macroprudential standards, classifications and frameworks for the publication of financial stability reports.