We Offer Part of Enterprise Risk Management (ERM) at Credit Suisse, the Model Risk Management (MRM) team has a mandate to validate the Bank's business-impactful models firm-wide and more generally to identify, measure and manage model risk across Credit Suisse. The team is established in London, Zurich, Mumbai, Singapore, Warsaw, Hong Kong and New York.
As a member of the MRM team in Zurich, you will get exposure to modelling in a wide variety of models in areas such as credit risk, market risk, operational risk and other business-impactful models used throughout the bank etc. The team's broader model risk scope also guarantees a significant level of interest and visibility to the business and senior management. Opportunities to present results to business partners as well as peers are numerous, allowing you to widen and develop their network and reputation.
We offer you the opportunity to lead and manage independent validation reviews across a wide range of core Risk Capital, Pricing or other business-impactful models used throughout the bank. Meeting business needs and regulatory expectations with responsibility for investigating key aspects of each model under review: choice of modelling approach, the underlying assumptions and associated limitations, performance and optimal use of the model, etc.
Review, verify and validate financial models for theoretical soundness, testing design and identification of model weaknesses, ensuring ongoing monitoring as well as contribute in the firm-wide model risk and control assessment.
Being part of our diverse team and represent it in senior internal governance forums, prepare the relevant presentation materials and ensure flow of information to the respective validation teams. Participate in the relevant regulatory meetings and coordinate the activities pertaining to the material preparation
We expect you to demonstrate independence in planning and business partner engagement, testing design and execution, results interpretation and presentation, and the production of documentation strong enough to evidence a sound challenge to both internal and external parties.
You hold a Masters or PhD in a quantitative discipline, e.g. Mathematics, Physics, Engineering, Finance, Economics with at least 5 years of experience in financial modelling and/or model validation.
You have hands-on experience in risk and capital modelling, derivatives pricing and should be able to demonstrate an understanding of capital modelling, financial and derivative products and mathematics.
A partnering mindset and effective communication with senior business partners, including the ability to explain complex topics to a diverse range of audiences.
Next to a deep understanding including programming experience of software applications such as R, Matlab, SQL and SAS, you have experience in managing/leading teams, ideally in the context of model validation and/or financial modelling.
You are highly motivated, disciplined, task focused and have a proven record of delivering high quality results to strict deadlines.
You are a dedicated problem solver with a positive, empathetic personality and can-do attitude who loves to handle multiple meaningful priorities and have good communication and interpersonal skills in English, German skills are an asset
*LI-CSJOB* Mr. M. Payer would be delighted to receive your application. Please apply via our career-portal.
Internal Number: 6083062
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