Senior Associate

Line of Service

Advisory

Industry/Sector

FS X-Sector

Specialism

Operations

Management Level

Senior Associate

Job Description & Summary

A career within Financial Risk and Regulatory services, will provide you with the opportunity to help business leaders embed a proactive and dynamic risk management capability and mind set into their corporate business practices. From strategy through to implementation, we help put in place people, processes and technology so they can leverage financial risk management to identify new opportunities and pursue success as smoothly, systematically and sustainably as possible in the face of changing markets, technologies and competition.

Job Description:
PwC India is seeking a highly motivated and experienced Credit Risk Professional to join our team. The
Credit Risk Professional will be responsible for developing and implementing effective credit risk
management strategies for our clients.
Location: Mumbai/Bangalore
Job Designation: Associate to Senior Associate Level
Responsibilities:
 Expert in the Model development primarily for PD/LGD/EAD, CCAR loss estimation & PPNR, PRA
stress testing, Scenario analysis, IRB, IFRS 9, CCEL, credit rating models, and other credit risk models
for retail, commercial or wholesale domain as per regulatory guidelines such as Capital Requirement
Regulation (CRR) / Capital Regulation Directive (CRD) IV/ IFRS9 and BASEL
 Expert in the Model validation process involves understanding of model validation/ Risk
Management guidelines such as SR 11/7 and SS 3/18, model development document, testing, and
benchmarking and report writing
 Sound knowledge of current market trends and the regulatory agenda related to credit risk models
particularly from a UK/US/European context
 Ability to independently review model documentations, undertake appropriate qualitative &
quantitative analysis and author high quality analytical documentation
 Assist clients in developing and implementing credit risk models, providing advice and guidance as
needed
 Prepare and deliver presentations to clients on credit risk topics
 Manage projects and ensure deliverables are completed on time and within budget
 Good written and verbal communication and presentation skills and ability to build report with the
stakeholders to suggest the solution and communicate the impacts
Requirements:
 Bachelor's or Master's degree in finance, economics, mathematics, or a related field
 3-5 years of relevant experience in credit risk management, with knowledge of PD/LGD/EAD, CCAR
loss estimation & PPNR, PRA stress testing, Scenario analysis, IRB, IFRS 9, CCEL, credit rating models,
and other credit risk models
 Advanced statistical and quantitative modelling skills: Linear regression, logistic regression, ARIMA
modelling, Markov Chain, Merton Model, and other data mining/predictive modelling skills
 Strong programming skills in Python, R, SAS, Excel VBA, and other programming languages
 Good soft skills, including effective communication, team collaboration, and client engagement
 Strong project management skills
 FRM, CFA, CQF would be a plus

Mandatory Skills: Credit Risk Quant Modelling
Preferred Skills: Model Development
Years of Experience: 3-8 Years
Qualification: Bachelor's or Master's degree in finance, economics, mathematics, or a related field

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

Credit Risk Modeling

Optional Skills

Change Management

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date