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