Line of Service
Advisory
Industry/Sector
FS X-Sector
Specialism
Risk
Management Level
AssociateAt PwC, our people in cybersecurity focus on protecting organisations from cyber threats through advanced technologies and strategies. They work to identify vulnerabilities, develop secure systems, and provide proactive solutions to safeguard sensitive data.Those in penetration testing at PwC will focus on penetration testing (or pen testing) which is a security exercise where a cybersecurity consultant attempts to find and exploit vulnerabilities in a computer system. The purpose of this simulated attack is to identify any weak spots in a system&aposs defences which attackers could take advantage of.Why PWCAt PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firms growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerationsJob Description & Summary:
- Bachelor&aposs or Master&aposs degree in finance, economics, mathematics, or a related field
- 6+ years of relevant experience in credit risk management, with knowledge of PD/LGD/EAD, CCAR loss estimation & PPNR, PRA stress testing, Scenario analysis, IRB, IFRS 9, CCEL, credit rating models, and other credit risk models
- Advanced statistical and quantitative modelling skills: Linear regression, logistic regression, ARIMA modelling, Markov Chain, Merton Model, and other data mining/predictive modelling skills
- Strong programming skills in Python, R, SAS, Excel VBA, and other programming languages
- Good soft skills, including effective communication, team collaboration, and client engagement
- Strong project management skills
- FRM, CFA, CQF would be a plus
Responsibilities
- Expert in the Model development primarily for PD/LGD/EAD, CCAR loss estimation & PPNR, PRA stress testing, Scenario analysis, IRB, IFRS 9, CCEL, credit rating models, and other credit risk models for retail, commercial or wholesale domain as per regulatory guidelines such as Capital Requirement Regulation (CRR) / Capital Regulation Directive (CRD) IV/ IFRS9 and BASEL
- Expert in the Model validation process involves understanding of model validation/ Risk Management guidelines such as SR 11/7 and SS 3/18, model development document, testing, and benchmarking and report writing
- Sound knowledge of current market trends and the regulatory agenda related to credit risk models particularly from a UK/US/European context
- Ability to independently review model documentations, undertake appropriate qualitative & quantitative analysis and author high quality analytical documentation
- Assist clients in developing and implementing credit risk models, providing advice and guidance as needed
- Prepare and deliver presentations to clients on credit risk topics
- Manage projects and ensure deliverables are completed on time and within budget
- Good written and verbal communication and presentation skills and ability to build report with the stakeholders to suggest the solution and communicate the impacts
Mandatory Skill Sets
Credit Risk Quant
Preferred Skill Sets
Model Development / Validation
Years Of Experience Required
4+ Years
Education Qualification
MBA/CA
Education
(if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Bachelor of Engineering, Master of Business Administration
Degrees/Field Of Study Preferred
Certifications
(if blank, certifications not specified)
Required Skills
Credit Risk Management
Optional Skills
SoCs
Desired Languages
(If blank, desired languages not specified)
Travel Requirements
Not Specified
Available for Work Visa Sponsorship
No
Government Clearance Required
No
Job Posting End Date
