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Financial Risk - Capital Management, Senior Manager

Line of Service:Advisory

A career in our Balance Sheet Management practice, 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. Our team provides our clients with gap assessments as well as design and implement processes to facilitate asset and liability management, funding and liquidity planning and stress testing, and capital management. You’ll help build tools that enable our clients to efficiently utilise capital and liquidity resources, consistent with regulatory expectations.

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 a Senior Manager, 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:
• Encourage everyone to have a voice and invite opinion from all, including quieter members of the team.
• Deal effectively with ambiguous and unstructured problems and situations.
• Initiate open and candid coaching conversations at all levels.
• Move easily between big picture thinking and managing relevant detail.
• Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.
• Contribute technical knowledge in area of specialism.
• Contribute to an environment where people and technology thrive together to accomplish more than they could apart.
• Navigate the complexities of cross-border and/or diverse teams and engagements.
• Initiate and lead open conversations with teams, clients and stakeholders to build trust.
• Uphold the firm's code of ethics and business conduct.

A career in Capital Management, within Financial Services Advisory Risk & Regulatory, will allow you to advise financial institutions on continuing to enhance their stress testing capabilities and responding to regulatory feedback. As clients continue to enhance their capabilities, you will help clients to utilize stress testing as an integral tool for risk and capital management and as a driver of core business insights, rather than simply a regulatory requirement.

Job Requirements and Preferences:

Basic Qualifications:

Minimum Degree Required:
Bachelor Degree

Minimum Years of Experience:
7 year(s)

Preferred Qualifications:

Degree Preferred:
Master Degree

Preferred Fields of Study:
Business Administration/Management, Accounting, Finance, Economics

Preferred Knowledge/Skills:

Demonstrates intimate-level abilities and/or proven record of success with one or more of the following:
• Banking products and services;
• Macroeconomic and regulatory environment as they relate to financial institutions; and,
• Business process design, modeling, and automation as well as related tools (e.g., visualization, bots).

Demonstrates intimate-level abilities and/or a proven record of success in how to lead or facilitate relevant project management or client consultations in the areas of risk management, emphasizing a combination of some of the following areas by:
• Understanding of risk-weighted assets (RWA) and capital guidelines in the Basel framework;
• Supporting the following as it relates to on- and off-balance sheet exposures: ALM modeling, RWA modeling, reviewing and challenging of balance sheet and RWA model projections under various macroeconomic scenarios;
• Having the ability to develop and document narratives for management and regulatory purposes including capital plan write up, support for model and assumption methodology and results;
• Demonstrating knowledge in capital stress testing processes, other stress testing process or regulatory reporting processes;
• Assessing regulatory requirements for regulatory capital and compliance issues in the banking industry (FRTB, CCAR, ICAAP, PRA, Volker, Basel III etc.);
• Demonstrating familiarity with the application and limitations of risk and reporting metrics used by banks;
• Demonstrating proactive risk management strategies and tools, including risk identification, market risk reporting, limit monitoring/escalation and excess resolution;
• Demonstrating expe

Location: New York, NY (+1 other)

Posted: Aug. 27, 2024, 11:46 p.m.

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