Deutsche Bank, whose US unit failed the Federal Reserve’s most recent battery of stress tests, is adding a veteran financial executive to oversee the process in future years.

Paul Saltzman, who most recently served as president of the trade group Clearing House Association, will join the bank as vice chairman and executive sponsor of the Comprehensive Capital Analysis and Review, or CCAR, process, which is more commonly known as the annual bank stress test. The move was announced in a memo reviewed by The Wall Street Journal from Deutsche Bank executives Jacques Brand and Marcus Schenck.