Brief description
The main purpose of this position is to help create and implement frameworks for monitoring systemic risk and conducting stress tests to ensure the robustness and stability of the financial system. This includes advising policymakers on emerging financial risks and vulnerabilities as well as assessing the soundness of financial institutions under various stress scenarios.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Assist in finalising and implementing monitoring frameworks for systemic risk in domestic financial institutions.
- Analyse new data and reconcile it with historical trends and other relevant data and sources.
- Conduct research to inform the assumptions and relationships that underpin economic and other models.
- Help build simple models, run short-term simulation exercises, and analyse and explain model results.
- Compile thorough, comprehensive and descriptive reports.
- Understand and apply all methodological standards, techniques and protocols relevant to the work.
- Prepare briefings and presentations on research findings and economic analysis and present these to the internal team.
- Support the skills development of junior specialists by providing guidance on the subject matter within the position’s scope of work.
- Assist in developing and implementing top-down and bottom-up stress testing frameworks, including methodologies, processes and models.
- Support the execution and reporting of stress testing exercises in the financial system to provide input to policymakers.
- Support senior macroprudential specialists in coordinating and analysing stress testing results with relevant stakeholders.