Credit Risk Audit Manager # 103315

The Internal Audit Department plays a pivotal role in safeguarding the Banks control framework, seeking at all times to deliver insightful and value-adding audits that help improve the way the Bank runs its business. We are currently seeking an extraordinary individual to take on the role of credit risk internal auditor - VP level role. This role has a focus in participating in audits on a global basis.

  • Maintaining subject matter expertise including: standard methodologies, regulatory requirements and key control processes

  • Lead audits from start to finish, including developing the specific audit program and assigning roles and responsibilities to audit team

  • Responsible for monitoring audit budget and ensuring relevant audit metrics are met and communicating issues as appropriate

  • Review and assess Basel regulatory compliance to ensure all relevant Basel requirements are met

  • Maintaining a deep understanding of subject matter relating to credit risk measurement and management, including review and assessment of credit risk regulatory compliance across the various jurisdictions and associated regimes

  • Participate in QA of self-assessments covering policies and procedures framework for credit risk against regulatory provisions for: Capital Requirements Directive (CRD) IV, Basel III and CCAR relating to Counterparty Credit Risk

  • Participate in the delivery of audit plan relating to processes and measurement approaches to ensure the use of sound risk management controls and regulatory compliance

  • Assist the Head of Audit in executing programs of continuous risk and performance monitoring (e.g. business developments, emerging risks and control issues)

Typical activities of an Internal Auditor will include:

  • Participation in global audits of the Credit Risk Management or Counterparty Credit Risk Management functions

  • Completion and documentation of assigned audit work within budgeted time constraints

  • Advise senior audit management of ongoing issues

  • Liaise and direct the global audit team in the execution of risk audits during the audit

  • Raise, draft and clear audit observations with partners

  • Draft and prepare audit reports for final clearance and delivery with senior Internal Audit management

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

  • Ideally a Combination of at least 2-3 years IA with 5-7 years of direct Credit Risk experience or, if not IA experience in a role assessing the effectiveness of credit risk controls

  • Familiarity with FINMA / PRA requirements on top of FRBNY requirements preferred