Job Description

Line of Service AdvisoryIndustry/Sector FS X-SectorSpecialism OperationsManagement Level Senior Associate & 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.:
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/Delhi NCR/Bangalore
Grade: Senior Associate
Experience: 6 Years
Role Summary
The role demands a proficient level of understanding of Credit Risk pertaining to IFRS9 and IRB
regulations along with strong hands-on experience in reporting/disclosures/development and coding
(Python, SAS, SQL). Knowledge of AI/M models and credit risk scorecards is useful.
Responsibilities:
\xe2\x97\x8f Expert in the Model development for PD/LGD/EAD, IRB, IFRS 9, CCEL, credit rating models, and
other credit risk models for retail, commercial or wholesale domain as per regulatory guidelines like
IFRS9 and IRB.
\xe2\x97\x8f Work with various stakeholders in understanding the regulatory requirements pertaining to Credit
Risk/ECL/CECL.
\xe2\x97\x8f Articulate the regulatory requirements into simpler, understandable statements as a Business
Requirement Document (BRD).
\xe2\x97\x8f Work with development team to model the requirements, and propose, calibrate, and implement
appropriate assumptions.
\xe2\x97\x8f Able to extract data & update reports for monthly reporting and understand drivers of movement
\xe2\x97\x8f Understanding of credit risk concepts like Impairment, Risk Weighted Assets (RWA), Delinquencies
etc.
\xe2\x97\x8f Ability to independently review model documentations, assumptions, undertake appropriate
qualitative & quantitative analysis and author high quality analytical documentation.
\xe2\x97\x8f Prepare and consolidate test cases across the ECL calculations, including any adjustments,
reconciliation, exception management, reporting, etc.
\xe2\x97\x8f Engage in constant and continuous communication with all the stakeholders to ensure smooth
completion of tasks and report any deviations from proposed timelines.
\xe2\x97\x8f Collaborate seamlessly across various business units, integrating change management principles to
ensure holistic alignment with organizational goals.
Requirements:
\xe2\x97\x8f Bachelor\'s or master\'s degree in finance, economics, mathematics, or a related field\xe2\x97\x8f 3-5 years of relevant experience in credit risk management, with knowledge of PD/LGD/EAD, stress
testing, Scenario analysis, IRB, IFRS 9, CCEL, credit rating models, and other credit risk models
\xe2\x97\x8f Strong programming skills in Python, R, SAS, SQL, Hadoop, and other programming languages.
\xe2\x97\x8f Experience in understanding and interpreting the regulatory rules related to Credit risk \xe2\x80\x93 ECL
computation under IFRS and IRB.
\xe2\x97\x8f
\xe2\x97\x8f Knowledge of reporting of ECL computations, RWA and Credit Risk Scorecards. Worked on credit
risk disclosures.
\xe2\x97\x8f Good soft skills, including effective communication, team collaboration, strong project
management skills and client engagement.
\xe2\x97\x8f FRM, CFA, CQF would be a plusMandatory skill sets-Credit Risk
Preferred skill sets- IFRS9
Year of experience required- 6+ Years
Qualifications- Post GraduationEducation (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 RisksOptional Skills IFRS 9Desired Languages (If blank, desired languages not specified)Travel RequirementsAvailable for Work Visa Sponsorship?Government Clearance Required?Job Posting End Date

PwC