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Stress Testing Senior Associate - Risk Modelling Services

London, United Kingdom, £ £ - Annual Annual, Permanent

Description:

We work with organisations across industries to develop customised, cost effective technology solutions that focus on delivering the relevant, actionable intelligence that executives need to understand operations and manage critical risks.

Responsibilities

  • As part of the team, you'll help organisations manage the deployment and maintenance of complex models used for risk management and valuation.
  • As a Stress Testing Senior Associate, you'll provide risk solutions to our top tier banking clients. In this newly created role, your specialist offering will be stress testing, including work focused on the forthcoming implementation of IFRS 9. You'll work on stress balance sheets and capital optimization, as well as quantitative advisory services, including quantitative analysis for banking audits.
  • As a Manager, you'll manage graduates/associates on engagements. You'll report to the leadership team and will have responsibilities around client relationship management.
  • The Stress Testing team is part of our Risk Modelling Services division, which is part of our wider Financial Services Risk and Regulation (FSRR) business. FSRR is a rapidly expanding team at PwC, which advises leading banking groups on a wide variety of risk, value and capital management issues. FSRR comprises around 80 partners and 1300 professional staff.

Requirements

  • Educated to degree level (or equivalent) in numerical subject
  • Previous experience of working within Banking organisations, or from a professional services background, covering credit risk, stress testing, treasury risk, model validation, risk management, or other relevant field
  • Understanding of Bank's P&L and balance sheets, as well as capital & financial planning functions
  • Experience in managing teams. Experience in client liaison and relationship management
  • Knowledge of at least one of the following: VBA, SAS, Matlab, C++, R, Python
  • Good knowledge of banking models in one of the following areas: IRB Models, Stress Testing Econometric Models, Economic Capital
  • Familiar with recent Regulatory developments e.g. BoE / ECB / EBA Stress Testing, ICAAP, MREL, FRTB
  • Exceptional communication skills, with emphasis on communicating technical complexity to both technical and non-technical audiences
  • Further qualification (such as MSc, PhD or professional qualification) in relevant subject/area, e.g mathematical finance, Econometrics or technical research involving maths or numerics.


Risk
We're a leading provider of trust in the digital world - in the eyes of our people, our clients and our stakeholders. Today's business environment is different. More complex. More connected. Companies not only face new and unknown risks, but also new and untapped opportunities. Our team is at the forefront of this change, join us to be a part of transforming how risk is perceived and capitalised on.

Not the role for you?
Did you know PwC offer flexible contract arrangements as well as contingent work (ie temporary or day rate contracting)?

The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.
Learn more here:

Diversity
Valuing Difference. Driving Inclusion.
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.

Job Details

1280753501
Full Time
London, United Kingdom
Permanent
£ £ - Annual Annual