R&R FS - Financial Risk Transformation - Experienced Associate Save for Later Remove job Job at PwC, Chicago, IL

ZmlXVm5IZ0JZcmM0T2g2SG1ucXpqZmVjV0E9PQ==
  • PwC
  • Chicago, IL

Job Description


At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively. In regulatory risk compliance at PwC, you will focus on confirming adherence to regulatory requirements and mitigating risks for clients. You will provide guidance on compliance strategies and help clients navigate complex regulatory landscapes.

Driven by curiosity, you are a reliable, contributing member of a team. In our fast-paced environment, you are expected to adapt to working with a variety of clients and team members, each presenting varying challenges and scope. Every experience is an opportunity to learn and grow. You are expected to take ownership and consistently deliver quality work that drives value for our clients and success as a team. As you navigate through the Firm, you build a brand for yourself, opening doors to more opportunities.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

  • Apply a learning mindset and take ownership for your own development.
  • Appreciate diverse perspectives, needs, and feelings of others.
  • Adopt habits to sustain high performance and develop your potential.
  • Actively listen, ask questions to check understanding, and clearly express ideas.
  • Seek, reflect, act on, and give feedback.
  • Gather information from a range of sources to analyse facts and discern patterns.
  • Commit to understanding how the business works and building commercial awareness.
  • Learn and apply professional and technical standards (e.g. refer to specific PwC tax and audit guidance), uphold the Firm's code of conduct and independence requirements.

As an Experienced Associate of the Risk & Regulatory Advisory team, you will serve as a Subject Matter Expert and advise financial institutions on a broad range of credit risk management topics with a keen focus on wholesale loan transformation initiatives for First and Second Line of Defense, including the following: wholesale banking including lending and trading products and processes; governance policy, standards, and procedure assessment and development; Target Operating Model design, build and implementation; Risk data management, data governance; quality analysis and remediation. You will work on a team evaluating, designing, and implementing wholesale banking risk strategies to support our clients in effectively addressing key market challenges.

Job Requirements and Preferences :

Basic Qualifications :

Minimum Degree Required :
Bachelor Degree

Minimum Years of Experience :
1 year

Preferred Qualifications :

Degree Preferred :
Master Degree

Preferred Fields of Study :
Business Administration/Management, Information Systems Management, Information Technology, Computer Science, Financial Mathematics, Mathematics, Accounting & Finance, Finance, Financial Markets, Economics and Finance, Quantitative Finance, Banking and Finance, Economics, Business Analytics, Mathematical Statistics, Statistics, Applied Mathematics, Engineering

Preferred Knowledge/Skills :

Demonstrates some abilities and/or a proven record of success in how to lead or facilitate relevant project/program management or client consultations in the areas of credit-related activities and risk management, emphasizing a combination of the following areas:

  • Leveraging know-how of commercial and retail lending (e.g. auto, credit card, mortgage, syndicated, committed and uncommitted bilateral, CRE, ABS), and the lending cycle or Counterparty credit and trading activities involving derivatives and securities financial transactions;

  • Experience with risk reporting (e.g. Single Name Exposure, Enterprise Concentration Risk Management, State of Risk) and BCBS 239 principles;

  • Design and deliver effective solutions to transform banks’ banking and trading book related risk reporting processes;

  • Work with cross-functional teams to analyze, modify and build/assess process workflows & controls in the Risk Reporting to enable effective management and accuracy of Risk data from various Risk stripes;

  • Conduct current state assessment, gap analysis and Target Operating Model design, build, and implementation pertaining to Risk reporting related processes;

  • Ability to assess Risk management policies, procedures and standards and develop/update them as needed;

  • Perform regulatory remediation work (e.g. MRA/MRIA remediation) and prepare documentation to evidence compliance with regulatory findings;

  • Develop data requirements and associated metrics to resolve data quality issues;

  • Identify data quality issues and performing root-cause analysis, remediation on the issues; and,

  • General understanding of Internal Audit and Quality Assurance processes and expectations.

Demonstrate some abilities and/or a proven record of success in each of the following areas:

  • Designing and implementing process improvement solutions, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint);

  • Identifying and addressing client needs. Prepare, coordinate, and deliver complex written and verbal materials to clients, senior management or (e.g., PPT presentations, summary reports/ memos, oral presentations);

  • Supervising teams to create an atmosphere of trust, seeking diverse views to encourage improvement and innovation, and coaching staff, including providing timely meaningful written and verbal feedback;

  • Identifying and addressing client needs by building and maintaining trust (e.g., client relationship management);

  • Considering cross-cultural differences, seek diverse views to encourage improvement and innovation, and fostering a global mindset for the team. Experience in working with and managing on-shore and off-shore teams;

  • Communicating project goals and objectives , project status and deliverables, build consensus and present standard industry practices/point of view effectively. Keep leadership informed of progress and issues; and,

  • Detail-oriented, organized, and able to multitask to meet deadlines under pressure.

Learn more about how we work:

PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy:

All qualified applicants will receive consideration for employment at PwC without regard to race; creed; color; religion; national origin; sex; age; disability; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, marital, or citizenship status; or any other status protected by law. PwC is proud to be an affirmative action and equal opportunity employer.

The salary range for this position is: $75,000 - $118,000, plus individuals may be eligible for an annual discretionary bonus. For roles that are based in Maryland, this is the listed salary range for this position. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation and more. To view our benefits at a glance, please visit the following link:

Job Tags

Holiday work, Full time, H1b,

Similar Jobs

Shula's Steak House

Busser / Food Runner - PM / Dinner Job at Shula's Steak House

 ...environment where you will have opportunities to grow! Equal Opportunity Employer Our tipped team members are paid the tipped minimum wage plus tips, the range is an estimate, not a guarantee. This restaurant front of house job for food runner will focus on guest... 

Worldwide Flight Services

(IAH) Part Time Airline Agent Passenger Services Job at Worldwide Flight Services

 ...Aviation cargo, Airline passenger, and Aviation ramp services. Our team of people is highly trained, highly skilled, and confident airport service professionals who are supported by local training and development. We are passionate, capable, and always willing to explore... 

Creative Chaos

Jr. Technical Recruiter Job at Creative Chaos

 ...We are looking for a Technical Recruiter to join our Talent Acquisition department and help us grow our IT teams. Technical Recruiter responsibilities...  ...candidates for various technical roles. You will also network online and offline with potential candidates to promote our employer... 

UTS

Windows and Doors Service Technician for Warranty Work Job at UTS

 ...experienced independent contractors to perform warranty service work for major door and window manufacturers and retailers across the United States. Our company brokers inspection, repair, and installation services, ensuring that our partners' products are maintained to the... 

Liberty Personnel Services, Inc.

Accounts Payable Specialist Job at Liberty Personnel Services, Inc.

 ...Job Details: Accounts Payable Specialist Role: As an Accounts Payable Specialist, you will report to an Accounts Payable Supervisor and your responsibilities will include processing high volume vendor invoices, miscellaneous payment requests and employee expense...