Job Description
The Testing and Monitoring Director will support the Head of RRP Non-Financial Capabilities, Controls, and Testing in defining and maintaining the testing framework, guidance, and test plan for capability testing and monitoring. They will develop standardized testing templates and collaborate with Accountable Executives (AEs) to ensure testing is comprehensive across each sub-capability in accordance with the testing framework and prescribed key testing attributes. ResponsibilitiesDefine and maintain the testing framework, guidance, and test plan for capability testing and monitoringDevelop standardized testing templates and produce ongoing reporting to oversee delivery of RRP testing activitiesCollaborate with AEs to design comprehensive tests across each sub-capability in accordance with the testing framework and prescribed key testing attributes (e.g., accuracy, timeliness)Review and challenge the adequacy and comprehensiveness of testing documentation and test outcomes for each sub-capability to ensure adaptability under various stress scenarios and compliance with the latest regulatory expectationsSupport capability owners in responding to regulatory exams, testing, and inquiries in a timely manner Knowledge, Experience, and SkillsEducation: Bachelor’s or master’s degree in business, finance, economics, law, or related fieldsExperience: 15+ years of relevant experience in corporate treasury, risk management, financial regulation, project management, or similar fieldsCommunication Skills: Excellent oral and written communications skills; must be articulate and provide direction with judgement and authority to enable effective engagement with senior stakeholdersExpertise: Demonstrated expertise in a role focused on and comprehensive understanding of capabilities as well as proven track record with testing programs (e.g., developing testing templates, standards, criteria, documentation and after action reporting)
Responsibilities + Skills
Understanding of Regulatory Environment: Deep knowledge of financial regulations and requirements, particularly those relating to recovery and resolution planning
Education
Compliance Management: Knowledge and experience in ensuring compliance with regulatory requirements as well as experience representing large financial institutions (preferably G-SIBs) with regulatory bodies (e.g., OCC, FDIC, FRB, PRA, EBA, etc.)Analytical Skills: Highly developed analytical and problem-solving skillsOrganizational Skills: Capable of managing multiple priorities and meeting tight deadlines in a dynamic work environmentTeaming: Proven track record engaging and partnering with Business Unit (BU) leaders and cross-functional teams (e.g., Risk, Audit, Legal, Compliance, Technology, etc.)
Experience
