The ERC Methodology team is part of global Portfolio Risk Department in the Enterprise &amp; Operational Risk Management (EORM) area. This role provides an opportunity to play a central role in the development of a - the best- Economic Capital model. The team is responsible for developing the methodology for many of the components of the bank's Economic Capital model. Your responsibility would include -&nbsp; - Understanding the Economic Capital measure and its various components - Develop and refine concepts to ensure ERC framework is fit for multiple purpose (Capital, performance and risk management) - Dedicatedly seek solutions to improve material parts of the model; review and improve component; identify the relevant sources of risk and assess their bring together; - Researching alternative methodologies, and comparing them; rationalizing and test the chosen option; - Ensuring that the models adhere to internal and external policies/guidelines and pass model validation; - Documentation of the models following internal and external standards (e.g. validation, SR 11-7), also ensure models are BCBS 239 compliant; - Collaborating with quant developers and IT analyst to implement changes to the model; - Establishing processes to monitor the models to ensure they remain fit for purpose; - Presentations to senior management ensuring that model risk, technicalities, change impacts etc. are well understood; - Support embedding ERC into critical management processes of the firm, including financial planning, strategic-planning, risk appetite setting, assessment of new businesses/material trades, and ultimately performance management. You Offer We- ll be looking at your potential, your ability, your academic background and your extracurricular activities. - You have 1-2 years of experience in methodology development projects or a quantitative risk measurement role in a financial institution. Experience in Treasury risk, Pension risk, ALM modelling is desirable; - You have a degree in Quantitative Finance, Financial Engineering, Econometrics or Statistics is preferred. - You have professional qualification e.g. CFA, FRM, PRM, CA, CQF would be an advantage; - You have VBA, R, Python or SQL knowledge is an advantage; - You have deep knowledge of risk issues and investment products; - You have experience in methodology documentation is highly valued; - You have the ability to work well in a global team, handle work and build positive relationships; - You have positive personality, good communication, presentation skills; - You are able to produce high quality, accurate work, under-pressure and to tight deadlines; - You have willingness to take responsibility, challenge the status quo and ability to provide alternative solutions.

Mumbai

Navi Mumbai

Credit Suisse - Model Development/Validation Role - ERC Methodology Team 

Credit Suisse - Model Development/Validation Role - ERC Methodology Team  ,Job Description for Credit Suisse - Model Development/Validation Role - ERC Methodology Team  in Credit Suisse in  Mumbai Navi Mumbai for (1-3) years of experience. Apply Now!

Job Description for Credit Suisse - Model Development/Validation Role - ERC Methodology Team  in Credit Suisse in  Mumbai Navi Mumbai for (1-3) years of experience. Apply Now!