Skip to main content

This job has expired

Valuations Risk & Control

Employer
Credit Suisse Securities Pvt Ltd
Location
Pune, IN
Salary
Competitive
Closing date
Nov 17, 2019

View more

Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Valuations Risk & Control _ENO 140678 India-Pune-Pune | Full-time (FT) | Corporate Functions | Job ID 140678 Product Control English Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse. We Offer This is a meaningful role within VRC Globally. Your input is significant in the 1st and 3rd weeks of the month. The tasks performed by this team cover all the Regions. Your involvement could be in either of Equity Derivatives, Credit or Fixed Income Products. You will submit trader prices to Consensus Data Providers Calibrating the external risk parameters from the consensus data prices You will have to perform IPV of all trades, positions and risks within responsibility area by sourcing independent prices and parameters Perform IPV in relation to approved IPV methodology documents based on the appropriate frequency; monthly unless specified otherwise You will IPV differences in accordance with the appropriate action ability framework category, and/or unadjusted differences properly recorded in the centralized reporting application Ensure that the IPV methodologies and any explanations provided by Traders for unadjusted differences are fully understood and commented according to policy You will raise non-compliance with pricing procedures or unapproved product types in the portfolio Inclusion of any positions with unverifiable prices or model parameters in reports for the Senior Management Ensure prices and position sizes of internal trades are price tested and that the marks are compared between books Apply Bid/Offer (Exit Risk) adjustments to the value of the instrument to the appropriate bid/offer level that would be realized in normal market conditions. The common risk categories for which a bid/offer determination would be expected are delta, vega, forward, correlation etc. Perform price testing including self-review of population, completeness, calculation, and documentation and formula integrity. You will make sure that exceptions that are identified are followed up with relevant parties and resolved Ensure all exceptions and overrides to standard testing procedures are supported by documented requests from global partners Perform overall analytical review on impacts and month-on-month movements Understand and explain results generated Use complex Excel and VBA tools appropriately Ensures supervisory feedback is incorporated into results Raise P&L impacts > thresholds and exceptional outcomes to AVP / VP / Director Provide e-mail confirmation that price testing results have been satisfactorily finalized and request review by a supervisor Initiate and implement efficiency improvement projects on a regular basis You Offer You have degree level education from a Top Tier University You are Qualified Accountant with Premier Firm / MBA Preferred experience in Investment Banking in Valuation Risk and Control functions, however this is not necessary. You are highly numerate with strong analytical skills and ability to define and apply logical approach to issue resolution Ability to clearly articulate and present to Management and Partners along with a good attention to detail You have strong communication (written, verbal, presentation) skills You are great teammate with the ability to work closely across locations You possess a strong control focused mindset and hands-on approach to investigating issues Expertise with Microsoft Excel You have deep understanding of derivatives and valuation principles Good programming skills (e.g. C , VBA, although actual language is not important) Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert