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Credit Suisse Stress Testing Manager #159401 in New York, New York

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 Conduct and Ethics Standards. This outstanding and exciting role is part of the Scenario Execution and Analytics Team within Enterprise Risk Manager Department within Chief Risk and Compliance Officer (CRCO) Division. Key roles and responsibilities include:

  • Involve in internal Credit Suisse and regulatory stress testing to assess the Bank’s resilience against capital adequacy and earning volatility. BAU stress testing is a well-established process that assesses divisional and firm-wide stress impact.

  • Coordinate with functional areas (e.g. market risk, credit risk) within CRO and CFO (e.g. divisional CFO, FP&A) to fully understand portfolio and methodology drivers. Explain loss drivers in simple and succinct manner to business partners.

  • Review and challenge existing methodologies and results. Ensure comprehensive coverage and considerations are in place across all risk classes. Initiate and provide solutions for developing stress testing framework.

  • Provide streamlined stress testing solutions to existing processes. Demonstrate ability to initiate outstanding stress testing strategy and ad-hoc analysis framework can be further improved.

  • Perform high quality insightful analysis to assess scenario impacts and drivers at enterprise spectrum. Present key findings with impactful analysis to senior management and business partners both inside and outside the Bank.

  • Initiate and implement management actions associated with stress testing results to make sure ‘so what’ questions are adequately addressed.

  • Develop stress testing result trend and utilization analysis to support timely divisional, legal entity and Group risk appetite process, ensuring strategic risk objectives are met.

  • Coordinate with a wide range of internal partners within the Bank including CRO, CFO, COO and FO. Collaborate with internal partners to ensure respective deliverables and deadlines are met.

  • Present and lead discussion and dialogues with regulators including FINMA to ensure robust stress testing framework in place, chipping in a sound regulator-bank relationship.

  • Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work. This should be further elaborated on in your application.

  • A degree-level education (or equivalent) in a numerate field. Professional or post-graduate qualifications including CA/ACA/CPA, CFA, MBA would be an added advantage!

  • Experience in end-to-end stress testing execution process, or product control, or annual financial planning/budgeting process. Outstanding understanding of bank’s performance measure including capital ratios, P&L and liquidity.

  • Do you possess strong communication skills with proficiency in English? Ability to present result in clear and concise manner.

  • Ability to manage and work under stress and fast paced environment to meet tight deadline, with strong control approach. Hardworking individual with ability to perform work independently as well as in a team.

  • Excellent partner management skills to work together with varied business partners in different functions across different geographic locations.

Job: *Risk Management

Title: Stress Testing Manager #159401

Location: NY-New York

Requisition ID: 159401