Credit Suisse

Senior Manager Financial Reporting Risk Assessment and Controls #230694

Credit Suisse
Zurich, Switzerland; Singapore; London, UK;
Not disclosed
27 Nov 2023
27 Dec 2023
Contract type
Full time
Experience level
Job Description 
We Offer

Credit Suisse Group AG has been acquired by UBS Group AG. Credit Suisse continues its business activities as a subsidiary company of UBS Group AG, including selective hiring for experienced professionals.

UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it’s our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills, and experiences within our workforce.

This role is important for continued SEC compliance with SOX 404 rules and to the remediation of an existing SOX material weakness relating to COSO Principle 7 Risk Assessment. This role will interact frequently with stakeholders across seniority levels (including Managing Directors and Directors) and requires subject matter expertise on SEC rules, PCAOB audit standards, Big 4 methodology, and a comprehensive understanding of processes, controls, and issues within complex multinational banking organizations. The role requires the ability to assess risk by financial reporting disclosure and perform fit-for-purpose assessments of the process and tool implemented to assign risk to financial reporting line items. The role requires experience designing and coordinating deep dive activities with a variety of senior stakeholders, directing direct more junior staff, and leading the execution of deep dive activities and procedures on complex financial reporting areas. The role requires the use of professional judgment in both assessing risk by financial statement line item, assessing the process to determine and define risk by financial statement line item, identifying areas for process and/or control improvement, identifying control deficiencies, and analyzing remediation actions. This role requires experience assessing identified control deficiencies in accordance with SEC rules. This role requires the ability to draft presentation materials and report to senior management and governance committees in a clear, concise, and articulate manner.

Your future colleagues

You will be based in Zurich, London or Singapore and will be part of the Financial Reporting Risk Assessment and Controls Team. This team has the mandate to identify risk, prioritize the book-of-work, perform deep dive activities, review and track issues, and input into the issue resolution process, which includes the severity assessment and remediation processes.

The hiring manager for this role is based in Zurich. The role will be focused on financial reporting and will require interaction with colleagues from across the Bank, including those in Zurich, New York, Raleigh, London, Pune, and Singapore.

The Financial Reporting Risk Assessment and Controls Team is part of the Credit Suisse CFO Risk and Control Office.  
Credit Suisse Group AG has been acquired by UBS Group AG. Credit Suisse continues its business activities as a subsidiary company of UBS Group AG, including selective hiring for experienced professionals.

Remote Working? N/A - pending TW agreement 
You Offer 

The following experiences will make you a great candidate for this role:

  • Degree in accounting and/or finance.
  • Certified Public Accountant or Chartered Accountant.
  • 12+ years of relevant controls experience – achieved either at the Big 4 (on multinational integrated audit engagements, which are PCAOB compliant) or at a multinational bank (within SOX 404 compliance, Group Finance, Product Control, Internal Audit, etc.).
  • Comprehensive understanding of COSO components, principles and points of focus, SEC / SOX 404 rules, PCAOB audit standards and typical Big 4 audit methodology.
  • Experience at an equivalent grade level within an international team.
  • Direct experience writing and presenting governance materials to senior management and/or audit committees.
  • Demonstrated ability to assess risk, perform fit-for-purpose assessments on a risk assessment prioritization tool, develop and manage a book-of-work, define an audit and/or deep dive plan, direct the execution of audit and/or deep dive activities, identify and communicate process and/or control improvements, identify and assess control deficiencies, and analyze the appropriateness of remediation actions.
  • Understand accounting – International Financial Reporting Standards.
  • Understand financial reporting control requirements – both theoretical and practical.
  • Experience in financial services and understand how a multinational bank operates – including processes and controls relating to operations, finance, and product control.
  • Experience working on an international team and interacting with colleagues both locally and overseas.
  • Articulate and effectively communicate with partners at different seniority levels.
  • Organized, analytical, and will meet strict reporting deadlines.
  • Result-oriented, dedicated, hardworking, proactive, flexible, change-focused, flexible, and will consistently deliver to a high quality on time when under pressure.
  • Able and willing to proactively drive the implementation of controls and enact change to continuously improve the control environment.
  • Dedication to fostering an inclusive culture and value diverse perspectives. 

Mr. M. Payer would be delighted to receive your application. Please apply via our career portal.

Your new employer

Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career with attractive benefits and excellent training.
Credit Suisse is one of the world's leading financial services providers. The bank’s strategy builds on its core strengths: its position as a leading wealth manager, its specialist investment banking and asset management capabilities, and its strong presence in its home market of Switzerland. With around 50,000 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 that 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.  

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