Position

DEPARTMENT:
Reporting to
Location

ENO Risk Analyst

Credit Risk Management
Fredrik Akesson
Mumbai
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 c300 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 will be part of the global Credit Risk Analytics IB team. The
primary role of the team is to calibrate the models used to measure and verify
counterparty credit risk for the investment bank. The objective of the role is to work
closely with the colleagues in London and to provide top class level of service to
internal clients. The end result should be to positively impact their capacity to
deliver further.


Key Deliverables
(i.e. Outcome)

Running and maintaining all processes for calibration of parameters of Monte

Carlo Tool used in exposure measurement globally. These tools are in place to
o Calculate various parameters like Volatility, Correlation etc. for
particular asset classes,
o Assess materiality of non-simulated risk factors.
Perform analysis for failed trades in Monte Carlo Pricing Tool.
Monitoring large and important long term maturity trades.
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

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 Financial Mathematics
MBA/Analytical/Numerical degree
Should have knowledge of basic programming, algorithm.
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.
Good MS Access, Python, Matlab/Mathematica skills
Good VBA & SQL knowledge

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: