Credit Suisse - Market Risk Manager

Your field of responsibility

An exciting opportunity to join a high visibility Market Risk Scenarios team in Mumbai. The team is mandated to perform designing / analysis / validation of scenarios for various businesses of the bank, as required by front office, senior risk management personnel, regulators, rating agencies, audit etc. The role offers excellent learning and career growth opportunities, interaction with cross-regional departments across Chief Risk Organization (CRO), and work with senior risk managers.

CRO Division:

The Chief Risk Officer (CRO) Division acts as guardian of the bank's risk appetite and provides effective and independent risk oversight: Challenge and proactively engage with the business in crafting its risk profile, strengthening the first Line of Defense (LoD) and aligning its strategy execution with shareholders' and regulatory requirements. Maintain a comprehensive bank-wide risk appetite framework and run well-controlled risk processes ensuring an effective bank-wide second LoD. Pro-vide partners with clarity on all risk-related matters and ensure timely assessment and escalation. Continuously strengthen the risk function by attracting, developing and retaining top talents and cultivate continuous learning throughout the organization.

Primary Responsibilities:

This role comes under the equity scenarios team in market risk department. The applicant will need to have exposure to risk management fundamentals, strong verbal and written communication skills combined with an understanding of financial markets. Exposure to derivative pricing concepts or strong quantitative background will be an advantage.

The role is responsible to deliver the following critical functions for Equities business:

- Understanding counterparty market risks in Equity derivatives portfolio.

- Automating and generating suitable reports on large sets of data with the help of R/Python scripting languages

- Designing new tools to provide more granular insights with various attributes of market risk related data

- Improving & enhancing the existing IT framework as per increased complexity of requirements

Your future colleagues

We are a highly motivated and creative team, with proven knowledge of the derivatives portfolio and the stress testing framework. We are constantly looking to develop new solutions that combine both risk and technology. We seek to enrich our knowledge, challenge the status quo and work collectively on interesting problems, coordinate with a diverse set of partners across the firm. The team is very cohesive and agile, simultaneously working together on a range of projects.

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.

Your skills and experience

We are looking for a talented, experienced, self driven and motivated individual to join the Mumbai Market Risk Equities Stress Testing team.

The candidate should have:

- Proficiency in programming and IT skills, mainly in R/Python/VBA

- Ability to work independently in a team of analysts

- Ability to come up with creative IT solutions to business problems

- At least 4-6 year experience in stress testing, any asset class is preferable

- Basic knowledge of equities vanilla products and various risks associated in them

- Higher educational degree in finance, professional certification eg CFA / FRM would be an ad-vantage

- Work well in a team and build positive relationships. Manage partners expectation & deliverables under pressure and within deadlines

- Dedication to fostering an inclusive culture and value diverse perspectives

Your new employer

Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training.

We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive ad-vantage in the global marketplace and drives our success. Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law. If you require assistance during the recruitment process, please let your recruiter know.