Cost Allocation & Reporting,VP #221599

Your field of responsibility

An exciting opportunity for a new member of the SC&A LECAR team, based in Pune, the India Service Entity. Become part of a small team of specialists supporting the Global Controller for the CS Service Co and Head of Allocations and Group Finance Transformation.

The LECAR team works to provide support to businesses, Legal entity controllers, and senior management to allow them to understand and control their cost allocations and services and RRP Regulatory reporting.

You will be responsible for leading the LECAR Regulatory Reporting team focusing on delivery Global OCIR Charging Structures and ViR Operating Costs data, reports and analysis. Provision of information (Intra group transfers and allocations) to Regulators and internal partners within a strongly controlled environment is key. The Regulatory work which is the part of Global Recovery in resolution planning program.

You should be comfortable with working within a team as well as being able to work independently to achieve results. The team has been provided with a mandate to provide analysis and insight on areas where this has not been provided in the past, and therefore you should be excited about creating and building reports from scratch to meet multiple client’s needs. Communication with senior partners (internal and external) would be required in this role and analysis provided can be used to help drive business decisions and therefore experience in effective communication is important.

Responsibilities in this role include:

Team Management of 3 FTEs

Review and responsibly of OCIR Reporting and Analysis requirements – including but not limited to:

• Data Source file maintenance and controls
• Monthly Charging Dashboard maintenance and controls
• Monthly UK Liquidity Buffer calculations and reporting
• Monthly Service Charging and Matrix controls, reviews and high-level analysis
• PRA 109 Regulatory Return Review and Analysis

Review and responsibility of ViR Operating Cost Projects – including by not limited to:

• Lead the ViR Operating Cost Projections
• Work with IT to build the projections model
• Documentation and challenge of Assumptions and calculation logic
• Submission of projects to Global Regulators and internal partners
• Reporting for Global Liquidity Buffers for Treasury
• Analysis and Responses to adhoc Queries (internal and from regulators)
• Ownership of MARCs and SoX controls
• Documentation requirements
• BaU Improvements, Change control and Maintenance

Your future colleagues

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 cultural values.

This position offers remote working opportunities for an agreed amount of days per week.

Your skills and experience

CA or MBA Finance with minimum 15 years’ experience in either or a combination of the following: Banking, Financial Services or Audit & Advisory services industry.

• Previous experience in Regulatory Reporting, Cost Allocations, FP&A, Forecasting & Budgeting, MI Reporting
• Good understanding of cost allocations concepts and practices, including legal entity charging
• Held finance roles in a large, global institution
• Flexible approach with the ability to optimally manage several priorities
• Proven attention to detail and high-quality delivery with the ability to manage large quantities of data
• Experience in all or some of the following tools: MS Office, Essbase, Qlik, PeopleSoft. Previous experience in system change project will be an added advantage
• Team management experience
• Experience with report creation is desired
• Proven data modelling, automation and analytical skills
• Dedication to fostering an inclusive culture and value diverse perspectives.

Your new employer

Find 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. We are committed to building a culture of inclusion with a deep sense of belonging for all of us. We will consider flexible working opportunities where possible. 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.

For further information, and to apply, please visit our website via the “Apply” button below.