The primary function of this role will be to administer and control the interest rates pricing function for Private Banking Flow Lending and Deposit Products across APAC. As part of the industry-wide transition away from IBOR-dependent transaction rates, much greater responsibility lies within the division for the rate setting process.
This is an entirely new function that will be responsible for maintaining Cost of Funds (COF) and Deposit rates and their respective components (Flooring, Business Steering, and Variable Cost Components) for Private Banking clients within the new strategic pricing tool. You will be required to operate within the new governance framework for this function, ensuring the highest standards of risk, control and integrity are adhered to due to the highly sensitive nature of the task. You will also be required to provide quantitative and qualitative inputs on the process for periodic reviews with key partners from across the APAC division.
Your future colleagues
The APAC Financing Group (&ldquoAFG&rdquo) is a key revenue pillar for the Credit Suisse strategy in APAC, and is a unique integrated financing platform which delivers effective financing strategies and solutions for UHNW, Entrepreneur, Corporate and Sovereign clients across the APAC Division.
The AFG Flow Lending & Deposits team works closely with the Private Banking teams to identify, structure and execute client lending solutions across Mortgages and Margin Loans for our sophisticated high-net worth clients, and supports Deposit products and initiatives as a key client gateway product, NNA tool and significant revenue generator. We are a high-performing, dynamic and strongly collaborative team, focused on balancing client solutions with strong risk subject area.
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