SME Credit Risk and Stress Testing

For our banking client in Zurich, we are looking for a

Credit Risk - Stress Testing Subject Matter Expert

Start date: ASAP

Duration: 6months +

Location: Zurich

Responsibilities:

- Establish appropriate leadership and coordination of credit risk stress testing results which feed into firm wide stress testing analysis.
- Take the lead on establishing credit and market risk methodology
- Reviewing stress testing results before these are submitted to senior management and Board of Directors, as well as to FINMA.
- Presenting methodology developments along with impact analysis to senior management, regulator (FINMA) and Board of Directors.
- Feed the results of stress testing into internal risk appetite/limit setting process
- Integrate stress testing results with business decision making process.
- Working closely with Credit Risk modelling team to understand and provide effective challenge to approaches developed by the team.
- Coming up with alternative challenger approaches to benchmark results driven by the primary models developed by Credit Risk modelling team.

Qualifications:

- 6 to 10 years' experience as a SME on credit risk, within Global banking environments:
- Experience in a credit risk function, focused on corporate and retail loans/Over the Counter derivatives/SFTs
- Understanding of complex investment banking products/risks
- Solid understanding of credit stress testing methodology, especially for lending books and counterparty credit risk
- Track record of developing/enhancing credit stress testing methodology
- Excellent financial modelling skills with a strong quantitative background
- Degree in finance with quantitative background
- Available rapidly and willingness to relocate to Zurich

Michael Bailey International is acting as an Employment Business in relation to this vacancy.