- Entry level
- No Education
- Salary to negotiate
Rates Pricing Model Validation (VP) # 109968India-Mumbai-Mumbai | Full-time | Corporate Functions | Job ID 109968Risk ManagementEnglishCredit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Credit Suisse has expanded to be a global force employing over 45,000 people in 50 countries. With new leadership, a new strategy and a streamlined global organization, we are set for growth. We partner across businesses, divisions and regions to create innovative solutions to meet the needs of our clients—and to help our employees grow. It is a high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Credit Suisse together.We Offer Credit Suisse Overview
Credit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Credit Suisse has expanded to be global force employing over 45,000 people in 50 countries. With new leadership, a new strategy and a new streamlined global organization, we are set for growth. We partner across business, division and regions to create innovative solutions to meet the needs of our clients and to help our employees grow. It is high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Credit Suisse together.
Model validation of Front-Office pricing models for Fixed Income, with focus on Interest Rates, Inflation and Emerging Markets; testing and documentation following the model validation guidelines of SR11-7.
Timely delivery of model reviews with effective challenge to Front-Office and raise of identified issues.
Independent model improvement, building up our modeling framework and Model Validation library.
Review of New Products: conducting analysis for Pre-Trade Approvals.
Liaising and collaborating with partners across Front-Office quants and Trading, Market Risk and Product Control.
Conducting research for establishing methodologies that estimate model risks.
Relevant past experience in Model Validation, Front Office Quantitative Analysis or Quantitative Risk Management, ideally with focus on yield curve models, interest rate exotics and/or inflation models.
Deep knowledge of derivatives pricing models, stochastic calculus, numerical algorithms and products.
Ideally educated to PhD or Master level in a quantitative topic.
Experience with a relevant programming language: C++, F#, R or Python.
Team-player with good interpersonal skills, especially in terms of communication, documentation, and partner management.
As part of the Pricing Model Validation team within Model Risk Management, you will gain exposure to modelling in areas such as Interest Rates and Inflation.
The current heightened regulatory and governance framework guarantees a significant level of responsibility and visibility to the business and senior management.
The range of projects covered offers the chance for team members to gain deep knowledge of products, models and the risk management for Fixed Income, with focus on Interest Rates, Inflation and Emerging Markets.You Offer You Offer
• You have deep understanding of Mathematical Finance and Risk
• You have prior experience with Risk, Quants and deep understanding of products across asset classes
• You generally understand the role of risk teams in the banking world in terms role of traders,
• You are a quant, Risk managers and Validation groups and Global regulatory landscape
• You have great quantitative skills, excellent in statistic and mathematics, good competence in programming
• You have the ability to talk about and communicate highly technical aspects
• You are graduate or post-graduate in engineering discipline or in pure mathematics
• You have work experience of 8-10 years in related areas
Equal Opportunity Statement
Credit Suisse is an equal opportunity employer. Embracing diversity gives us a competitive advantage in the global marketplace and drives our success.Credit Suisse is an equal opportunity employer. Welcoming diversity
About the company
Credit Suisse is a global financial services company providing Private Banking & Wealth Management services, and Investment Banking services and expertise, to companies, institutions and high-net-worth clients. We are active in more than 50 countries and employ over 46,000 people.
It’s our aim to build the bank of the future at Credit Suisse—to work as one integrated bank, servicing our clients across regions and businesses. It also means fulfilling our responsibility to help shape the global economy, and to make a difference in people’s lives.
We offer roles for experienced professionals and entry-level hiring programs in a variety of business areas. You will have the chance to make an impact from day one, and throughout your career with us, you will benefit from cross-business and international mobility opportunities.