PwC Financial Risk Management (Financial Services) - Associate in Houston, Texas
Specialty/Competency: Financial Risk
Industry/Sector: Not Applicable
Time Type: Full time
Travel Requirements: Up to 20%
A career in our Advisory Acceleration Centre is the natural extension of PwC’s leading class global delivery capabilities. We provide premium, cost effective, high quality services that support process quality and delivery capability in support for client engagements.
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.
Custom Orgs :
Global LoS :
Global Network :
Global Competency Network :
Banking and Capital Markets
Job Requirements and Preferences :
Basic Qualifications :
Minimum Degree Required :
Minimum Years of Experience :
Preferred Qualifications :
Preferred Fields of Study :
Business Administration/Management, Finance, Economics, Statistics, Engineering, Mathematics, Computer and Information Science
Preferred Knowledge/Skills :
Demonstrates some abilities and/or proven record of success with one or more of the following:
Possessing knowledge of Financial Services products and services (e.g., Retail Banking, Commercial Banking, Capital Markets);
Possessing knowledge of macroeconomic and regulatory environment as they relate to financial institutions;
Possessing knowledge of business process design, modeling, and automation as well as related tools (e.g., Python, R, Tableau, Alteryx and VBA);
Possessing knowledge of balance sheet management, asset liability management (ALM), funds transfer pricing (FTP), capital management, financial performance management, capital stress testing, regulatory capital and hedging;
Possessing knowledge of liquidity management, including intraday liquidity management, cash management, cash flow forecasting, and funding planning;
Assessing regulatory requirements for regulatory capital and compliance issues in the banking industry (Basel III, FRTB, CCAR, etc.);
Being able to obtain, process and analyze large data sets, including through the usage of SQL, SAS, Teradata and other data analysis tools and understand technical and business requirements in those tools;
Leading and/or playing a significant role in commercial lending and credit process redesign initiatives, such as streamlining credit approval processes (including using robotics and / or artificial intelligence), better aligning deal team execution and delivery to client segmentation schemes, implementing credit process redesign initiatives, redesigning risk management organization or functional responsibilities, enhancing loan review processes, and/or enhancing loss mitigation/recovery processes;
Managing credit risk processes, performing underwriting, credit analysis and assigning risk ratings, developing risk management policies;
Developing, applying, and validating commercial credit risk methodologies including obligor and facility risk rating (e.g., PD, LGD, EAD) models, pricing models, etc; and,
Using Allowance for Credit Losses, including methodology, models and knowledge of US GAAP requirements 2under Current Expected Credit Losses (CECL). Knowledge of IFRS 9.
Demonstrates some abilities and/or a proven record of success, as both an individual contributor and team member, with identifying and addressing client needs:
Actively participating in client discussions and meetings;
Identifying and addressing client needs: building, maintaining, and using networks of client relationships and community involvement, communicating value propositions, managing resource requirements, project workflow, budgets, billing and collections, and preparing and/or coordinating complex written and verbal materials using extensive technical skills in MS Office;
Communicating complex messages clearly and concisely in verbal and written form;
Managing client feedback and navigating ambiguous situations to deliver on client requests; and,
Building relationships with internal and client stakeholders.
Demonstrates some abilities and/or a proven record of success as a team member:
Creating a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members;
Demonstrating thorough ability to communicate project goals and objectives, project status and deliverables, build consensus and present standard industry practices/point of view effectively;
Providing candid, meaningful feedback in a timely manner;
Keeping leadership informed of progress and issues; and,
Considering cross-cultural differences, seeking diverse views to encourage improvement and innovation, and fostering a global mindset for the team.
At PwC, our work model includes three ways of working: virtual, in-person, and flex (a hybrid of in-person and virtual). Visit the following link to learn more: https://pwc.to/ways-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: https://pwc.to/H-1B-Lottery-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.
For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.
For positions in Colorado, visit the following link for information related to Colorado's Equal Pay for Equal Work Act: https://pwc.to/coloradoadvisoryassociate.