Senior Controller , AVP #162206

Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.

We Offer

Departmental Overview

Financial Accounting is responsible for the legal and regulatory reporting including notes and disclosures of the Bank and the associated controls around the data referenced in this process.

The Credit Suisse Group Finance- FMAR IMBS team is mainly responsible to deliver month end reconciliations of ledger vs sub-ledger for multiple entities. The reconciliation would be for all types of accounts like Balance Sheet, Off- Balance Sheet and Profit and Loss.

• Team is involved in Intra Month Balance Sheet program (IMBS). It is one of the critical program which is going live from April 2021.
• Involved into continuous improvement of system architecture by implementing product accounting aspects and life cycle.
• Supports various products including OTC derivatives, Security lending & borrowing, Repos, Cash securities, Accrued coupons, exchange traded derivatives, long term debts, OTC cash collateral, Loans & money market and corresponding off balance sheet products.
• 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 Conduct and Ethics Standards.

Key Responsibilities

• The role is regulatory driven and process owner role which would need heavy interactions with FC, Senior Stakeholders to drive the implementation.
• The requirements of IMBS are time critical and need to ensure that all the Intra month reconciliation related problems are highlighted and worked towards resolution / fixation which would need understanding the current business process flow and existing systems in detail
• Delivery of BAU (Reconciliation of ledger balances with trade level information) per US GAAP, IFRS
• Maintaining strong positive relationship and working closely with various business partners which includes Product Control, Legal Entity Finance, Regulatory Team, Liquidity team, Project team and Capital Reporting team to discuss issues and improving regular process task
• Continuous improvement of system architecture by understanding product accounting aspect
• Investigating and analysing the reason of differences between ledger balances and in trade detail repository
• Ensuring timely resolution of issues with IT teams
• Coordinating with business and change team on new projects, new business, testing
• Identify and ensure effective management of dependencies within/outside of the project
• Providing regular updates and highlight key challenges to relevant business partners
• Work with team and support to achieve the desired results & make recommendations to enhance delivery
• Seek to ensure all the necessary documentations are in place

You Offer

• Understand the value of diversity in the workplace and are dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work.
• Relevant University Degree i.e. accounting or finance related.
• Qualified Chartered Accountant / MBA Finance
• Proven experience of 12-13 years in a financial service industry with prior experience in banking or similar industry.
• Experience of project execution in area of operational improvement and finance system migration
• Proficient in global banking products like Loans, Derivatives, Repo etc.
• Working knowledge of Agile product development methodology will be added advantage (desirable)
• Ability to think logically and independently to solve problems
• Ability to work on tight deadlines and effectively with people from other departments in the organization
• Outstanding written and verbal communication skills, decision making, presentation/documentation, excel skills
• Strong problem solving capabilities and passion for developing innovative solution
• Result oriented, dedicated as well as someone can work on own initiative whilst also working under pressure to deliver on time with a high level of integrity and flexibility, sense of urgency, attention to detail and quality standards

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

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