Quantitative Risk Modeler, AVP #215124

The Risk division is a highly visible, dynamic area of the firm where you can be an integral part of decisions 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 directive. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a coordinative and ambitious environment that offers direct contact with senior management and encourages leadership at all levels.

Key Responsibilities:

• You will be responsible for conducting in-depth analytical reviews of the model inventory, by performing full model validation, periodic/focused reviews, and ongoing monitoring as set by MRM policies.
• You will manage the positive relationship between the IBST team and partners, as well as represent the EMV team in local affairs,
• You will review, verify and validate a large variety of models for theoretical soundness, input data, model implementation, model robustness, etc.
• Identify and manage model risk across the full model lifecycle including model development, model implementation, model use, and model monitoring.
• You will test model design and identify model weaknesses, ensuring ongoing monitoring as well as give effective and efficient inputs in the firm-wide model risk and control assessment
• You will ensure all the validations performed in the team are consistent with MRM policies and procedures, and keep comprehensive documentations of your work,
• You will contribute in building positive relationships and development for the overall EMV group, and provide mentorship to junior model validators.

Your future colleagues

The Model Risk Management (MRM) team has a directive 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, New York, Warsaw and now Raleigh. As a senior member of the MRM validation team you will get exposure to modeling in a wide variety of risk areas such as credit risk, market risk, operational risk etc. The current heightened regulatory focus on these areas and the team’s broader model risk scope also guarantees a significant level of interest and access to the business and senior management. 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 cultural values  

Yes