Credit Suisse - AVP - Market Risk Reporting

Credit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Credit Suisse has expanded to be a global force employing over 45,000 people in 50 countries. With new leadership, a new strategy and a streamlined global organization, we are set for growth. We partner across businesses, divisions and regions to create innovative solutions to meet the needs of our clients- and to help our employees grow. It is a high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Credit Suisse together

Team Description:

RFDAR is globally led by Melanie Neill and reports to the Chief Risk Officer (CRO); the function is located across all major locations and is responsible for:

(1) Market risk information management & reporting

(2) Credit risk information management & reporting

(3) Finance information management and capital reporting

(4) Operational risk information management and reporting

(4) Managing development and implementation of risk and finance systems

(5) Regulatory change and coordination, establishing policies covering market risk, credit risk, operational risk and finance

The RFDAR Market Risk - Risk Reporting is part of RFDAR and is globally led by Gulsh Mandair. Market Risk- Risk Reporting comprises approximately 60+ staff globally with presence in Mumbai, Wroclaw, Singapore, London and New York. The team has overall responsibility for Stakeholder management & ownership of Market Risk Reports for risk and finance data for measurement, analysis and subsequent reporting to senior management, regulators and traders as well as Market Risk Managers.

We offer

- The Market Risk - Risk Reporting Team in Mumbai is seeking to recruit a Team Lead to join the growing team.

- The successful candidate will be responsible for managing a team of Market Risk Analysts covering risk reporting for trading desks.

- The incumbent would be needed to build and maintain healthy relationship with various Stakeholders to enable faster and accurate cluster risk approval on daily basis by taking ownership of all risks data, providing sufficient explanation and doing deep dives with Risk Managers to provide complete and accurate Risk picture to the business.

Role covers:

Single point of contact for:

- Ensure all deliverables of team are of high quality and are delivered on time.

- Daily interaction/escalation point of stakeholders for the covered desks/clusters

- Changes: To participate as Subject Matter Expert from risk-reporting business perspective in regulatory, strategic projects and other changes/initiatives

- Provide coverage for the team by working as analyst reports per the situation.

- Proving SME capabilities to team by independently handling complex work, projects and report changes of various work streams.

- Driving efficiency goal of the division by proactively and constantly looking for improvement, automation in the BAU activities.

- Working independently as Team Lead by ensuring work planning, resource management and known issues are constantly followed up, updated and reviewed,

- Proving management support to senior management by providing timely and regular information, statistics, support and updates in various ongoing activities and initiatives

Managerial Aspects:

- Responsible for career progression, management and touch-point of direct reportees

- Building SMEs/talent base of team by constantly nurturing the right talent, providing them right platform, for them to grow and perform.

- Foster engagement and retention of talents through developing the capabilities of a high performing organization. Strengthen the foundation for strong leadership, building strong people leaders; reinforce trust, partnership and accountability.

- Actively manage effective team structures, and implement process re-engineering, use of automation/robotics and other options to ensure efficient team structures, contributing to overall RFDAR Transformation & Innovation agenda. Develop / maintain team level measurable metrics to showcase efficient team structures and FTE utilizations.

- Operate in a well-controlled environment in Market Risk Reporting, whilst promoting positive management culture and acting in accordance with CS Business Conduct Behaviors. Ensure full compliance to set controls within team and all processes.

You OFFER:

Looking for an experienced candidate with 5-8 years of financial service/Investment Banking experience with strong Risk management background

Key Skills required:

- Strong People Leadership and communication skills

- Problem solver having strong analytical skills

- Having an eye for detail, control-focused mindset

- Subject Matter Expertise in any of the asset classes Equity / Fixed Income

- Solid understanding of market risk methodologies: VAR and other risk measures.

- In-depth understanding of financial greeks and their relation in the calculation of various risk measures for specific products.

- Prior experience of handling senior business stakeholders

- Prior experience of handling team of 3-6 Analysts

Qualifications:

- Post-Graduate in Finance/Statistics/Economics/Sciences/Mathematics

- Completed or currently taking the CFA or FRM qualifications would be highly desirable