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23/11 Vandana Negi
CWR at Credit Suisse

Views:259 Applications:72 Rec. Actions:Recruiter Actions:37

Credit Suisse - Senior Model Validator (3-8 yrs)

Mumbai Job Code: 1184172

Your field of responsibility

Join us as a model validator in the Model Risk Management team, focusing on the validation of quantitative models in the area of Credit Risk modelling (i.e. AIRB PD / LGD / EAD models).

- You will be conducting independent validation reviews of business-impactful models, meeting business needs and regulatory expectations, with the responsibility for investigating key aspects of each model under review, i.e. the choice of modelling approach, the underlying assumptions and associated limitations, performance and efficient use of the model.

- This role involves continuous interaction and collaboration with partners from a wide range of internal business areas. You will be exposed to a broad and diverse governance framework, which covers an end-to-end process of quantitative models. As part of your role you will also be responsible for creation of technical reports, including authoring and presentation of validation reports for the attention of senior management, supervisory authorities, and model-stakeholders.

Your future colleagues :

- You will work on models across all banking division within a global, dynamic, technically highly skilled and motivated team.

- We are 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 cultural values.

Your skills and experience:

To excel in this role, you should possess:

- A PhD or a Master's degree in a quantitative subject area with an advanced level of statistics is essential (e.g. Mathematics, Physics, Engineering, Statistics, Quantitative Finance)

- Up to three years of relevant experience in financial / risk modelling and / or validation with a focus on credit risk, but strong candidates with less experience will be considered as well

- Good knowledge and proven programming experience of statistical software applications, such as R, Python, SQL or SAS

- Proven ability to review, verify, and challenge quantitative models for theoretical soundness, testing design and identification of model weaknesses and ensuring ongoing monitoring

- Being able to write a technical report consolidating the final observations is a requirement

- Client focus and the ability to communicate effectively with senior stakeholders, including the ability to explain complex topics to a diverse range of audiences, which includes junior employees, senior management and internal and external partners

A general understanding of global regulatory requirements would be desirable

- Self-motivation, task focus, the ability to deliver high quality results to strict deadlines and to work within a global and diverse team while also being able to work independently

- Proficiency in English

- Dedication to fostering an inclusive culture and value diverse perspectives

Your new employer :

- Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training.

- We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.

- Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. We are committed to building a culture of inclusion with a deep sense of belonging for all of us. We will consider flexible working opportunities where possible. Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law. If you require assistance during the recruitment process, please let your recruiter know.

Women-friendly workplace:

Maternity and Paternity Benefits

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