Senior Associate – Financial Services Risk and Regulation (FSRR) at PricewaterhouseCoopers (PwC)

Job Profile

• As a Senior Associate, the candidate, as a part of the PwC’s Financial Risk and Regulation team, will be a part of project delivery teams to deliver risk management solutions to a diverse range of clients, with focus on the financial services sector.

Responsibilities

Specifically, the successful candidate’s job functions shall include:

• Assessing the risk strategy and management processes established by financial institutions over their operational and regulatory processes, including entity level and delivering required solutions.
• Designing and executing advanced risk data analytical methods or analytical models over the risk management.
• Assessing financial institutions response to leading and regulatory requirements, including relevant regulatory risk management requirements; ICAAP, ILAAP, RRP, Risk Framework design and implementation, etc.
• Developing an understanding of key end-to-end risk management flows associated with various financial products and any associated operational and financial reporting risks; and
• Working within a large team of consultants to deliver a detailed program of work, meeting exacting quality standards, within tight timeframes.
• Identify opportunities and provide support to senior team members on business development activities.
• Contribute to PwC’s thought leadership on emerging risk issues.

Experience & Qualifications

• Bachelor’s or Master’s Degree from a reputable university.
• Professional qualification(s) such as ACCA, FRM, CFA or equivalent are an added advantage;
• Minimum of 4 - 5 years relevant experience.
• Practical experience and working knowledge in three or more of the following: risk governance and analytics, market risk management, credit risk management, treasury and liquidity risk management & ILAAP , operational risk management; capital management and ICAAP, ideally in a professional service environment or financial institution.
• Strong experience in the model development tasks, including data cleaning, credit risk modelling (e.g. PD/LGD/EAD estimation), risk parameters application, A-IRB, economic capital, RAPM, IFRS-9 models and stress testing Models, big data AI modelling and application is a plus.
• Experience with the development and use of enterprise risk systems and tools.
• Working understanding of risk management and analysis methodologies, approaches and techniques;
• Familiarity with evolving and complex regulatory environment including Basel III/Solvency II/EBA RM Guidelines in the context of financial institutions.
• Planning, implementation, and process optimization of enterprise risk management for financial institutions.
• Valuation, modelling and quantitative management of financial instruments.
• Experience with R Studio, Alteryx, Murex, Bloomberg, SAS, Fincard, and Reuters would be an advantage.
• Strong organisational skills and able to work autonomously with minimal supervision, good analytical, problem solving and presentation skills.
• Bright, team player, who works effectively under pressure with a positive and can-do attitude.