Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference
2024-93750
Update date
04/11/2024
Summary
Position based in New York, within the Risk Division, to assist the CUSO Model Risk Governance within the Enterprise Wide Risk Management Team. The primary mission of the team is to reinforce the local implementation of Credit Agricole SA Group risk monitoring standards while ensuring U.S. specificities and requirements are properly taken into account. The team will be more specifically in charge of:
- Assisting the CUSO Chief Risk Officer to overview the risks of the Combined US Operations.
- Preparing the presentations (in coordination with the relevant departments) for the CUSO Model Risk Management Committee
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Responsibilities
Credit Agricole activities in the U.S. consist of Credit Agricole CIB New York (CACIB NY), and Amundi.
As member of CUSO Model Risk Governance team:
Manage the model inventory to ensure its completeness and accuracy
Lead annual attestations across all departments
Assist with the MRM tool update, testing and maintenance activities
Manage Model validation findings, including tracking and escalation
Automate and maintain the inventories reconciliations and associated reports
Calculate and report Key Risk Indicators in relation to model risk appetite
Assist in preparing Reporting and Committees materials
Contribute to the development and administration of Model Risk Management framework, including policies and procedures designed to ensure risk identification, aggregation, mitigation, and monitoring capabilities in compliance with the sound operation of both business and regulatory requirements
Ensure a proper storage of all model documentation
Others
The Risk Division in New York is consistently strengthening its risk framework to provide the most refined monitoring and meet the expectations of the regulators. The team member will –
- Assist on this project, by ensuring the implementation of solid methodologies, clearly documented. This project, in addition to be critical issues put forward by the FED, will provide a unique transverse view on the risks of the Credit Agricole activities in the U.S.
- Follow up on upcoming new regulatory requirements and their impact for the Risk division
Salary Range: $100k - $125k
#LI-DNI
College Degree BA/BS in Finance / Business preferred
0-2 years of experience, preferably in the banking business
Experience in or knowledge of risk management function.