Equity Derivatives Model Risk Management - Validation (VP)

Credit Suisse
Lambeth, UK
10 Sep 2019
02 Oct 2019
Contract Type
Full Time
Job Description - Equity Derivatives Model Risk Management - Validation (VP) # 136330 (136330)Job Description Equity Derivatives Model Risk Management - Validation (VP) # 136330United Kingdom-London-London | Full-time (FT) | Corporate Functions | Job ID 136330Quantitative AnalysisEnglishCredit 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 Offer 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 London,
Zurich, Mumbai, Singapore, Warsaw, Hong Kong and New York.

As a member of the MRM team in London, you will get exposure
to modelling in a wide variety of models in areas such as pricing and risk
models (VaR/RNIV, EPE) and other business-impactful models used throughout the
bank etc.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 business partners as well as peers are
numerous, allowing you to widen and develop their network and reputation.

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 Conduct and Ethics Standards

offer you the opportunity to manage independent validation reviews across
a wide range of core Risk Capital, Pricing or other business-impactful
models used throughout the bank. You
will be required to meet business needs and regulatory expectations with
responsibility for investigating key aspects of each model under review:
choice of modelling approach, the underlying assumptions and associated
limitations, performance and optimal use of the model, etc.You
will review, verify and validate financial models for theoretical
soundness, testing design and identification of model weaknesses, ensuring
ongoing monitoring as well as contribute in the firm-wide model risk and
control assessment.Being
part of our diverse team and represent it in senior internal governance
forums, craft relevant presentation materials and ensure flow of
information to the respective validation teams.You
will participate in the relevant regulatory meetings and coordinate the
activities pertaining to the material preparation.We expect you to
demonstrate independence in planning and business partner engagement, testing
design and execution, results interpretation and presentation, and the
production of documentation that evidences a sound challenge to both internal
and external parties.
You Offer You
hold a Masters or PhD in a quantitative discipline, e.g. Mathematics,
Physics, Engineering with experience in financial modelling and/or model
have experience in financial modelling for Equity Derivatives products.
Focus on Market Risk models (VaR, RNiV, FRTB) is an added advantage.You
have hands-on experience in risk and capital modelling, derivatives
pricing and should be able to demonstrate a deep understanding of capital
modelling, financial and derivative products and mathematics.You
have a partnering mindset, with a practical approach to problem solving
and effective communication with senior business partners, including the
ability to explain complex topics to a diverse range of audiences.Good
programming experience is a plus (such as C#, F#, Python or R).You
are highly motivated, disciplined, task focused and have a proven record
of delivering high quality results to strict deadlines.

the value of diversity in the workplace and is 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.Credit
Suisse is committed to providing equal employment opportunities, regardless of
ethnicity, nationality, gender, sexual orientation, gender identity, religion,
age, civil partnership, marital or family status, pregnancy, disability or any
other status that is protected as a matter of local law Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

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