RISK ANALYST JOB DESCRIPTION

About Credit
Suisse

KPO ( Mumbai)

Departmental
overview

Role overview
(i.e. Mission)

As one of the world's leading banks, Credit Suisse provides its clients with
investment banking, private banking and asset management services worldwide.
Founded in 1856, Credit Suisse has a long tradition of meeting the complex
financial needs of a wide range of clients, offering advisory services,
comprehensive solutions and innovative products to companies, institutional clients
and high-net-worth private clients globally, as well as retail clients in Switzerland.
Credit Suisse is active in over 50 countries and employs approximately 45,000
people. Further information can be found at www.credit-suisse.com.
Cultural diversity is essential to our success. As such, we employ people from more
than 100 countries. Credit Suisse empowers employees to work openly and
respectfully with each other and with clients, ultimately striving to deliver superior
results while offering initiatives and programs to assist employees achieve a
healthy work-life balance.
Credit Suisses fifth Center of Excellence, a Knowledge Process Outsourcing (KPO)
operation, in Mumbai, India. Located in the City Park building in the suburb of
Powai, Mumbai, and the CoE will initially house the Knowledge Center teams who
work with and support the front office businesses of the Investment Bank. The
teams are responsible for a full range of business functions from data gathering to
investment analysis and risk and analytics modeling. A range of other functions
from across the bank will also be included in the future.
Operating as a captive site, the Mumbai CoE has been operational since September
2009 and currently employs 600 staff.
Credit Risk Management is a unit within the CRO Division. We are responsible for
developing and documenting the methodologies used to measure credit risk as well
as for reporting on those risks Credit Suisse is exposed to. These activities involve
frequent interaction with a number of significant stakeholders such as front office,
risk analysis and reporting, financial accounting as well as auditors and regulators.
Given enhanced regulatory scrutiny of large banks, our area has seen a substantial
increase in the number of regularly required reports as well as the number of adhoc requests especially from regulators. We are therefore looking to expand our
team to cope with the additional workload and at the same time remain proactive
in further developing the methods we apply in measuring and managing our risks.
The team in Mumbai is part of the global Credit Risk Analytics IB team. The primary
role of the global team is to measure and verify counterparty credit risk for the
investment bank. The sub-team Credit Risk VaR Methodology within Global
Trade Analysis team concentrates on improving the models, controls and inputs
used by Insight. The objective of the role is to work closely with the colleagues in
Credit Risk VaR Methodology (London) to support their deliverables.

Key Deliverables
(i.e. Outcome)

Work alongside the Credit Risk VaR Methodology team to improve the Insight
calculation of Counterparty Exposure (PE & EPE).
Collaborate with RPCM and IT and FeedsBA and IT teams in implementing
methodology changes and data upgrades.
Maintain and enhance the control mechanisms for checking
sensitivities/routing trades appropriately, including ad hoc investigation of
risks required for non-vanilla trade types.
Assist with analysis and closure of model validation tasks and caveats for
models for which the team is responsible (RepoVaR, collateralized EPE, DLE,
CCP etc)
Other bespoke requests regarding exposure analysis for several audit or
regulatory reports.

Will need to take ownership of any task and see it through. Be a thinker and take
Additional duties
proactive steps to improve process continually in order to take it to the next level.
and responsibilities
Should be comfortable working under strict timelines.

Qualifications/
competencies

Good MS Access skills

Good VBA & SQL knowledge
Should have experience with at least one of the following
o OTC Derivatives (At least one asset class), Secured Financing
Transactions
o Pricing models
o Computation of risk metrics (e.g VaR, EPE, PFE, Greeks)
o Market Risk (or Counterparty) historic VaR calculations
MBA/Analytical/Numerical degree
Knowledge of risk mitigation practices and experience with Basel II/III
initiatives would be considered advantageous.
Being responsible for deliverables.
Good Communication skills.
Highly Detail Oriented.
Team and/or project management

Candidate Value Being a part of one of the growing divisions within Credit Suisse CRO. Credit Suisse
Proposition
believes in internal mobility thereby giving the candidate both vertical and horizontal
Peoplesoft Code: exposure.
DM

Date: 9 December 2014