CA CIB Americas

★★★★★

Model risk manager

17 March United States, NEW YORK / HOUSTON / CHICAGO / BOSTON / ISELIN / MIAMI Perm

Summary:
Position based in New York, within the Risk Division of Credit Agricole U.S., to join the newly created 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:
Strengthening the governance on Model Risk Management, for models used on the Credit Agricole U.S.
perimeter, including regulatory (credit, market, …) and non-regulatory models (compliance, finance, …)
Ensuring satisfactory portfolio risk analysis reported / escalated to Credit Agricole U.S.
Risk Committee, a committee of the Credit Agricole Board
Responsibilities:Following the implementation of the Enhanced Prudential Standards, a FED regulation, a comprehensive risk framework has been developed to have a transverse and holistic view and monitoring of the risks of all activities of Credit Agricole in the United States (U.S.).
Credit Agricole activities in the U.S.
consist of Credit Agricole CIB New York (CA-CIB NY), Credit Agricole Indosuez Wealth Management Miami (CAIWM Miami), and Amundi Pioneer.
Model Risk Management: Strengthen the governance on Model Risk Management, for models used on the Credit Agricole U.S.
perimeter, including regulatory (credit, market, …) and non-regulatory models (compliance, finance, …)
Reinforce the local implementation of Credit Agricole SA Group risk monitoring standards while ensuring U.S.
specificities and requirements are properly taken into account.

Participate to the local overarching governance on all model types used in the U.S.
by the Credit Agricole Combined U.S.
Operations
Ensure satisfactory model inventory, development and validation
Additional:
For the purpose of the Enhanced Prudential Standards, a Committee of the Credit Agricole Board reviews quarterly the risks of the activities of Credit Agricole in the U.S..
The U.S.
Risk Committee has now become a pillar of the risk governance of Credit Agricole Combined U.S.
Operations.
When required, assist the persons in charge of preparing the Credit Risk section for the US Risk Committee.
Credit risk is one of the main risks of Credit Agricole in the U.S.
essentially bore by CA-CIB NY and to a lesser extent by CAIWM Miami.
The team will work on the portfolio risk review, by notably understanding the main trends (for ex.
Analysis of RWA and IFRS9 provisions, Rating, Exposures evolution, Industry concentrations, etc.….), assessing the risk profile and the quality of the portfolio, analyzing the new transactions and exit clients.
The portfolio risk review is a deep dive transverse analysis requiring rigorous analytical approach but should as well be conclusion oriented requiring a good capacity to put perspective to provide high level qualitative messages to the Board of Credit Agricole S.A.

5-years.
Banking experience, including in Risk Division or Inspection / Audit Division