Since the 2008 financialcrisis, regulators around the globe have implemented regulation to prevent therisk of, and consequences from, the failure of systemically relevant financialinstitutions.
A key component of these regulations is the requirement for banksto prepare and implement Recovery and Resolution Plans (RRP), also known as living wills , which outline how the bank would regain viability if undersevere financial stress and the steps regulators, both local and home country,could take if needed to resolve the institution with minimal impact to thefinancial stability of the economy.
Credit Suisse submits anannual Global Recovery and Resolution Plan focused on recovery and resolutionoptions that would be implemented in various stress scenarios, demonstratingthe orderly wind-down of operations while ensuring the continuation of criticalfunctions throughout the bankruptcy.
In addition, Credit Suisse submits, on aregional basis, a number of Recovery & Resolution Plans to localsupervisory authorities.
According to new regulationsand external / internal requirements, reports, insights and predictions have tobe provided more often, also on daily and intraday basis.
The overall RPP Programevaluates quickly and significantly. The scope of the program has been growing it started from FMF / GWD (Financial Modeling and Forecasting / Global WindDown), ViR (Valuation in Resolution) and FiR (Funding in Resolution), thenincorporated UK OCiR (Operational Continuity in Resolution).
Recently GlobalOCiR was added to the scope. More business projects / regulations will be coveredby RRP coming months.
The decision was made tomove some pivotal responsibilities from London to Wroclaw. The team membersbased in Wroclaw will work closely with people located in other locations,including the UK, India and the USA.
A department which valuesDiversity and Inclusion (D&I) and is committed to realizing the firm’sD&I ambition which is an integral part of our global Conduct and EthicsStandards.
The transformation process concerns :
Main Responsibilities :
Essentials Skills andQualifications :
This should be further elaborated on in your application.
Credit Suisse is committed toproviding equal employment opportunities, regardless of ethnicity, nationality,gender, sexual orientation, gender identity, religion, age, civil partnership,marital or family status, pregnancy, disability or any other status that isprotected as a matter of local law.
Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.