Counter-party Risk / Quantitative Analyst - Switzerland - Offshore Fund Job

About Switzerland

Switzerland is a country of roughly 7.7 million people (2009) in Western Europe with an area of 41,285 km². Switzerland is a federal republic consisting of 26 states called cantons. It is not a member of the European Union.

Its official currency is the Swiss Franc and it operates on Central European Time (CET).

Switzerland whilst land locked is very much an offshore finance jurisdiction – combining both a low tax regime with being an offshore banking centre. Approximately 5.6% of the total Swiss workforce works in banking jobs.

The city of Zurich is the country's banking heart as it is where the majority of the world's offshore bank headquarters are located. Swiss banks hold an estimated 35% of the world's private and institutional funds (or 3 trillion Swiss francs). The obvious strategic growth areas for the jurisdiction include:

Private Banking
Wealth Management
Fund Management
Fund Operations

Job Specification

This Swiss based Private bank and wealth management practice is urgently seeking a talented Counter-party Risk / Quantitative Analyst to join its Zurich based risk department.

The Counter-party Risk / Quantitative Analyst is tasked with evaluating the risks within a range of structured products, exotic derivatives and special transactions.

Coupled with that they can expect to have to create assessment tools for credit scoring, figure the credit risk from products / transactions in high-risk reports and undertake the due diligence, credit analysis of third party banks / brokers.

There is key element to this role in the analysis and approval of new product types.

To considered for the Counter-party Risk / Quantitative Analyst you must have at least two years experience in modelling & assessment of credit risks of commercial products (exotic derivatives / structured products) and several years experience as a quantitative analyst for Counter-party Credit Risk.

You will have excellent IT skills (Excel / Access / SQL) and be fluent in both English and German.

The Counter-party Risk / Quantitative Analyst is a well paid offshore fund job offering a good salary and bonus package.

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