Credit Suisse Hiring for Strategic Risk Manager, AVP #199942 at Mumbai, India Full Time

The Credit Suisse Enterprise Risk Management (ERM) function manages APAC Division’s overall risk appetite, in line with the global risk management standard. It is responsible for building and maintaining the Division’s risk appetite with a focus on the overarching risk appetite framework, risk identification and assessment framework, scenario analysis and stress testing. Core tasks will involve: Risk Identification • Support collation of material risks identified by the Risk Identification and Assessment process across risk types and 1LoD/2LoD. • Prepare in depth presentations and deep dives for senior risk management • Link the current news events and macroeconomic developments to determine their impact on the APAC portfolio Risk Appetite • Prepare Risk Appetite Dashboard and perform risk analysis (divisional and legal entities’ level) for the APAC risk appetite measures • Support ICAAP in various APAC jurisdictions • Monitor and tracked these appetites against their respective limits • Deliver risk appetite related regulatory requirement on climate risk Stress testing • Review monthly stress testing results that will be presented in Risk Management Committee meeting • Liaise with other risk departments (e.g. credit, market, operational) to provide holistic and complete risk analysis • Design stress scenario narrative and calibrate stress shocks for all risk factors • Seek to develop and enhance stress testing methodologies and capabilities • Be knowledgeable on various Group stress testing scenarios (i.e. SFTQ, LPA, EMHL), etc. • Support Economic Risk Capital (ERC) initiatives Your future colleagues Credit Suisse APAC has an opportunity in Singapore for a risk professional (ENO-AVP level) in Enterprise Risk Management (ERM). The primary responsibility is executing ERM strategy in APAC that include stress testing, risk identification, and risk appetite. The work involves developing various methodology to analyze risks taken by businesses, enhance stress testing capability, set risk appetite level, and respond to crisis reporting, such that outsize risk in APAC division can be identified and managed. The role could involve sustainability and climate risk, working in collaboration with Reputational, Sustainability and Climate team, to deliver relevant regulatory asks. We are 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 cultural values. Credit Suisse is noted for the diversity of its employees, but seeks colleagues with a common set of abilities – highly motivated and creative individuals who have demonstrated academic achievement, and have the ability to work independently and as a member of a team. We’ll be looking at your potential, your ability, your academic background and your extracurricular activities. We consider candidate with either quantitative or business degree: Candidates should have at least three of these skills: * A Bachelor or higher degree in Economics, Finance or Business with 5-8 years of banking and finance experience * Familiarity in financial products and macro / geo-political developments in APAC * Experience on internal and Regulatory Reporting and risk appetite monitoring * Proven experience in risk management and/or model development in the financial industry * Proficiency in Microsoft Office (Excel, Word, PPT) and Excellent written skills: write concisely and organize information logically and possess outstanding presentation skills * Dedication to fostering an inclusive culture and value diverse perspectives Job: Risk Management* *Title: *Strategic Risk Manager, AVP #199942 Location: India-Mumbai-Mumbai Requisition ID: 199942