Credit Suisse - Assistant Vice President/Vice President - Risk Modeler

AVP/VP- Risk Modeler

Your field of responsibility :

Join us as a senior model validator in the Model Risk Management team, focusing on the validation of quantitative models in the areas of Incremental Risk Charge (IRC), Economic Risk Capital (ERC), Credit Risk and Operational Risk.

You will be conducting independent validation reviews of business-impactful models, meeting busi-ness needs and regulatory expectations, with the responsibility for investigating key aspects of each model under review; i.e. e.g. the choice of modelling approach, the underlying assumptions and associated limitations, performance and efficient use of the model.

This role involves continuous interaction and collaboration with business partners from a wide range of internal business areas. Exposed to a broad and diverse governance framework, which covers an end-to-end process of quantitative models. As part of your role you will also be responsible for creation of technical reports, including authoring and presentation of validation reports for the attention of senior management, supervisory authorities, and model business partners

Your future colleagues :

- You will work on models across all banking division within a global, dynamic, technically highly skilled and motivated team.

- The department 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.

Your skills and experience :

You are encouraged to possess the below :

- A PhD or a master's degree in a quantitative field with an advanced level of statistics

- At least four years of practical experience in financial and risk modelling

- Modelling knowledge of traded financial products

- Solid grasp and programming experience of statistical software applications, such as R, Matlab, Python, SQL or SAS

- Ability to review, verify and challenge quantitative models for theoretical soundness, testing de-sign and identification of model weaknesses and ensuring ongoing monitoring

- Client focus and the ability to communicate optimally with senior partners, can explain complex topics to a diverse range of audiences, which includes junior employees, senior management and internal and external partners

- Proficiency of global regulatory requirements would be desirable

- Experience in leading projects, including supporting and guiding junior validators through the course of validation projects and serving as a technical point of contact for them, would be an added advantage

- Self-motivation, task focus, can deliver high quality results to strict deadlines and to work within a global and diverse-team while also being able to work independently

- Result oriented, dedicated, hardworking and can work on own initiative whilst also working under pressure to deliver on time with a high level of integrity, sense of urgency, attention to detail and quality standards

- 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