Job Detail

In this role you will support the Group’s risk management and oversight activities of the risk function at Corporate Center. Your focus will be on Credit-related lines of businesses, such as surety, credit and trade credit insurance as well as collateral, private debt and mortgages. As part of the Financial Risk Governance team you work closely with Commercial Insurance, Group and local treasury departments, local businesses and Group Investment Management. You partner with key stakeholders in these teams and provide independent oversight on Credit Risk taking in line with Group Risk Management’s mandate.

 

You provide inputs to Group’s Credit and Country Risk reports, support the setting of Credit Risk policies, risk limits, support the review of Group’s strategy for Credit-related lines of businesses and support Group Risk Management with Credit and Country Risk expertise. Your strong Credit Risk background allows you to independently analyze, identify risks and to provide meaningful risk insights or recommendations. In this role you will also support the risk review and monitoring of our credit exposures, support the team in credit risk management, credit risk analysis and Country risk management. We will count on you to interact with many key teams, senior management and supervisory authorities. You will work actively with highly qualified and motivated people in a diverse team.

 
Your Role  

This is the content of the role that the successful candidate will be accountable for. Provide an overview of the responsibilities, what is expected what will the candidate have to do

 

As a Senior Financial Risk Specialist your main responsibilities will involve:

• Partnering with key people in Commercial Insurance, Group Investment Management


• Group and local treasury, business units and Risk Management


• Overseeing Credit risk taking and adherence to Credit risk framework


• Assess Country risk and run Group’s Country Risk Management Framework


• Preparing Group Risk Management contributions for Credit and Country Risk reporting


• Preparing Credit Risk reviews and providing risk insights (e.g. Credit risk and exposure developments, Credit-related lines of business strategy, Country risk assessments, investment strategy or proposed new asset classes and credit products)


• Defining exposure methodology and support setting of credit parameters (PD/LGD)


• Supporting the team with credit risk expertise and credit risk management activities

 
Your Skills and Experience
 

As a Senior Financial Risk Specialist your skills and qualifications will ideally include: 

• Master’s degree in economics, mathematics, engineering, finance or related field




• 10 years’ relevant experience in risk, investment, actuarial, underwriting or related area




• Strong Credit Risk background including credit analysis and legal aspects of credit risk  




• Good understanding and experience in surety, trade credit and credit insurance  




• Very strong knowledge of credit risk exposure and counterparty risk assessment




• Good knowledge of software applications such as R, MatLab, Phyton, VBA or similar




• CFA, FRM or similar qualifications are an advantage




• Pronounced analytical skills




• Excellent communication skills




• Proficient in English (written and spoken)

Additional Information   Primary work location is Zurich.  

If you value an exciting and varied working environment and meet the above requirements, then our recruiter Daniela Toth is looking forward to receiving your application by clicking on the button “Apply online”.

 

You can find additional information about Zurich as an employer and about the candidate journey on our career site.

 
Zurich Virtual Tour
 

Enter the fascinating World of Zurich! Learn more about our company and meet some of our employees personally in the Zurich Virtual Tour.

   
Who we are  

Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services.  Our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.

 

At Zurich, we foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc.  Our talent acquisition and hiring processes respect this commitment daily. Join Zurich and be part of this culture.

 
Information for recruitment agencies  

Zurich accepts no applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents neither via our employees nor through our online career portal.

 

We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.