At Finance Change, we work across the entire CFO division to ensure that we execute the strategic design and implementation of any major changes to our processes and systems. In partnership with our key business partners, we work to create ground breaking business solutions using our deep functional expertise. We seek to deliver strategic-initiatives using leading project management and business analysis as we pursue our goal of protecting and enhancing shareholder value through optimizing the use of our financial resources.
The FRTB Program (Fundamental Review of the Trading Book) is a multi-legal entity/regulator and cross functional program covering all business divisions. It seeks to address the new BCBS Market Risk capital regulations (D457), which are a core component of the Basel III reform package (also known as Basel IV).
Capital impact for many banks, particularly those with large trading operations, will be substantial. Data and eligibility tests set a higher bar for modelling standards, and force ‘desks’ onto punitive standardized approaches if they do not pass.
The overall objective of the program is to ensure that Credit Suisse is aligned with the FRTB Regulation (BCBS 457), while mitigating as much as possible the uplift in capital requirements for the bank.
We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global Conduct and Ethics Standards.
The candidate will be working as a business analyst within FRTB Finance Change group having global presence across multiple offices therefore will need to balance the ability to work independently alongside co-ordination with the rest of the team. Will be required to challenge the business to push the boundaries of their current approach in order to drive improvement.
The role is an ideal opportunity for someone with a good grounding in the regulatory environment, who can perform business analysis, but enjoys moving through different types of work (part rule interpretation, part analysis, part project management) and relishes new challenges (helping to drive CS’ response to new regulation by viewing the challenges from various angles and identifying optimization opportunities).
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