ENO _Product Control ENO _Product Control …

Credit Suisse
in Pune, Bangarde, India
Permanent, Full time
Be the first to apply
Competitive
Credit Suisse
in Pune, Bangarde, India
Permanent, Full time
Be the first to apply
Competitive
Credit Suisse
ENO _Product Control
We Offer
We Offer
STR is a control & review over the consistency between the structured trade bookings in trade collection & risk management systems and the relevant obligations described in legal documentation for the most complex & high risk financial products at the bank. Failure to perform this control on a timely basis can result in the mis-statement of financial and risk information leading to potential economic loss, incorrect regulatory reporting and issues with client interactions. STRs aim to address the following concerns for complex transactions
  • The overall client trade is adequately represented by the often complex structure of individual component parts booked in trading systems
  • Appropriate valuation models are used
  • Valuation adjustments are identified and reviewed for appropriateness
  • All structures executed which have been subject to CS Risk Committee (Pre Trade Valuation & Risk Approval) or New Business initiative approvals
Role
This role requires working full time on Structured Trade Reviews throughout the month. The tasks performed by this team cover all the regions.
STR tasks:
  • Ensure that STRs are completed within the policy timelines
  • Resolve valuation booking errors identified or raise to managers for resolution on time
  • Raise with model analytics group any queries regarding models or scripts
  • Raise with Valuation Risk Group any queries regarding embedded valuation adjustments
  • Where there are material errors or unrecorded elements of a transaction, inform supervisors and relevant departments e.g. Front Office, Middle Office, Operations, Business Control, model analysts, Legal etc.
  • Inform your supervisor promptly of any reviews not completed within the review deadlines
  • Liaise with meaningful areas e.g. Front Office, Legal and Operations, etc. to discuss implications of issues arising from reviews and required actions. Carry out necessary follow-ups to ensure all action points get cleared on a timely basis.


You Offer

You Offer
  • You have inquisitive attitude to question any valuation which looks out of place
  • You have accuracy and attention to detail to ensure controls are performed completely and correctly
  • You have strong analytical skills
  • You have expertise with Microsoft Excel
  • You have deep understanding of financial derivatives and valuation principles
  • You have strong communication skills

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