Senior Credit Risk Policy Specialist (VP)
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
This role sits within the Credit Risk Management (CRM) Global Risk Policy Team, which reports to the COO for CRM and operates independently of the regional credit teams. The policy team forms an essential component of CRM's governance and change agenda and interacts with senior leaders across multiple fields throughout the firm. Responsibilities:
- The successful candidate will assist the Director of the policy team in maintaining and developing new policies and standards, interpreting regulations and performing self-assessments, providing thought leadership on the improvement of key aspects of risk management governance and processes
- Coordinate high-profile policy-centric regulatory and strategic projects involving multiple partners
- Deliver credit risk policy training to the organization, and supporting rating model governance and development.
- Encouraged to quickly familiarize with the organization and key drivers of the policy agenda, operating with minimal oversight in managing projects and as an effective deputy to the Director of the team.
- Understands 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
- 5 to 10 years of credit experience at a large commercial bank or investment bank.
- Possess a graduate degree (preferably in finance, accounting, or economics).
- Experience in credit risk management in a policy, credit analysis or credit approval capacity in wholesale credit and counterparty credit risk management.
- Experience managing cross functional projects involving employees from multiple fields within a banking context (e.g. risk management, front office, internal audit, finance, technology, operations, etc.).
- Detailed understanding of key Global and US centric regulatory topics (such as CRD IV / CRR, Basel rules, leveraged lending, counterparty credit risk, country risk, stress testing).
- Proven understanding of Loans and Derivatives and relevant documentation.
- Detailed knowledge of the Investment Banking lifecycle and products.
- Solid understanding of credit ratings, exposure and loss concepts.
- Familiarity with Private Banking and Wealth Management product offerings is preferred.
- Familiarity with the Interagency Guidance on Leveraged Lending (SR 13-3) is a plus!
- Outstanding written and verbal communication, interpersonal and problem solving skills
- Hardworking, result oriented with the ability to learn and efficiently multi-task in a fast paced environment
- Committed with ability to work well in a team oriented setting.
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.