Job Description & SummaryAbout 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.
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, 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 team and manager while understanding individual responsibilities and deliveries
- Lead thought leadership groups and research and development activities as appropriate
- Support Directors and Partners in the development of the Risk Consulting team across SEA
About You
- Experience in managing a team (good people management skills)
- Understand 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.) is an advantage
- 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 5 - 10 years of relevant experience
- Openness to travel if the business requires
Education
Degrees/Field of Study required:
Degrees/Field of Study preferred:
Certifications
Required Skills
Optional Skills
Desired Languages
Travel Requirements
Not Specified
Available for Work Visa Sponsorship
No
Government Clearance Required
Yes
