Genesis10 is currently seeking a Senior Counterparty Credit Risk Consultant to support Stress Testing & CCAR. This is a Hybrid role for a 6+ month contract position with a Global Financial Institution located in New York, NY. Range $95-$105/hr W2. This role will serve as a key contributor within the Counterparty Credit Risk (CCR) Portfolio Analysis team, driving the team's Stress Testing and CCAR workstreams. The ideal candidate will possess strong quantitative acumen, the ability to interpret exposure model outputs, and the skill to translate complex risk analytics into clear narratives for senior management. This position will work closely with Enterprise Stress Testing, Finance, Market Risk, Quant/Model Development, and Front Office partners.
Responsibilities: - Lead CCR stress testing activities across Derivatives and SFT portfolios, including scenario design, exposure behavior analysis, driver interpretation, and identification of stress vulnerabilities
- Support CCR-related CCAR deliverables, including exposure projections, documentation, narratives, and coordination with Finance and Enterprise Stress Testing
- Analyze and interpret PFE/EPE/EAD (including stressed exposures), explaining key exposure movements, concentration risks, and drivers of change
- Support ongoing monitoring of CCR Risk Appetite metrics, early warning indicators, threshold breaches, and counterparty level emerging risks
- Prepare high quality stress testing and CCAR reports for senior management and risk committees, summarizing exposure trends and scenario impacts
- Partner with Quant/Model Development to review exposure model behavior under stress and assess methodology updates
- Evaluate stressed wrong way risk indicators and support concentration analysis across sectors, collateral types, and counterparties
- Strengthen documentation quality, review routines, assumptions, and governance standards across stress testing and CCAR processes
- Improve data accuracy, reporting automation, visualization capabilities, and overall stress testing workflow efficiency
- Work closely with Front Office, Market Risk, Finance, Enterprise Stress Testing, Quant teams, and Technology to ensure consistent and complete representation of CCR stress exposures
Requirements: - Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field
- 7-10+ years of relevant experience in Counterparty Credit Risk, or Stress Testing, with strong familiarity in derivatives and SFT exposure analytics
- Direct experience executing stress testing frameworks (e.g., CCAR), including scenario design, exposure projection, and result interpretation
- Strong understanding of PFE, EPE, collateral and netting structures, and model driven exposure outputs
- Proficiency with Excel and comfort with analytical tools (e.g., Python, visualization platforms)
- Ability to synthesize large datasets, identify exposure drivers, assess vulnerabilities, and provide effective challenge
- Strong written and verbal ability to present complex risk analytics clearly to senior management and non-technical stakeholders
- Demonstrated discipline in documentation, review controls, stress testing governance, and adherence to regulatory expectations
- Proven success working cross-functionally with Front Office, Risk, Finance, Quant, and Technology teams
- Ability to mentor junior staff, promote analytical rigor, and contribute to continuous improvement within the Portfolio Analysis function
Desired skills: - Master's degree or professional certifications (e.g., CFA, FRM)
Only candidates available and ready to work directly as Genesis10 employees will be considered for this position. If you have the described qualifications and are interested in this exciting opportunity, please apply! Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many of the Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.
For contract roles, Genesis10 offers the benefits listed below. If this is a perm-placement opportunity, our recruiter can talk you through the unique benefits offered for that particular client. Benefits of Working with Genesis10: - Access to hundreds of clients, most who have been working with Genesis10 for 5-20 years.
- The opportunity to have a career-home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years.
- Access to an experienced, caring recruiting team (more than 7 years of experience, on average.)
- Behavioral Health Platform
- Medical, Dental, Vision
- Health Savings Account
- Voluntary Hospital Indemnity (Critical Illness & Accident)
- Voluntary Term Life Insurance
- 401K
- Sick Pay (for applicable states/municipalities)
- Commuter Benefits (Dallas, NYC, SF, and Illinois)
For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as a Best Company for Work-Life Balance, as a Best Company for Career Growth, for Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website.
Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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