Line of Service
Advisory
Industry/Sector
Not Applicable
Specialism
Financial Risk
Management Level
Director
Job Description & Summary
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.
About the Role
Review and develop financial and statistical modelling and analytics for a wide range of client portfolios (financial and non-financial services)
Drive development of new methodologies and approaches
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 strong communication skills, including the ability to document reports and presentations for clients
Demonstrate ability to apply judgment, initiative and lateral thought 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
Develop and maintain strong client relationships and share insights and experiences with clients
Support Partners in the development of the Risk Consulting team across SEA
Drive and develop internal initiatives to support the Risk Consulting teams across SEA and the wider consulting practice
Preferred 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.)
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 years experience required
Minimum 10 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: Bachelor Degree
Certifications
(if blank, certifications not specified)
Required Skills
Optional Skills
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