Credit Suisse

Basel Measurement Reporting, ENO #229494

Credit Suisse
Pune, India
Not disclosed
01 Dec 2023
18 Dec 2023
Contract type
Full time
Experience level
Qualified accountant

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.

You will join us as a RWA Measurement, Validation and Reporting lead in the BMR Function.

The role entails working in the Basel Production Team, performing RWA calculations under FINMA, PRA and or FED rules for month end and every day.

You should have experience in handling regulatory reporting and calculations. You will be required to perform calculations, variance analysis, supporting ad hoc queries, audit issues, adhere to control framework etc. You should possess outstanding communication skills as profile requires daily interaction with global teams based in Singapore, London, Zurich and NY. You will have an expert working knowledge of excel and Accounting background especially US GAAP rules is preferred but not an absolute must. It is important that you understand financial products and how the accounting of various financial products like OTC Derivatives, Repos, Loans etc work – as that will help in understanding RWA calculations and data flow. You will be responsible to adhering CS standards in delivering above requirements and ensuring strict adherence to controls and governance framework

Detailed duties and responsibilities:

Team management (if applicable)

  • Manage a team of analyst for delivering BAU tasks on RWA Calculations and Reporting
  • Review the work performed by the team and have a detailed understanding of the templates / calculations performed

Key Deliverables

  • Understand Capital Adequacy rules by regulator and how the rules are applied/ implemented
  • Perform RWA calculations on a monthly and / or daily basis to the agreed Collaboration Agreement with the partner teams for all entities in scope for reporting
  • Perform variance analysis and provide correct, effective narrative on movements
  • Liaise with the multiple key partner and business partner teams across the world on an ongoing basis and manage the expectations from partners on overall delivery, for timelines, quality and efficiency
  • Understand the data flow and be able to articulate gaps and issues with timely-escalations
  • Participate in key infrastructure changes and be able to drive these through multiple teams involved in the process (Change Management)
  • Act as primary contact for audit and front office queries

General tasks

  • Ensure adequate documentation levels at all times
  • Reconciliation of capital templates and strategic/ automated data.

Your future colleagues

You join the BMR team within Credit Suisse Treasury, which is responsible for all RWA and Capital reporting to internal and external partners including the main regulators FINMA, IHC, PRA, Central Bank of Ireland (CBI) and CNMV. The team is dedicated, results oriented, hardworking, proactive, collaborative, and forward-looking. We deliver accurate, complete and timely reports to global regulators that involve reporting of IB products for the Investment 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 cultural values.

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.

You Offer

We are looking for:

  • 6+ years’ experience in financial accounting/regulatory reporting (preferably Basel)
  • Proven understanding of Risk Management, Regulatory Compliance, Financial Reporting
  • Since this role will have face off with senior partners you should be able to liaise with all levels including senior management
  • Dedication to fostering an inclusive culture and value diverse perspectives

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

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