Credit Risk Portfolio Manager (AVP)
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse. We Offer
The Chief Risk and Compliance Officer function is a highly visible, dynamic area where you can be an integral part of the decision-making that supports the bank's business. We drive strategic and sustainable returns, and offer risk, controls and regulatory advice. You will be part of a team that is renowned for its fast-paced, collaborative and diverse work environment. We believe our colleagues are our best asset.
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 Conduct and Ethics Standards.
Credit Risk Management is seeking an Assistant Vice President for its Portfolio Management team to manage regulatory requests and assist with project execution. The ideal candidate will be comfortable working in partnership with various business units to deliver projects as required.
- Lead the preparation of materials for regulatory information requests/ meetings, with close collaboration required across a wide range of partners including Risk, Quantitative Analysis & Technology (QAT), Reporting and Front Office teams. This includes both monthly close & continuous PRA meetings, semi-annual CCR and IRB meetings and other ad hoc interaction with regulators to address topical issues.
- Support regulatory activities to ensure ongoing compliance with the PRA waivers including aggregation and review of quarterly reporting pack for the PRA, monitoring of IMM controls and liaison with partners (e.g. QAT and CRO Change).
- Co-ordinate and perform regulatory self-assessments to ensure ongoing compliance with (PRA/ EBA) credit risk rules, covering both UK and EU entities where applicable.
- Support regulatory change, liaising with the regulatory co-ordination team to provide input on consultation papers, and other ad hoc emerging regulatory changes/ issues (e.g. Climate Risk) impacting credit risk.
- Undertake front-to-back reviews of credit risk frameworks to enhance credit risk policy and processes, and to promote alignment across legal entities and IB Division (e.g. Market Risk and Credit Risk product reviews for London Branch).
- In collaboration with IB COO, lead departmental and change initiatives in EME A.
- Demonstrated ability in Credit Risk Management with a track record of regulatory engagement.
- Experience in Credit Risk Management at a large investment bank covering financial institutions (or equivalent experience elsewhere)
- Bachelor's Degree in Accounting / Finance / Economics; credit training preferred; or equivalent experience
- Hardworking, result oriented with strong analytical skills, attention to detail
- Outstanding written and verbal communication and interpersonal skills
- Ability to work on accelerated timelines
- Ability to deliver high quality work with modest supervision
- You understand the value of diversity in the workplace and are 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.
Credit Suisse is committed to providing equal employment opportunities, regardless of ethnicity, nationality, gender, sexual orientation, gender identity, religion, age, civil partnership, marital or family status, pregnancy, disability or any other status that is protected as a matter of local law.
Credit Suisse is committed to providing equal opportunities, regardless of ethnicity, nationality, gender, sexual orientation, gender identity, religion, age, civil partnership, marital or family status, pregnancy, disability or any other status that is protected as a matter of local law.
Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success