Beschreibung
For our banking client in Zurich, we are looking for a
Credit Risk - Stress Testing Subject Matter Expert
Start date: ASAP
Duration: 6months +
Location: Zurich
You will join the Global Stress testing group of the Swiss bank and be part of a small team, reporting directly into global head of stress testing methodology. This newly formed challenge function sits within group stress testing methodology team which is responsible for ensuring stress testing standards across the bank.
The candidate will be responsible for understanding existing set of stress testing models, analysing the key drawbacks and limitations as well as working with existing stress testing model owners.
The candidate will be responsible for credit risk stress testing methodology for lending and counterparty exposures.
Responsibilities:
- Establish appropriate leadership and coordination of credit risk stress testing results which feed into firm wide stress testing analysis.
- Take the lead on establishing credit and market risk methodology
- Reviewing stress testing results before these are submitted to senior management and Board of Directors, as well as to FINMA.
- Presenting methodology developments along with impact analysis to senior management, regulator (FINMA) and Board of Directors.
- Feed the results of stress testing into internal risk appetite/limit setting process
- Integrate stress testing results with business decision making process.
- Working closely with Credit Risk modelling team to understand and provide effective challenge to approaches developed by the team.
- Coming up with alternative challenger approaches to benchmark results driven by the primary models developed by Credit Risk modelling team.
Qualifications: 6 to 10 years' experience as a SME on credit risk, within Global banking environments:
- Experience in a credit risk function, focused on corporate and retail loans/Over the Counter derivatives/SFTs
- Understanding of complex investment banking products/risks
- Solid understanding of credit stress testing methodology, especially for lending books and counterparty credit risk
- Track record of developing/enhancing credit stress testing methodology
- Excellent financial modelling skills with a strong quantitative background
- Degree in finance with quantitative background
- Available rapidly and willingness to relocate to ZurichSME, Subject matter expert, Credit risk, ERM, Enterprise risk management, finma, modelling, modelling, financial modelling, risk methodology, Business Analyst, BA, regulatory, Project Manager, PM, Finfrag, emir, otc, derivatives, derivative, Banking, Risk reporting, OTC, lending, loans, SFTs, Chief risk office
Michael Bailey International is acting as an Employment Business in relation to this vacancy.