HR at Credit Suisse
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Credit Suisse - Credit Risk Trade Analyst (4-8 yrs)
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 are a department that values Diversity and Inclusion (D&I) and are committed to realizing the firm's D&I ambition which is an integral part of our global Conduct and Ethics Standards.
Credit Suisse's Credit Risk Management (CRM) department within the Chief Risk Officer (CRO) division will be handling the credit risk-related methodologies. The Credit Analytics team in CRM has specific responsibility for development of models to capture such risks within regulatory guidelines, implementation and maintenance of such models within the bank's IT systems and ongoing monitoring / testing, documentation and communication with regulators in relation to such models and provision of related policies / processes pertinent to this.
The Credit Analytics team has an opportunity for an experienced quantitative analyst to join the Trade analysis team.
The Trade analysis team is responsible for performing pre-trade exposure calculations for live trades. This includes portfolio impacts (PE & EPE), haircut/initial margin recommendations, and in-depth analysis of structured deals. The exposures are used to determine credit charges and to understand the impact of new trades on regulatory capital as well as for monitoring exposure against counterparties by CRM.
The Trade analysis team is also responsible for determining and publishing Loan-to-Values (LTV) for collateral backed lending business. Work with Traders and CRM in addressing and improving the standard LTV methodologies.
As a Credit Risk Trade Analyst, you will play a key role within the team, duties will include:
- Calculating credit risk for live trade across all markets (FX, rates, equities, fixed income, commodities, etc.) and financial products (loans, derivatives)
- Calculate LTVs of Hedge Funds, Investment Funds, Structured Products, Money Market Instruments, Equity and Fixed Income to support the Lombard Lending business
- Checking for any discrepancy between pre and post trade analysis,
- Communicating with CRM and FO to explain credit risk issues and the need for potential ad-hoc improvements.
- Ensuring that pre trade exposure calculation tools are improved to be in line with the latest changes in methodology.
- You have a deep understanding of the value of diversity in the workplace and are 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.
- You will possess excellent technical skills and prior experience of quantitative credit risk and derivatives products.
You will have around have 4+years of experience (in a quantitative role) and be able to demonstrate the following qualifications and competencies:
- You possess strong technical skills, thorough knowledge of credit risk and derivative products with relevant banking/financial products experience.
- You hold a Bachelors- or Master's degree in quantitative or relevant discipline preferred.
- You having knowledge of database and mainstream programs (Access/Excel) and some programming skills (VBA, C++, etc.) would be advantageous.
- You are able to work well under stress and tight timelines with minimum amount of supervision.
- You have excellent verbal and written communication skills with the ability to express complex financial instruments in simple terms.
Credit Suisse is an equal opportunity employer. Embracing diversity gives us a competitive advantage in the global marketplace and drives our success.