Junior Model Validation Quantitative Analyst

Junior Model Validation Quantitative Analyst #178014Numer ref.: 178014

As a member of the MRM team, 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.
You will have chance to lead independent validation reviews across a wide range of core Risk Capital, Pricing or other business-impactful models used throughout the bank. Meeting 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. Review, verify and validate financial models for theoreti-cal soundness, testing design and identification of model weaknesses, ensuring ongoing monitoring as well as contribute in the firm-wide model risk and control assessment. Demonstrate independ-ence in planning and business 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.

Your future colleagues

Part of Independent Validation & Review (IVR) at Credit Suisse, the Model Risk Management (MRM) team has a mandate to validate the Bank's businessimpactful models firmwide 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. 
Join our diverse team and represent it in senior internal governance forums, prepare the relevant presentation materials and ensure flow of information to the respective validation teams. Participate in the relevant regulatory meetings and coordinate the activities pertaining to the material preparation.