Risk Consulting - Financial Risk Management (Manager)
PwC - PricewaterhouseCoopers, Singapore
Job Description
Line of Service
Advisory
Industry/Sector
FS X-Sector
Specialism
Risk
Management Level
Manager
Job Description & Summary
At PwC South East Asia Consulting, we help businesses to work smarter and grow faster. We partner with our clients to build effective organisations, innovate and grow, reduce costs, manage risk and regulation and, leverage talent. Our aim is to support businesses in designing, managing and executing lasting beneficial change.
PwC’s South East Asia Consulting practice provides a comprehensive range of professional services and experience to deliver large scale, cross territory transformation projects, wherever our clients need us to be – from strategy through to execution.
About the Team
PwC SEAC’s Risk Consulting practice works on financial risk model design and development, model validation, testing and other advanced data analytics. In particular, we focus on credit risk, Basel II capital, economic capital, operational risk, and insurance risk models. We also advise clients on various regulatory standards, including IFRS 9, IFRS 17, and the Basel II & III Accord requirements.
The 2008 financial crisis has introduced an unprecedented scale of regulatory changes in the global financial industry. Worldwide, banks now face the challenge of developing new and complex techniques to understand, capture and mitigate various risks. PwC Consulting is at the forefront of leading global and locally based banks in South East Asia in meeting the higher international expectations for risk quantification and management. We are a focused team, with technical expertise and international experience, looking to grow our team across Singapore, Malaysia, Thailand, Indonesia, Philippines and Vietnam. We are looking for skilled and collaborative individuals to join our exciting journey in shaping the future of the financial industry.
Job Specification
About the Role
Perform financial and statistical modeling and analytics for a wide range of client portfolios (financial and non-financial services)
Analyse and interpret quantitative results to understand business impact
Conduct review and analysis of credit risk, market risk, Basel II capital, operational, and insurance risk models
Demonstrate good communication skills, including the ability to document reports and presentations for clients
Demonstrate ability to apply judgment, initiative and lateral thinking to problem-solving
Work closely with the engagement teams and managers while understanding individual responsibilities and deliveries
Lead thought leadership groups and research and development activities as appropriate
Supporting Directors and Partners in the development of the Risk Consulting team across SEA
About you
The current financial regulatory landscape (Basel II/III, IFRS9, etc.)
Quantitative skills and ability to work with large complex datasets
Credit risk modelling experience (PD/LGD/EAD, stress-testing, economic capital, etc.)
Market risk modelling experience (IRRBB, ALM, etc)
Insurance modelling experience (Pricing, Reserving, IFRS17, etc.)
SAS, MATLAB, SPSS, R, Python (or similar statistical analytic tool)
University degree in a quantitative discipline (e.g. Mathematical Science, Financial Engineering, Actuarial, Statistics, etc.)
Analytical and independent thinker with strong English written and verbal communication skills
Minimum 4 - 6 years of relevant experience
Education(if blank, degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:
Certifications(if blank, certifications not specified)
Desired Languages(If blank, desired languages not specified)
Travel Requirements
Not Specified
Available for Work Visa Sponsorship?
Yes
Government Clearance Required?
No