Job Title :
CCAR Stress Testing Consultant BFSI (Risk & Capital Bangalore
Open to : Pan-India (Hybrid / Remote based on business IT & Consulting services organization with a strong focus on BFSI , risk management, and regulatory compliance for large global banks.
Role Overview :
We are looking for an experienced CCAR / Regulatory Stress Testing Consultant to work closely with our BFSI leadership team and our global banking clients (primarily US-based large banks and BHCs).
The role will focus on regulatory stress testing (CCAR / DFAST), capital planning, risk & finance data integration, and model governance helping clients design, implement, and enhance their end-to-end CCAR frameworks, including FR Y-14 reporting, loss estimation models, and capital adequacy assessments, as expected by the US Federal Reserve and Basel II / III / ICAAP guidelines.
Looking for : Immediate joiners / candidates with 30 days notice.
Key Responsibilities
1. CCAR & Regulatory Stress Testing Advisory
- Lead / participate in engagements for CCAR, DFAST and internal capital adequacy assessments (ICAAP) for large US and global banks.
- Interpret and apply regulatory guidance (e.g., CCAR Capital Plan Rule, SR 11-7, SR 12-7, Basel II / III Pillar 2, Enhanced Prudential Standards ) to client environments.
- Support clients in aligning stress testing, capital planning and risk appetite frameworks with supervisory expectations.
2. Stress Test Design & Methodology
Design and review end-to-end stress-test methodologies across PPNR, credit risk, market risk, and operational risk, ensuring alignment with macroeconomic scenarios (Baseline, Adverse, Severely Adverse).Work with client teams to translate macro-economic variables (unemployment, GDP, HPI, interest rates, spreads, etc.) into portfolio-level loss and capital impact.Assist in building / reviewing segment-level loss models (C&I, CRE, Retail, Cards, Mortgages, etc.) and validating their suitability, conservatism and performance.3. Data, FR Y-14 Reporting & Process Integration
Support clients in designing data sourcing, aggregation and reporting processes for CCAR (FR Y-14A / Q / M schedules retail, wholesale, securities, PPNR, regulatory capital instruments, Basel III / DFA).Coordinate with technology, finance and risk teams to ensure data quality, reconciliation and lineage across stress testing, Basel, and finance systems.Identify and help remediate data and IT infrastructure gaps , manual adjustments and process inefficiencies.4. Governance, Documentation & Model Risk
Contribute to model risk management activities (per SR 11-7) : documentation, validation support, model performance monitoring and remediation plans.Draft and review policies, procedures, and governance artefacts related to stress testing, capital planning and ICAAP (e.g., capital policy, CCAR methodology documents, control frameworks).Prepare board-level and senior management presentations, narratives and supporting analysis for CCAR submission, supervisory reviews and internal challenge forums.5. Stakeholder Management & Consulting
Work closely with onsite client SMEs, risk & finance leaders, and technology teams to deliver CCAR programs and enhancements.Participate in workshops, requirement-gathering sessions, and solution walkthroughs with clients CRO, CFO and risk strategy teams.Support internal pre-sales / solutioning for CCAR and regulatory risk offerings PoVs, proposals, effort estimation, and responding to RFPs.Required Experience & Total experience : 7 to 12 years in Banking / Capital Markets / Risk .
CCAR / DFAST / Regulatory Stress Testing : Minimum 3 to 5 years hands-on experience with large banks, consulting firms, or captive GCCs.Domain & Technical Skills :
Strong understanding of :
CCAR objectives, timeline and processes (capital plans, supervisory & company-run stress tests, mid-cycle tests).Capital planning & ICAAP , including capital ratio projections (Tier 1 Common, Tier 1 Leverage, Total Capital, RWA dynamics).FR Y-14A / Q / M reporting , especially credit loss, PPNR and capital schedules.Basel II / III concepts PD, LGD, EAD, RWA, economic capital.Good exposure to stress-testing modeling frameworks (PPNR, credit loss models, scenario design, idiosyncratic scenarios, integration across risks), as illustrated by best-practice frameworks in industry.Working knowledge of data and IT architectures used for CCAR data warehouses, risk engines, reporting tools, and reconciliations.Comfort working with large datasets and tools such as SQL / Excel ; familiarity with SAS / R / Python for risk analytics or model implementation is an advantage.Consulting & Soft Skills :
Strong business consulting orientation able to translate regulatory expectations into scalable processes and systems for clients.Excellent stakeholder communication , documentation and presentation skills; ability to interact with senior client executives.Ability to work in global delivery models with onsiteoffshore collaboration, overlapping US time zones when required.Education & Certifications :
Bachelors / Masters degree in Finance, Economics, Statistics, Mathematics, Engineering, or related quantitative discipline .Preferred qualifications (nice-to-have) :Professional certifications such as FRM, PRM, CFA or equivalent.Any certification / training in risk management, Basel, stress testing or model risk .Behavioral Traits :
Strong ownership mindset and ability to operate in an evolving regulatory and technology landscape.High attention to detail with a focus on data quality, controls and governance .Collaborative, proactive, and able to work under tight regulatory timelines (e.g., CCAR annual cycle deadlines).Other Details :
Employment Type : Full-time, Consulting / Permanent.Notice Period : Preferably Immediate joiners ; candidates with 30 days notice will be given priority.Travel : Short international travel to client locations may be required (US / EMEA) based on project needs.(ref : iimjobs.com)