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CRO Regulatory Coordination Pillar 2

Employer
Credit Suisse
Location
Zurich, Switzerland
Salary
Competitive
Closing date
Nov 20, 2019

View more

Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
We Offer
Credit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Credit Suisse has expanded to be a global force employing over 45,000 people in 50 countries. With new leadership, a new strategy and a streamlined global organization, we are set for growth. We partner across businesses, divisions and regions to create innovative solutions to meet the needs of our clients-and to help our employees grow. It is a high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Credit Suisse together.

CRO (Chief Risk Officer) Regulatory Coordination Team


The CRO Regulatory Risk management team provides a regulatory consultancy service to the bank on all issues that impact compliance of the bank's risk models and risk management framework. The team's activities include providing expert rules interpretation advice to all levels of management in CRO, managing regulatory visits and information requests involving risk management issues, analysing new regulatory rules, and managing the annual rules self-assessment process. The team's coverage is global and covers market, credit and operational Risk. The team currently consists of about 23 people located into London, Zurich, New York & Singapore.

We offer

The CRO Regulatory Risk Management team has an opportunity for an experienced regulatory and risk management professional to coordinate CRO related regulatory interactions around Pillar 2, Stress testing and BCBS 239 on Risk Data aggregation and Reporting. The role will report to the Swiss Regional Regulatory lead within the CRO Regulatory Risk Management team. In this diverse environment you manage the Group Pillar 2, Stress testing and BCBS 239 dialogues with FINMA. The main responsibilities of our team are:
  • You participate and contribute in managing the FINMA regulatory dialogues and supervisory review on Pillar 2, Stress testing (LPA) and BCBS 239 including setting agendas, briefing key stakeholders before the meetings on key themes and questions, putting together presentations for meetings, answering post-visit regulatory letters and tracking remediation items.
  • Contribute to coordinating all ad-hoc information requests from FINMA related to Pillar 2, stress testing and BCBS 239 including review of final responses for accuracy and messaging prior to regulatory submission.
  • Prepare and participate in regular briefings on regulatory Pillar 2, stress testing and BCBS 239 interactions and commitments with CRO management and provide input into monthly risk reports, Group and divisions on these topics.
  • Analyse new regulations related to Pillar 2, stress testing and Risk Data aggregation and Reporting, including assessment of impact on CRO's risk processes. Participate and review the annual self-assessments against Pillar 2, stress testing and Risk Data aggregation and Reporting rules.
  • Work with risk specialists in other departments to ensure that CRO's processes and responses meet the regulatory expectations related to Pillar 2, stress testing and BCBS 239.

The successful candidate will be expected to interface with CRO and CFO divisional senior management and partner with Risk modellers and managers to ensure successful regulatory interactions.

You Offer

You offer
  • Do you possess at least 5 years of financial sector experience, preferably in a CRO or CFO function in an investment bank, a consultancy firm or as a regulator? Previous work experience on stress testing submissions is preferable.
  • A post graduate qualification in Finance such as e.g., ACA, MSc, CFA, GARP, PRM, or PRMIA FRM (or equivalent) is helpful
  • Excellent knowledge of risk management concepts such as risk identification, market & credit risk measurement techniques, capital adequacy rules, internal capital adequacy assessments and stress testing.
  • Deep understanding of Basel and Pillar 2 regulations in areas of risk management, stress testing and capital adequacy.
  • Desire to get into detail of the rules, including taking both a legalistic approach and also understanding the "spirit" behind the regulation.
  • Excellent interpersonal skills as well as written and verbal communication skills, including an ability to provide clear and comprehensive responses, and "make complexity simple".
  • A high attention to detail and ability to challenge quality / consistency of documents.
  • Strong project management skills combined with a partnering mindset, proven organization, coordination and action tracking skills.
  • You are a dedicated problem solver with a positive, empathetic personality and can-do attitude who loves to prioritize multiple challenging priorities and assignments


*LI-CSJOB*

Ms. B. Ott would be happy to receive your application.
Please apply via our career portal.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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