Credit Suisse jobs - Risk Management Reporter

We Offer

We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global Conduct and Ethics Standards

The Chief Risk Office (CRO) mission is to protect the Bank’s capital by establishing a strong control environment for the relevant risks. To this end, the division uses four primary functions to manage all relevant issues: Market Liquidity & Risk Management (MLRM),Credit Risk Management (CRM),Risk and Finance Data Analytics and Reporting (RFDAR),and Bank Operational Risk Oversight. The division also addresses critical risk areas such as business continuity and reputational risk management.

Departmental Overview

RFDAR function organization is responsible for the data and production elements of capital reporting deliverables, accountable for the accuracy and timeliness of inputs provided for reporting purposes.

The Model Calcs & Mgmt (MCM) team is part of RDM. The groups within MCM are

Exposure Moves Analysis (EMA) team

Scenario Exposure Analysis (SEA)function

PE moves validation team

IFRS9, USGAAP Impairment team

In order to align with impending accounting rules for financial instruments accounting (FASB CECL) CS needs to be able to estimate the lifetime expected loss on amortized cost positions (Impairment – US GAAP Project). The CRC team seek to recruit a Credit Risk Analyst to be part of the Impairment team.

Expectations

Know the implemented IFRS 9 Impairment infrastructure.

Providing reasonable commentary for movements in Impairment risk measures – Expected Credit Loss

Key regulatory project – Impairment, pertaining to interpreting system and business logic and validation of exposure methodologies and manage team participation in various phases of the project.

Providing Business requirements from US GAAP perspective to programs, support BRD/FSD preparation, test ECL generated by each models.

Managing the book of work on strategic remediation tasks and set targets on closures and ageing.

Identifying issues in data/methodology and collaboratively work with partner teams on acceptance and prioritization of the required remediation work.

This team does not operate on shifts but you are expected to understand the significance of timelines and work for extended hours if required

You Offer

Understand the value of diversity in the workplace and are dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work. This should be further elaborated on in your application.

A Graduate or Post-Graduate in Finance/Statistics/Economics/Sciences/Engineering/Mathematics

1-3 years of work experience in Credit Risk or related control function, with good product knowledge and deep understanding of Risk management tools and techniques

Strong analytical and problem solving skills to identify the scope of issues and ability to provide appropriate solutions

Previous working experience in IFRS9 / US GAAP Impairment – Expected Credit Loss Validation

Outstanding knowledge of financial products across various asset classes

Sound understanding of life cycle of a trade and risk management concepts

Experience of working with the output of finance and risk systems

Written and verbal communication skills including the ability to build positive relationships with business partners

Results-oriented, dedicated, hardworking who can work on own initiative and deliver on time with a high level of integrity and flexibility, sense of urgency, attention to detail and quality standards.

India-Pune-Pune