Assurance - OAS - Financial Services - Risk and Prudential

Job description / Role

Assurance - OAS - Financial Services - Risk and Prudential - Senior Associate

Line of Service
Assurance

Specialism
Assurance

Management Level
Senior Associate

Job Description & Summary
Due to the rapid growth of in our Financial Services business, our Risk Assurance team currently has opportunities for ambitious and highly motivated Senior Associates with a proven track record of high quality delivery of client projects. We would like to hear from Senior Associates with experience of working with Risk and Prudential assurance background.

Responsibilities:
As a Senior Associate, you will work as part of a team of problem solvers with extensive FS experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to:

- Proactively assist in the management of several clients, while reporting to Managers and above
- Establish effective working relationships directly with clients
- Manage day-to-day engagement operations, including preparing concise, accurate documents and balancing project economics management with the occurrence of unanticipated issues; demonstrating flexibility in prioritizing and completing tasks; and communicating potential conflicts to leadership
- Creating high quality deliverables using appropriate business and technical language
- Collaborating directly with clients, identifying and addressing client needs through building solid relationships with clients; understanding the client's business; communicating a broad range of Firm services to the client in an organized and knowledgeable manner and actively participating in client discussions and meetings;
- Contribute to the development of your own and teams technical acumen
- Keep up to date with local and national business and economic issues
- Lead teams and develop junior members of staff through training, coaching, mentoring and supervision
- Help identify opportunities on new/existing clients
- Continue to develop internal relationships and your PwC brand
- Work with colleagues across PwC offices supporting our clients and internal initiatives

Requirements

Knowledge/Skills Requirements:
Demonstrate knowledge of risk management areas relevant to financial institutions, including the following:

- Knowledge of risk management methodologies and disciplines, including value at risk, quantitative analysis, liquidity
- stress testing and scenario analysis with an emphasis in the banking industry.
- Knowledge of a minmum of 2 of the following areas:

* Credit risk: Obligor & facility risk rating, PD/LGD/EAD models, allowance models, pricing models, etc.
* Market risk: strategy, management, processes and technology solutions
* Operational risk: Ops risk methodologies and tools (RCSA, KRI, loss database)
* Liquidity risk: Strategy, management, contingency funding plans, cash and capital management, ALM

- Preparing prudential returns such as ICAAP, ILAAP, IRRBB, Pillar III, Large exposures and similar returns along with basic understanding of Basel III and IV requirements.
- Knowledge of banking products including lending, deposits, fixed income, derivatives, foreign exchange, etc.

Qualification, Experience and Skills:

- Education: Bachelor's degree in relevant subject areas such as Finance, Economics, Business etc.
- Credential must be obtained prior to being promoted to Manager
- 3 years of progressive experience in FS Consulting environment/ FS Industry;
- Excellent organisational skills, having the ability to prioritise work load whilst being resilient and being able to cope well under pressure and meeting tight deadlines;
- Excellent communication, report writing and presentation skills (verbal and written)
- Proven IT skills in use of MS Office (MS Excel, MS Word, MS Projects, MS Visio, MS PowerPoint)
- The ability and willingness to travel within the Middle East and worldwide where the project dictates

About the Company

At PwC Middle East, we've set out an ambitious purpose and strive to live it everyday: to solve important problems and build trust in society.

We're a community of solvers that come together in unexpected ways to build trust and create sustained outcomes. We solve important problems, support one another as we grow, develop and build fulfilling careers.

PwC provides industry-focused services for public and private clients across Assurance and Audit, Deals, Consulting, Tax and Legal. We draw on our development legacy that brings together the collective experience of over 7,000 people in our region with offices across 12 countries to solve for tomorrow.

We're striving to consistently deliver innovative work that builds trust and delivers sustained outcomes. And we're proud of the strength that comes from all our different backgrounds and experiences and we value everyone's uniqueness. We thrive in uncertainty, operate with integrity and leverage the diverse perspectives of our teams.

If you're looking for a place that fuels your ambition to make a difference, that matches your curiosity with continuous learning opportunities and reimagines ways of working to enable you to lead a more balanced life, then you're a future PwCer.