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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
- Reviewing and challenging monthly Current Expected Credit Loss (CECL) numbers and conducting own, self-independent data analyses (incl. deep-dives) and reports in order to understand and explain CECL month-over-month moves
- Conducting monthly SOX relevant controls and perform monthly variance analyses by reviewing provided numbers and commentary received from the report preparer and complementing with own CRM commentary for movements where needed.
- Preparing management information for senior management as part of the wider monthly governance
- Providing rationale on CECL drivers explaining CECL monthly move results by running attribution analyses via R.
- Utilizing existing reporting capabilities and what-if functionalities (e.g. calculating the impact of macro factors on CECL for specific portfolios or calculating CECL for a particular loan)
- Participating in regular working groups, alignment calls, governance meetings, ad-hoc meetings/calls
- Acting as a subject matter expert in various CECL queries and/or discussions with different partners across the bank (CRM, RDM, QAT, Finance, Front Office, etc.)
- Contributing in topics/projects for further improving processes and analytical capabilities
- Identifying issues in data or methodologies and collaborate with partner teams on remediation
- Bachelor's / Master's degree in Accounting, Banking & Finance or quantitative Finance and 3-5 years of proven experience in banking, preferably in Wealth Management or Finance.
- Distinct ability to navigate in large data sets and good coding skills in at least one programming language (e.g. R, Python)
- Excellent understanding of credit risk, also from a reporting and workflow perspective
- Experience in and understanding of impairments under US GAAP or IFRS
- Are you are a self-starter with a can-do demeanor and strong analytical attitude paired with strong communication skills in proficient English and good German?
- Good interpersonal skills set and a high level of dedication and flexibility
- Contribute to our team with drive and enthusiasm to follow through on tasks and be persistent in face of challenges with data sourcing and reporting, also in times of time pressure
Mr. M. Payer would be delighted to receive your application. Please apply via our career-portal.
Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.