Description
Currently recruiting for a Credit Analyst on a 8 Month Contract for a Leading Financial Client in Zurich, SwitzerlandMain responsibilities will include:
Develop, implement and run stress models that will help assess Credit Suisse credit risk, in particular:
Models to measure credit risk on an obligor and portfolio level under stress
Analysis of historical data to estimate model parameters
Regular analysis and control of model inputs, results and sensitivities
Structuring of the data
Contribute to Writing a policy that specifies the scenario credit model development specific to stress
Responsibility for strategic initiatives of the department as well as various projects such as stress testing framework development, model maintenance and monitoring including back testing
Get involved in IT projects to drive implementation of Stress models in state of the art IT environment
Performing ad-hoc analysesDesired Skills and Qualifications:
5 years' experience of working with credit model (Possibly in positions such as Credit Offer, Enterprise Risk Manager, Quantitative analyst on the market risk side (pricing models)) within the financial services industry
Knowledge of Probability of Default (PD), Loss Given Default (LGD), Exposure At Default (EAD) models
IT skills (R language - intermediate; SQL - basic queries, writing scripts is not needed)
Fluent English language knowledge
Adaptable, dynamic, leans fast, able to delivering to short deadlines
Please submit with updated CV to apply
Michael Bailey International is acting as an Employment Business in relation to this vacancy.