Model Development for Mumbai (Powai) Location We Offer: The team is responsible for developing the methodology for many of the components of the bank's Economic Capital model. The responsibilities of the candidate would include: - Understanding the Economic Capital measure and its various components; - Developing, enhancing and maintaining economic risk capital models (e.g. Pension risk, Business risk, etc.); - Proactively seek solutions to improve material parts of the model; review and improve component; identify the relevant sources of risk and assess their capture; - Researching alternative methodologies, and comparing them; justifying and test the chosen option; - Ensuring that the models adhere to internal and external policies/guidelines and pass model validation; - Documentation of the models following internal and external standards (e.g. validation, SR 11-7), also ensure models are BCBS 239 compliant; - Collaborating with quant developers and IT analyst to implement changes to the model; - Establishing processes to monitor the models to ensure they remain fit for purpose; - Presentations to senior management ensuring that model risk, technicalities, change impacts etc. are well understood; - Support embedding ERC into critical management processes of the firm, including financial planning, strategic planning, risk appetite setting, assessment of new businesses/material trades, and ultimately performance management. You Offer: - At least 8+ years of experience in methodology development projects or a quantitative risk measurement role in a financial institution. Experience in Treasury risk, Pension risk, ALM modeling is desirable; previous Economic Capital experience is desirable - Previous experience in leading methodology development projects and supervising quantitative analysts would be an advantage - A candidate with degree in Quantitative Finance, Financial Engineering, Econometrics or Statistics is preferred. Accounting knowledge is desirable; - Professional qualification e.g. CFA, FRM, PRM, CA, CQF would be an advantage; - VBA, R, Python or SQL knowledge is an advantage; - General knowledge of risk issues and investment products; - Experience in methodology documentation is highly valued; - Ability to work well in a global team, manage work and build relationships; - Positive attitude, good communication, presentation skills; - Ability to produce high quality, accurate work, under pressure and to tight deadlines; - Willingness to take responsibility, challenge the status quo and ability to provide alternative solutions.

Mumbai

Credit Suisse - Model Development Role - Economic Capital 

Credit Suisse - Model Development Role - Economic Capital  ,Job Description for Credit Suisse - Model Development Role - Economic Capital  in Credit Suisse in  Mumbai for (7-11) years of experience. Apply Now!

Job Description for Credit Suisse - Model Development Role - Economic Capital  in Credit Suisse in  Mumbai for (7-11) years of experience. Apply Now!