CCR - Scenarios and Stress Testing AVP-VP- CRM- Mumbai - Credit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Credit Suisse has expanded to be a global strength employing over 45,000 people in 50 countries. With new leadership, a new strategy and a streamlined global organization, we are set for growth. We partner across businesses, divisions and regions to build creative solutions to meet the needs of our clients- and to help our employees grow. It is a high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Credit Suisse together. - Credit Risk Management Credit Analytics is a unit within the CRO Division. We are responsible for developing, maintaining and documenting the models and methodologies used to measure credit risk. - These activities involve frequent interaction with a number of significant business partners such as front office, credit risk management, financial accounting as well as auditors and regulators. - Given enhanced regulatory scrutiny of large banks and changing business landscape, our area has seen a significant increase in the number of credit risk models. - We are therefore looking to establish a team to cope with the additional workload and at the same time remain enthusiastic. - An exciting opportunity to join the Scenarios &amp; Stress Testing Team within CRM Credit Analytics. The team is responsible for developing and improving the methodology as part of the counterparty credit risk team, as well as analyzing the portfolio of the bank. The team analyzes the overall counterparty credit risk / exposure of the bank for various scenarios and implements various internal and regulatory methodologies to compute scenario exposures. We Offer: - Develop and improve the Stress testing framework and methodology and ensure they are aligned with regulators and appropriate for internal risk management - Actively participate in the remediation work to improve Stress testing methodology. - Driving Regulatory framework changes relating to Stress Testing; working closely with business and senior management to ensure fit for purposes methodologies for key portfolios of interest. - Design methodology to calculate scenario exposure for both the trading and banking books in the context of CCAR, LPA, ICAAP, FWST. - Manage key business partners(e.g. Senior Management, Credit Risk Managers, and Enterprise Risk Management) by answering their requests, assuring an efficient partnership within different departments, maintaining a strong communication and by explaining at a suitable level movements and drivers of the various models and approaches used within Counterparty Credit Risk. - Support the strategic scenario infrastructure initiative; define and document business requirement for counterparty credit risk stress testing for strategic implementation The new hire should be able to communicate the risks of a trade or a portfolio in a clear and concise manner (both written and orally). Key clients of the Scenarios &amp; Stress Testing team are Credit Risk Management (CRM), Front Office and Regulators. If you have excellent technical skills and some prior experience of quantitative credit risk and derivatives products. You Offer: - You have Strong technical skills, thorough knowledge of credit risk and derivative products with significant banking/financial products experience - You are a Bachelors or Master's degree in quantitative or relevant discipline required. - You have an Excellent understanding of external regulations and their impact on stress test methodologies and business portfolios - You have knowledge of database and mainstream programs (Access/Excel) and some programming skills (VBA, C++, R, etc.) is an advantage. - You have good analytical skills in a banking, financial markets or consulting environment. - You have strong verbal and written skills, with an ability to explain analytical issues and synthesize complex analyses in a form that is appropriate for management interactions Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success

Mumbai

Credit Suisse - AVP/VP - Scenarios & Stress Testing - CCR 

Credit Suisse - AVP/VP - Scenarios & Stress Testing - CCR  ,Job Description for Credit Suisse - AVP/VP - Scenarios & Stress Testing - CCR  in Credit Suisse in  Mumbai for (4-10) years of experience. Apply Now!

Job Description for Credit Suisse - AVP/VP - Scenarios & Stress Testing - CCR  in Credit Suisse in  Mumbai for (4-10) years of experience. Apply Now!