Senior Risk Modeler Senior Risk Modeler …

Credit Suisse
in Raleigh, NC, United States
Permanent, Full time
Be the first to apply
Credit Suisse
in Raleigh, NC, United States
Permanent, Full time
Be the first to apply
Credit Suisse
Senior Risk Modeler
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
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.

The Risk division is a highly visible, dynamic area of the firm where you can be an integral part of decisions making that supports the bank's business. Our responsibilities range from enterprise risk management to risk and finance reporting and regional risk teams covering the risk management for our entities.
The Risk division's long-term success depends on our ability to achieve our vision and fulfill our directive. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a coordinated and results-oriented environment that offers direct contact with senior management and encourages leadership at all levels.

The Model Risk Management (MRM) team has a directive to validate the Bank's business-impactful models firm-wide and more generally to identify, measure, and manage model risk across Credit Suisse. The team is established in London, Zurich, Mumbai, Singapore, New York, Warsaw and now Raleigh.
As a senior member of the MRM validation team you will get exposure to modeling in a wide variety of risk areas such as credit risk, market risk, operational risk etc. The current heightened regulatory focus on these areas and the team's broader model risk scope also guarantees a significant level of interest and visibility to the business and senior management.
  • Serve as a major contributor of the MRM Investment Bank Stress Testing (IBST) team in Raleigh, providing mentorship to the team members on specific projects as well as their developments,
  • Manage the relationship between the IBST team and Raleigh business partners, as well as represent the EMV team in local affairs,
  • Review, verify and validate a large variety of models for theoretical soundness,
  • Test model design and identify model weaknesses, ensuring ongoing monitoring as well as chip in the firm-wide model risk and control assessment,
  • Ensure all the validations performed in the Raleigh team are consistent with MRM policies and procedures, and keep comprehensive documentations of your work,
  • Chip in the team building and development for the overall EMV group.

Credit Suisse maintains a Working Flexibility Policy, subject to the terms as set forth in the Credit Suisse United States Employment Handbook.

You Offer
  • Understand the value of diversity in the workplace and is 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. This should be further elaborated on in your application.
  • Equivalent experience of least 6 years in similar industry is preferred!
  • A Master’s degree or higher in a quantitative subject area, e.g. Mathematics, Physics, Engineering, and Finance/Economics. Applicant with Ph.D. degrees and fewer years of experience may be considered.
  • Knowledge in financial modeling and model validation and can demonstrate outstanding understanding of capital modeling, financial and derivative products and mathematics.
  • Strong communication skills. With ability to communicate efficiently with business partners and to present complex topics to a varied range of audiences.
  • Do you possess ability to direct a team of professionals?
  • Analytical and computational skills in addition to a strong understanding of qualitative methodologies.
  • Strong presentation and collaboration skills with the ability to work within a distributed team is a plus!
  • Programming experience of software applications such as R, Matlab, SQL and SAS is desirable.

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Credit Suisse complies with applicable federal, state, and local laws prohibiting discrimination in employment in every jurisdiction in which it maintains facilities. Subject to applicable law and regulatory requirements, Credit Suisse complies with state and local laws regarding considering for employment qualified individuals with criminal histories.
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