Your field of responsibility The Risk Division is a highly visible and dynamic area of the firm where you can be an integral part of the decision-making that supports the bank’s business. Our responsibilities range from Enterprise Risk management to risk and finance reporting, and regional risk teams covering our entities. The Risk division's long-term success depends on our ability to achieve our vision and fulfil our mandate. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a reciprocal and entrepreneurial environment that offers direct contact with senior management and inspires leadership at all levels. TeamThe CSSSV Enterprise Risk Management (ERM) team is responsible for the entity-wide risk frameworks formed of key processes such as risk appetite, stress testing, Internal Capital Adequacy Assessment Process (ICAAP) and the implementation and monitoring of risk framework. As part of the CSSSV ERM team you will be responsible for supervising the execution of the ICAAP stress testing, EBA stress testing and the regular stress testing. We will also have to ensure the CSSSV stress testing is developed:o in line with the CS Group minimum standards. o leveraging the CS Group methods and infrastructure.o in line with local regulatory requirements.o remains well suited to the risks present in CSSSV. The role is based in Madrid and reports to the CSSSV head of Enterprise Risk Management and Treasury and Liquidity Risk Management located in Madrid. In the medium term future, this role will evolve to be part of the EU/IPU stress testing team based in Madrid and Luxembourg. To be successful in the role, you will need to demonstrate good working knowledge of G-SIB stress testing for EU regulators like EBA stress testing, and a good risk culture, a good understanding of capital regulations, as well as significant experience in risk reporting to senior audiences such as the Chief Risk Officer. The role gives a good opportunity to take an active part in controlling and crafting the overall risk profile of the entity while the entity is expanding over the next few years its portfolio and the spectrum of its activities. Main resposibilities:• Support the execution of the Enterprise-Wide Stress Tests for CSSSV and the Luxembourg Private Bank Entity and ensure that the enterprise stress tests applied to the entity are appropriate and adapted to the risks identified during the inventory. • When appropriate establish risk controls against the stress test and in collaboration with the Market Risk team and Counterparty Credit Risk team monitor the risk controls and the CS Group Enterprise Risk team.• Coordinate the regular execution of stress testing on CSSSV in Madrid and on the Private Bank Entity in Luxembourg.• Review and validate the stress testing output.• Support the CRO department with the preparation work for regulatory reviews on the stress testing (e.g SREP) and other investigations performed by the regulators.• Document enterprise risk policies that relates to stress testing and ensure they remain up to date.• Handle execution of other/ad-hoc ERM stress testing (e.g. ad-hoc event driven stress tests).Your skills and experience You will thrive in a dynamic work environment, handling enquires related to planning and performance; the role requires:• Strong expertise in EBA stress testing and stress testing for GSIB in the context of an ECB/Bank of Spain supervision. Previous experience in Enterprise-Wide Stress Testing in particular with an ECB regulated entity is a must.• Quantitative background is preferred in particular with stress testing modelling • Must have a good understanding of the: o Risk management regulatory framework (e.g. Basel III, CRR 2).o Risk metrics: Capital and RWA, EAD, LGD, VaR, Incremental risk charge etc.o ICAAP, SREP process, inventorying risks.o Generic knowledge of counterparty credit risk, market risk.o Generic understanding of securities trading, derivatives trading and capital market.o Should have a high level understanding of the risks that derivatives products and securities generateo Familiarity with ECB rules e.g. AQR, TRIM is a strong advantage• Can do attitude and must be a doer. • Strong Analytical and problem solving skills and ability to manipulate large amounts of data. Preferably autonomous with Excel, can build complex spreadsheets with Excel formulae and is capable of writing simple VBA code.• Highly organized and self-motivated approach and demonstrate the highest levels of conduct and ethics.• Capacity to work in a highly international environment collaborating effectively with Enterprise Risk specialists based outside of Madrid and with experts from different risk disciplines based in multiple locations inclusive of Madrid. • Capacity to deliver projects with efficiency and within timelines. Sometimes, the candidate will have to work under pressure and will have to have experience with dealing with stress. For the first few years, the role will be involved in large scale projects as the entity is expanding its portfolio and spectrum of activities. • Minimum of 6 years of relevant risk management experience, preferably in the enterprise risk management department of Bank supervised by the ECB in particular with EBA stress testing.• Excellent written and verbal communication skills in English. Day to day work is in English. Understanding of Spanish, French or German will be a plus but not a requirement.• Graduate education, preferably in a quantitative or business subjects. FRM is an advantage. #LI-CSJOB Your new employerFind a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training. We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law. If you require assistance during the recruitment process, please let your recruiter know.