Associate - Consulting - Risk Modelling Services (FY24 Talent Pool)

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Risk

Management Level

Associate

Job Description & Summary

A career in our Enterprise Risk Management practice, within Risk and Compliance services, will provide you the opportunity to work with a team that provides clients with extensive risk and controls technical knowledge and sector specific experience. You’ll have the opportunity to develop a holistic approach to risk that protects businesses, facilitates strategic decision making and enhances efficiency by assisting management in the assessment of project risks and controls.

Our team helps organisations identify and assess risks that affect their business objectives. As a part of the team, you’ll help our clients reduce their costs and improve the effectiveness of their governance, risk and compliance activities, and assess, design, or implement enterprise risk management capabilities.

PwC SEAC’s Risk and Modelling Service team 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 global financial world 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.

To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As an Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Invite and give in the moment feedback in a constructive manner.

• Share and collaborate effectively with others.

• Identify and make suggestions for improvements when problems and/or opportunities arise.

• Handle, manipulate and analyse data and information responsibly.

• Follow risk management and compliance procedures.

• Keep up-to-date with developments in area of specialism.

• Communicate confidently in a clear, concise and articulate manner - verbally and in the materials I produce.

• Build and maintain an internal and external network.

• Seek opportunities to learn about how PwC works as a global network of firms.

• Uphold the firm's code of ethics and business conduct.

About the Role

• Conduct financial risk models design and development, model validation and testing,

• and other advanced data analytics on a wide range of client portfolios (financial services

• and insurance clients)

• Conduct review and analysis of credit risk, Basel II capital, operational, and insurance

• risk models

• Collaborate with key stakeholders during the implementation of projects

• Assist the team to deliver projects successfully by performing assigned tasks under the

• guidance of senior team members

• Demonstrate good communication skills, including the ability to document reports and

• presentations for clients

• Demonstrate ability to apply judgment, initiative and lateral thought to problem-solving.

Qualification:

• Open for Fresh Graduate (BS Mathematics, BS Statistics, BS Actuarial Science)

• If Accounting Graduate must have related FRM Internship

• Exposed on Any Analytical Platforms: Matlab, SPSS, SAS, R, R Studio, Python, Excel,

• VBA.

ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED FOR FURTHER RECRUITMENT PROCESS

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)

Required Skills

Enterprise Risk Management (ERM), Financial Risk, Insurance Risk Management, Model Risk, Model Validation, Operational Risks, Risk Compliance, Risk Management, Risk Models, Risk Quantification

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

Yes

Job Posting End Date