Enterprise Stress Testing Cover Letter

I would like to submit my application for the enterprise stress testing opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for relevant Management Information to senior management on Stress testing and participate in committees for stress testing design.

Please consider my experience and qualifications for this position:

• Exposure to senior management with opportunity to regularly present stress testing topics at senior management committees
• Excellent skills in MS-Office, particularly Power Point and Excel
• Experience with Linux or UNIX systems and version control software such as Git is preferred
• MBA or Master in Finance/Economics/Risk Management or related programs
• Be capable or willing to learn modern R programming techniques such as application of tidyverse, markdown, Shiny
• Creating and maintaining monthly/quarterly assessment of the firm’s adherence to stressed capital providing input for Board/Risk Committees
• Take initiative in building and maintaining stress testing model
• Review and challenge stress testing methodologies

In response to your job posting for enterprise stress testing, I am including this letter and my resume for your review.

Previously, I was responsible for guidance and expertise to Operating Groups, Material and Significant Risk groups, and Material Subsidiaries on the Stress Testing Framework and ad hoc stress tests.

My experience is an excellent fit for the list of requirements in this job:

• Hands-on experience with SAS, MS Excel (VBA) and SQL
• Develop and implement the credit risk stress testing models using technology platforms, primarily in R and Python
• Conduct supplementary analysis on model results to provide insights into key drivers of credit losses in each stress scenario
• Work with technology teams on data sourcing, technology frameworks to optimize computing efficiency
• Finance, Accounting, or Statistics background preferred
• Knowledge of Microsoft products, particularly Outlook, Word, and Excel
• Builds, enhances, and automates processes to facilitate analysis of models and quarterly results
• Understands US portfolio through various accounting dimensions for example booked view, managed view

Please consider me for the enterprise stress testing opportunity. I am including my resume that lists my qualifications and experience.

In the previous role, I was responsible for timelines for Stress testing requirements, and work with each of the key stakeholders to ensure delivery is on time and to expectations.

My experience is an excellent fit for the list of requirements in this job:

• Prepare analysis and interpretation of data inputs provided by other risk areas
• Participate in regulatory reviews SREP
• Document the process and controls and assist review teams in understanding the code implementation
• Conduct research of new best practices for financial modeling of climate related risks
• Develop new models to assess the impact of climate change on the Bank
• Prototype new approaches for risk measurement
• Collaborate with other risk modelling teams to integrate new models into the Bank’s processes
• Develop supportive documentation for the analysis and methodology of climate change risk

In response to your job posting for enterprise stress testing, I am including this letter and my resume for your review.

In the previous role, I was responsible for support to the Firmwide Op Risk Capital and Stress Testing Manager in the coordination of activities across the FORCAST team, including:.

My experience is an excellent fit for the list of requirements in this job:

• Conduct ad-hoc climate change related analysis for senior management and business lines
• Masters in a relevant field such as Financial Engineering, Finance, Economics, Statistics, Mathematics and Computer Science
• Completion or progression in CFA and/or FRM would be an asset
• Completion of SAS certification would be an asset
• Hands-on experience in stress testing of credit risk capital and ECL., credit risk capital and ECL production, reporting, control and analysis
• Hands-on experience in coding, operating and maintaining production level risk processes, managing, reconciling, and interpreting large and complex enterprise level data sets
• Hands-on experience in ETL, performance tuning and building validation process
• Hands-on experience in business and/or technical writing with clear and concise written communication skills

I would like to submit my application for the enterprise stress testing opening. Please accept this letter and the attached resume.

Previously, I was responsible for insightful analysis of stress testing results and document RBC’s stress test results, frameworks, and practices.

Please consider my qualifications and experience:

• Works with stakeholders and technology teams to implement and execute models and analyses in support of on-going financial disclosure, regulatory reporting, and ad hoc analyses
• Collaborates with various team members to ensure accurate integration of models into analytics frameworks and documents all processes developed
• Develop a regulatory capital calculation for wholesale and retail credit risk, based on the outputs from the stress test models to provide the capital impact of various stress tests
• Identify and design business requirements, and propose detailed designs of solutions that meet business requirements while identifying, communicating and managing implementation risks
• Produce the Annual and quarterly ICAAP Report, the Annual methodology summary of models and the Self-Assessment Process to Regulatory Stress Testing (E18) and ICAAP (E19)
• Review loan underwriting documents to validate business industry code (NAICS), loan purpose, and collateral valuation
• Research borrower financial data for the calculation of NOI (net operating income) and DSC (debt service coverage) for commercial real estate loans included in stress testing