Credit Suisse - Vice President - Market Risk

VP Market Risk consolidated Market Risk reporting role.

We offer :

Lead a team of 5-10 analysts within the Credit Suisse reporting and analytics function focusing on implementation of the ERC framework

Work closely with the ERC Program Team to test and implement the ERC framework in RFDAR R&A

Engage with key stakeholders across Senior Management, Market Risk managers, Risk IT and Finance

Oversee production and distribution of market risk reports including investigation and analysis of exceptions, data integrity and methodology issues

Ensure that the risk reports are accurate and complete along with the implementation of improved controls

To roll out enhancements in risk systems, processes and data feeds

Manage VaR, ERC, Exposure & Sensitivity Limit Monitoring

Monitoring of VaR, ERC, Exposures, and Sensitivities against limits globally across all Credit Suisse business lines

Reporting of and explanation of limit violations to senior management; Escalation and resolution of limit breaches

Manage reporting and analytics for Credit Suisse ERC and Allocated Capital:

Calculation and reporting of CS Group Position Risk ERC (99%), including analysis of portfolio changes and ERC composition over the reporting period

Preparation of the weekly executive board report which represents a snap shot of key risk limits and usages

Testing of new methodologies, parameters, and system changes

Ownership of reporting business hierarchy and liaison with relevant teams as and when reorganizations occur includes requirement to adjust historic ERC usages for new business structures

Development/improvement of reporting processes and infrastructure including control aspects

Adhoc business and senior management requests, e.g. analysis of risk, what-if scenarios etc.

You offer :

10-15 years of experience in the risk management function with knowledge of various financial and derivative products, financial markets

Good understanding of market risk methodologies: VAR and other risk measures.

Good understanding of financial Greeks and their relation to financial products and derivatives used in the calculation of various risk measures

Strong team management and leadership skills

Strong written and verbal communication skills and an ability to manage stakeholders and projects in a cross-cultural organizational matrix structure

Proven track record in project delivery/execution

Graduate/ Post-Graduate in Finance/ Statistics/ Economics/ Sciences/ Mathematics and completed/ pursuing taking the CFA or FRM qualifications would be desirable.

Proactive and self-driven with a collaborative mindset