Credit Suisse Model Risk Management - Validation Specialist # 099610 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 fulfill 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.
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 London, Zurich, Mumbai, Singapore, New York, and now Warsaw. You will get exposure to modeling 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.
You will participate in independent validation reviews across a wide range of core Risk Capital or other business-impactful models used throughout the bank.
You will review, verify and validate risk models for theoretical soundness.
You will test design and identification of model weaknesses, ensure ongoing monitoring, as well as contribute in the firm-wide model risk and control assessment.
You will be expected to 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.
Open to discussing flexible/agile working.
You hold a first degree in a quantitative discipline, eg. Mathematics, Physics, Engineering, Finance, and probably a Masters or PhD.
You have a deep knowledge and understanding of Mathematics, including: linear algebra, calculus, probability theory, statistics. We would find as beneficial an understanding of the: financial mathematics, financial engineering, financial risk.
You are experienced or you demonstrate a deep understanding in at least one of the following:
o Financial modeling and model validation,
o Capital modeling,
o Financial and derivative products,
You are able to communicate effectively with senior partners and to present complex topics to a diverse range of audiences.
You have analytical, computational and communication skills.
You have hands-on experience in at least one of the following:
o Risk modeling,
o Capital modeling,
o Derivatives pricing,
o Broader financial modeling.
Experience in data management and analysis or experience in Front Office IT.
Good knowledge including programming experience of software applications such as R, Matlab, SQL and SAS.
Private medical care
Training and development
Language training course
Family – nursery and kindergarten funding, gift vouchers for Christmas
Health promotion: Multisport card, sporting events and groups within Credit Suisse (skiing trips, football team, running team, tennis training course etc.)
Employee discounts on various products and services (event tickets, consumer products, etc.)
Employee Referral Program
Flexible work schedule and working from home (home office)
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 Specialist # 099610
Requisition ID: 099610