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23/10 Tuhina Mathur
Recruiter at Credit Suisse

Views:1972 Applications:134 Rec. Actions:Recruiter Actions:77

Credit Suisse - AVP - Model Risk Governance (3-6 yrs)

Mumbai Job Code: 503877

A Model Risk Governance professional is required to assist in the roll-out and enhancement of firm-wide management and monitoring of model risk. The role will involve:

We Offer

- Identifying and managing model risk across the bank, including leading independent reviews of models, meeting business needs and regulatory expectations, with responsibility for highlighting key aspects of models under review.

- Supporting Model Risk Management Program rollout and the - Business As Usual- (BAU) process of establishing strong model governance across Credit Suisse businesses.

- Supporting the MRM management team to establish or review internal processes, such as tracking of tasks and project status, and to achieve its goal of delivering a business-focused, regulatory compliant model risk management framework at Credit Suisse.

- Model remediation for setting improved local controls, governance, documentation, preparing models for independent validation, following up with corrective action plans through model owners.

- Conducting periodic model risk and control assessments.

- Effectively using model inventory database for model risk reporting, establishing new processes for model annual reviews using model inventory infrastructure.

- Be and remain up to date on regulatory requirements and adapt those requirements through model documentation templates, infrastructure and model risk policy reviews.

- Supporting CRO self-assessment programs, regulatory feedback gap analysis.

- Planning and stakeholder engagement, results interpretation and presentation.

- Continuous interaction and collaboration with stakeholders from a wide range of internal business areas, internal and external audit as well as regulatory authorities.

- Responsibility for the creation of model risk reports, including presentation of validation reports for the attention of senior management, regulatory authorities, and model stakeholders.

- Task tracking and management, data management, stakeholder management, developing reporting processes, etc.

You Offer

- 2-6 years of practical experience in the financial services industry. Financial/Business risk (eg. Market/Credit/Operational/Enterprise) experience desirable.

- A bachelor's degree in a relevant discipline; post graduate qualifications (Masters in Finance, MBA, etc.) preferred.

- Proficiency in Excel is required for data analysis and report generation, along with the ability to develop compelling PowerPoint presentations.

- Client focus and the ability to communicate effectively with senior stakeholders, including the ability to explain complex topics to a diverse range of audiences.

- Interested in financial modeling, business process and banking regulations.

- Strong drive, motivation, customer focus (e.g. key stakeholders), proactivity and willingness to take ownership going the extra mile to achieve high quality of outputs and service.

- Candidates should be self-motivated, disciplined, task focused, able to structure their work and have a proven record of delivering high quality results to strict deadlines.

- Attention to detail coupled with a good top-down perspective.

Desirable:

- Experience of risk and capital modeling, derivatives pricing and/or broader financial modeling.

- Experience in data management and analysis or in Front Office IT would be an advantage.

- Additional certifications such as CFA, FRM, PRMIA, etc.

- A general understanding of global regulatory requirements is desirable to be a credible counterpart given the huge and challenging variety of models in scope.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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