Wholesale Credit Loss Forecasting Commercial Real Estate- Executive Director
On-site · Plano, Texas, United States
Job Summary
Executive Director role in Wholesale Credit Loss Forecasting within the Stress Testing team. Lead methodology, forecasting, and communication of loan loss estimates for CRE portfolios, collaborating with CIB Risk executives and stakeholders across the Firm. Responsibilities include overseeing portfolio-level exposure, reviewing allowance/stress testing results, analyzing modeling behaviors and parameters (PD, LGD, EAD, Rating Migration), informing CECL/IFRS9/CCAR forecasting processes, supporting macroeconomic scenario analysis, and preparing materials for senior management. Requires strong leadership, cross-functional collaboration, and proficiency with data tools (Tableau, Python); CRE loan loss forecasting expertise and familiarity with CECL and IFRS 9 standards are essential.
Required Qualifications
- Bachelor’s degree in Business, Finance, Accounting, or related field
- 10+ years’ experience within the financial services industry
- Strong familiarity with Commercial Real Estate (CRE) loans and lending related commitments
- Knowledge of CECL and IFRS 9 credit loss accounting standards
- Knowledge of the CCAR regulatory framework and stress testing
- Strong analytical skills in wholesale loan loss forecasting and stress testing frameworks
- Demonstrated ability to work across diverse groups to understand issue drivers and business requirements while collaborating with partners to build consensus and execute the agreed plans
- Excellent leadership skills particularly to drive and initiate change within your team
- Experience with data analysis and manipulation through analytical tool sets (e.g., Tableau, Python)
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