Credit Suisse Model Risk Management – Validation Lead # 090678 in Warsaw, Poland
The Risk division is a highly visible, dynamic area of the firm where you can be an integral part of decisions making that supports the bank’s business. Our responsibilities range from enterprise risk management to risk and finance reporting and regional risk teams covering the risk management for our entities. The Risk division's long-term success depends on our ability to achieve our vision and fulfil our mandate. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a collaborative and entrepreneurial environment that offers direct contact with senior management and encourages leadership at all levels.
Part of Enterprise Risk Management (ERM) at Credit Suisse, the Model Risk Management (MRM) team has a mandate to validate the Bank's business-impactful models firm-wide and more generally to identify, measure and manage model risk across Credit Suisse. The team is established in New York, London, Zurich, Warsaw, Mumbai and Singapore.
As a member of the MRM team, you will get exposure to modelling in a wide variety of risk areas such as credit risk, market risk, operational risk etc. The current heightened regulatory focus on these areas and the team’s broader model risk scope also guarantees a significant level of interest and visibility to the business and senior management. Opportunities to present results to stakeholders as well as peers are numerous, allowing you to widen and develop your network and reputation.
You will be leading independent validation reviews across a range of capital planning models to meet business needs and regulatory expectations.
You will also be responsible for investigating key aspects of each model under review.
You will review, verify and validate risk models for theoretical soundness, testing design and identification of model weaknesses.
You will ensure ongoing monitoring and commit in the firm-wide model risk and control assessment.
You will demonstrate independence in planning and partner engagement, testing design and execution, results interpretation and presentation, and the production of documentation strong enough to evidence a sound challenge to both internal and external parties.
You will work with an incredibly broad group of partners from every part of the firm, investigating model risk and model governance standards and performing detailed validation of risk models.
Open to discussing flexible/agile working.
You hold a first degree in a quantitative discipline, e.g. Mathematics, Physics, Engineering, Finance, and probably a Masters or PhD.
You have extensive experience in financial modelling and/or model validation. Hands-on experience of statistical or econometric modeling is needed.
You are client focused and able to communicate effectively with senior partner, including the ability to explain complex topics to a diverse range of audiences.
You are experienced in people management, ideally in the context of model validation and/or financial modeling.
You are self-motivated, task focused and able to deliver high quality results to strict deadlines.
Good knowledge including programming experience of software applications such as R, Matlab, SQL and SAS.
Experience in data management and analysis or in Front Office IT would be an advantage.
Broader experience in risk and capital models would be an asset.
If you apply for this role this means you agree with the following statement:
“Through my application for a role with Credit Suisse (Poland) sp. z.o.o. (the Company) I hereby authorize the Company to process my personal data for the purposes of job recruitment. Furthermore I declare that I am aware of the voluntary submission of data and I am informed about the right to access the data and the right to correct it, pursuant to the Personal Data Protection Act of 29 August 1997 (Journal of Laws [Dz.U] No. 133, item 883)”. I authorize Company to process my personal data for future recruitment processes.
Furthermore, I authorize Credit Suisse Group AG and its’ affiliates, Taleo (UK) Limited, cut-e AG Kleiner Burstah 12 and milch & zucker The Marketing & Software Company AG to process my personal data.
Credit Suisse and affiliates registration details.-
Credit Suisse (Poland) sp. z.o.o Registered office - 1 Icchoka Lejba Pereca street, 00 - 849 Warsaw
Credit Suisse Group AG Registered office - Paradeplatz 8, 8001 Zurich, Switzerland and its’ affiliates
Taleo (UK) Limited Registered office - 78-586 Chiswick High Road, London W4 5RP, United Kingdom,
Cut-e AG Kleiner Burstah 12 Registered office - 20457 Hamburg, Germany and
Milch & Zucker The Marketing & Software Company AG Registered office - Küchlerstraße 1, 61231 Bad Nauheim “
Title: Model Risk Management – Validation Lead # 090678
Requisition ID: 090678