Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.
We Offer 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 Risk Division is a highly visible, dynamic area of the firm where you can be an integral part of the decision making that supports the bank's business. Our responsibilities range from Enterprise Risk management to risk and finance reporting, and regional risk teams covering the risk management for our entities. The Risk division's long-term success depends on our ability to achieve our vision and fulfill our mandate. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a collaborative and entrepreneurial environment that offers direct contact with senior management and encourages leadership at all levels.
This role is within Risk Data Management and Reporting in the Group Market Risk Consolidation team which is responsible for calculating the market risk capital analysis for Credit Suisse.
Manage legal entity financial reporting and analytics (including revenue, transfer pricing, expenses, capital reporting and forecasting)
Reporting and analysis of entity specific risk information, covering the specific limit framework, Market Risk capital calculations and Risk Management review.
Analysis of capital, requiring an understanding of VaR, SVaR and IRC, and an ability to explain to senior management.
Build and manage relationships with key partners and data providers (i.e. MRM, CRO IT and other RDM teams) to acquire data and explanations of positions to complete analysis of variance in capital.
Present analysis to management both within RDM and a wider CS audience, including a number of non-risk forums e.g. Finance
Production and distribution of market risk reports including investigation and analysis of exceptions, data integrity and methodology issues.
Reporting and performing validation checks on VaR movements. This will involve evaluation and analysis of market risk exposures by employing statistical and other approaches, knowledge of a Risk Systems is an advantage.
Coordinate with the Project Managers, Business, IT Departments and your counterparts in other regions.
Credit Suisse maintains a Working Flexibility Policy, subject to the terms as set forth in the Credit Suisse United States Employment Handbook.
Understands the value of diversity in the workplace and is 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.
Bachelors or Master's Degree in Finance/Statistics/Economics/Sciences/Mathematics.
Up to 4 years' of proven experience in Market Risk, Product Control, Auditing (Financial Services) or related control function
Detailed knowledge of financial products, financial markets, Volcker regulatory requirements is essential
Advanced Excel and database skills (incl. basic knowledge of VBA)
Detailed understanding of market risk methodologies: VAR and other risk measures.
Qlik, VBA, and SQL knowledge is a plus!
Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Credit Suisse complies with applicable federal, state, and local laws prohibiting discrimination in employment in every jurisdiction in which it maintains facilities. Subject to applicable law and regulatory requirements, Credit Suisse complies with state and local laws regarding considering for employment qualified individuals with criminal histories.