| Job Description: |
Department / role overview: Risk Analytics and Reporting (RAR) is responsible for the measurement and reporting of market and credit risk, and the enforcement of market risk limits throughout the bank. RMM also coordinates operational risk management for the One Bank.
Mission Statement – To identify, measure and help manage the firm’s financial risks for senior management, regulators, CS traders, and other users. Key Responsibilities: This is a contract role, ending in December 2011
You will be part of the Risk Analytics and Reporting’s Market Risk Information Team
The primary focus of the role involves coordinating and ensuring delivery on global market risk information projects/requirements being run from out of Asia. This will include validation, analysis, specification, design and implementation of VaR and Incremental Risk Charge IRC).
The key elements of these projects include planning, assessment of completeness and accuracy of the market risk and IRC inputs, specification of data feeds, processing and testing the Var and IRC model outputs used for market risk reporting
You will have experience doing project management, documentation and organizing/running various forums to update stakeholders
The role involves understanding the various market risk information processes/data model to generate the risk numbers as well as performing validation of risk numbers
This role will work closely with Strategic Risk Management Risk analysts, Risk IT, FO IT and counterparts in London, NY and India.
You will have a good understanding of market risk concepts, methodologies and data flows to ensure timely, complete and accurate data capture for market risk reporting purposes
The role will require exposure to management/analysis and understanding of various data elements used for market risk including trades, positions, sensitivities and instrument information
The role will require team management/coordination for a cross-country team based in Singapore, India, London and New York. Key skills / quals required: up to 5 years experience in a Market Risk function in a Global Investment Bank
Involvement in the application of VAR/IRC methodologies, calculations & reporting
Involvement in global project management/project participation of/for market risk information enhancement projects
Market risk/financial engineering & risk information technology systems background
Strong understanding/exposure to market risk data flows from front to back (front office systems, market risk management systems into strategic market risk data repository/reporting systems and market risk calculation engines)
Strong understanding/exposure to instrument data and reference data concepts
Strong understanding/exposure to market risk concepts, products and sensitivities
In depth knowledge of financial products, financial markets and risk drivers
Detailed understanding of market risk methodologies, VAR, IRC, ERC, etc.
Experienced at Project Management
Exposure to systems implementation, process re-engineering and systems development life cycle is highly desirable.
IT Skill/programming languages/software: SQL, some VBA knowledge, database skills; strong Excel skills
Must be able to deal with a lot of information and data methodically and accurately.
Must be able to work to tight deadlines and prioritize conflicting demands
Highly numerate and strong analytical skills
Essential: Graduate / Post-Graduate in Banking and Finance/Statistics/Mathematics/Financial Engineering
Optional: Background/training Information Technology
Preferred: CFA / FRM . As one of the world's leading financial services group, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Founded in 1856, Credit Suisse has a long tradition of meeting the complex financial needs of a wide range of clients, offering advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally. The Credit Suisse Group is active in over 50 countries and employs approximately 40,000 people. Further information can be found at www.credit-suisse.com.
Cultural diversity is essential to our success. As such, we employ people from more than 100 countries. Credit Suisse empowers employees to work openly and respectfully with each other and with clients, ultimately striving to deliver superior results while offering initiatives and programs to assist employees achieve a healthy work-life balance. . Right place, perfect opportunity
www.credit-suisse.com/careers . Credit Suisse is an Equal Opportunity Employer and does not discriminate in its employment decisions on the basis of any protected category.
To the extent permitted or required by applicable law, a candidate who is offered employment will be subject to a criminal record check and other background checks before the appointment is confirmed.
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