Title: Model Risk Manager (Stress Testing)

Location: New York, NY (Hybrid)

Duration: 6+ months (possible extension/conversion)

Responsibilities:

• Execute periodic stress testing exercises to monitor WCR’s risk appetite and identify vulnerable areas.

• Provide analytics support to explain the stress test outcome for wholesale lending products.

• Partner with business units and risk managers to assess data availability and fit for purpose modeling approaches.

• Interact with model developers, model risk governance, business risk, internal audit.

• Leverage business / product expertise to evaluate and challenge the stress loss assumptions in hypothetical and historical stress scenarios.

• Gather and analyze portfolio and macro-economic data to assess potential impact on business performance and integrate the trends to the portfolio loss forecast.

• Research on 3rd party data, loss history and alternative models to build inventory of benchmarks.

• Develop deep expertise in stress testing methodologies and validate fit for purpose usage in BAU stress testing management.

• Contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements.

• Create a new scenario design capability leveraging existing models & data to translate emerging risk to economic scenarios, model inputs or portfolio shocks.

• Perform quarterly gap assessment between scenario coverage and material risk inventory.

• Build tools & analytical capabilities to support outcome analysis, loss forecasting reports and what if analysis.

• Works with large datasets and complex algorithms to derive analytical insights, identify data quality issues and support trend analysis.

• Leverages big data to develop innovative deployable solutions.

Qualifications:

• 5+ years’ experience working in financial institutions.

• Sound knowledge of statistical modeling concepts and industry best practices; experience with econometric and statistical modeling or application risk scoring.

• Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis.

• Experience with analytical or data manipulation tools (e.g. Tableau, Python, R)

• Proficient with MS Office suite.

• Past experience working on stress testing, model analytics, benchmarking and review & challenge function.

• Knowledge on scenario design, sensitivity shocks and risk identification process

• Good interpretations skills to convey complex quantitative methodology in simple terms.

Education:

• Bachelor’s/University degree or equivalent experience, potentially master’s degree

Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.

Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit to learn more.

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.