VP, Quantitative Risk Analysis recruitment
Essential Functions/Responsibilities
liOwn and manage execution of the EFS stress testing discipline including documentation of all methodologies and results; timely execute testing as mandated by GECC HQ
liIdentify, recommend and implement additional stress testing methodologies for stress testing of the EFS Financing Receivables and Equity portfolios
liImprove Quantitative Risk assessment in all methodologies used by enhancing model capability to translate both macro and idiosyncratic scenarios into key parameters for risk assessments of portfolio and investments.
liDevelop new and efficient processes to run multiple scenarios analysis and stress testings on a regular rhythm interacting with internal stakeholders.
liDevelop new methodologies for generating cashflow projections consistent with analysts' views on upside, baseline and downside scenarios in midstream, upstream and power sectors.
liImprove frameworks to quantify equity risk, commodity risk, market risk and credit risk in the portfolios identified during stress testing
liValidate the performance of quantitative models used or developed including establishment of back-testing processes; document the risk analytics used to select methodologies
liEstablish consistent processes to improve quantitative portfolio management.
liAs required, generate and report risk parameters (MTM exposure, volatility, other Greek measures) to Quantitative Risk/Capital Allocation Group for determining economic and regulatory capital.
Qualifications/Requirements
Basic Qualifications:
liBachelors Degree
li10+ Years in practice with risk management, quantitative finance or market research analysis
liDemonstrated track record in developing risk systems and financial economic analysis
liExcellent statistical analysis and programming skills (S-plus, matlab, sql, etc.)
Eligibility Requirements:
li You must apply via COS (internals) or www.gecareers.com(externals) to be considered for this position
li Unrestricted work authorization in the United States
li You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
li Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
Desired
liMBA, MFE or CFA
liPh.D. in Economics, Finance, Statistics or technical field
liIn depth knowledge of global energy markets with direct experience in corporate finance, energy market modeling and estimation techniques ie. Energy market Valuations, Finance Econometric modeling, Commodity Risk modeling / option trading.
liStructured Transaction and quantitative finance experience
liTeam player and self-starter
About Us
GE Energy Financial Services' experts invest globally across the capital spectrum in essential, long-lived and capital-intensive energy assets that meet the world's energy needs. In addition to capital, GE Energy Financial Services offers the best of GE's technical know-how, technology innovation, financial strength and rigorous risk management. Based in Stamford, Connecticut, the GE business unit helps its customers and GE grow through new investments, strong partnerships and optimization of its $23 billion in assets. For more information, visit www.geenergyfinancialservices.com.