• Model Risk Management-Validation Jobs in Mumbai,India

  • Credit Suisse Securities (India) Pvt Ltd
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  • 1 - 3 Years
  • Posted : above 1 month

Job Description:

Model Risk Management-Validation # 128322

India-Mumbai-Mumbai |

Full-time | Corporate Functions | Job ID 128322 Risk Management English

Credit 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

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 banks 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 divisions 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 ambitious 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 Banks business-impactful models firm-wide and more generally to identify, measure and handle model risk across Credit Suisse The team is established in London, Zurich, Mumbai, Singapore, New York, and Warsaw

As an entry level member of the MRM validation team 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 teams broader model risk scope also guarantees a significant level of interest and visibility to the business and senior management

You will review, verify and validate risk models for theoretical soundness
You will test model design and identification of model weaknesses, ensuring ongoing monitoring as well as contribute in the firm-wide model risk and control assessment
You will be expected to demonstrate independence in testing design and execution, results interpretation and presentation, and the production of documentation solid enough to evidence a sound challenge to both internal and external parties

This role will involve working with a deeply broad group of partners from every part of the firm, investigating model risk and model governance standards and performing detailed validation of risk models

You Offer

You hold a first degree in a quantitative discipline, eg Mathematics, Physics, Engineering, Finance, and probably a Masters or PhD
You have deep knowledge in financial modelling and model validation or demonstrate a deep understanding of capital modeling, financial and derivative products and mathematics
You are able to communicate effectively with business partners and to present complex topics to a diverse range of audiences
You have analytical skills, computational and strong communication skills
You have hands-on experience of risk and capital modeling, derivatives pricing and broader financial modeling is desirable
Deep knowledge including programming experience of software applications such as R, Matlab, SQL and SAS

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking, Banking
Functional Area : Banks/Insurance/Financial Services
Role : Risk/Credit/Economic Analyst
Salary : As per Industry Standards
Deadline : 25th Feb 2020

Key Skills:

Company Profile:

Credit Suisse Securities (India) Pvt Ltdarfix

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