Line of Service

Advisory

Industry/Sector

FS X-Sector

Specialism

Operations

Management Level

Senior Associate

Job Description & Summary

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.

*Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "

Job Description & Summary:

PwC India is seeking a highly skilled Risk Transformation professional to join our team. The Professional will be responsible for developing and implementing effective risk management strategies for our clients.

Responsibilities:
   1.   · Collaborate with stakeholders to translate business needs into functional specifications while managing expectations and ensuring effective communication across teams.
2.   · Stay abreast of industry trends, regulations, and best practices relevant to risk management.
3.   · Demonstrate expertise in risk transformation techniques such as change management, stakeholder management, and business analysis.
4.   · Familiarity with essential artifacts like Business Requirements Documents (BRD), Functional Specifications Documents (FSD), Gantt Chart, RACI Matrix, and Requirements Traceability Matrix (RTM) is desired.
5.   · Experienced in Agile methodologies and Scrum teams, with familiarity in tools like JIRA, Confluence, Rally, and Azure DevOps.
6.   · Possess practical experience in financial products such as derivatives, fixed income, foreign exchange (FX), equities, etc.
7.   · Display a strong understanding of trade lifecycles, global regulations, and trading/investment banking processes.
8.   · Operate proficiently within both agile and waterfall project methodologies, comprehending the specific deliverables required for each methodology.
9.   · Conduct thorough market risk assessments for clients and develop robust risk management strategies.
10.   · Exhibit exceptional attention to detail and maintain high-quality standards in documentation, processes, and control environments.
11.   · Ability risk metrics such as Current Exposure (CE), Potential Future Exposure (PFE), Expected Exposure (EE), EEPE, etc.
12.   · Strong understanding alue at Risk (VaR), Stress VaR (historical full revaluation, Taylor var approximation (delta gamma method), Monte Carlo) for linear instruments and derivative products, VaR mapping, back-testing VaR, Expected Shortfall, Market risk Stress testing Loss estimation, RWA calculation, Sensitivity & Scenario analysis.
13.   · Bring experience working as a Senior Business Analyst/Lead Business Analyst on projects involving climate risk, cloud migration, IFRS9, CVA, risk calculation, back-testing methodologies, FRTB, and regulatory reporting (e.g., EMIR, CFTC, MIFID, SFTR).
14.   · Contribute to regulatory transformation projects focused on Basel 2.5/3/4.
15.   · Possess outstanding communication and stakeholder management skills.
16.   Requirements:
17.   · Hold a bachelor’s or master’s degree in a relevant field.
18.   · Demonstrate proficiency in data analysis, data migration, data validation, and data manipulation.
19.   · Exhibit strong soft skills, including effective communication, team collaboration, and client engagement.
20.   · Possession of FRM certification would be advantageous.

Mandatory skill sets:
Business Analyst
Preferred skill sets:
Risk Transformation - Market Risk

Years of experience required:
3 to 10 Years
Education qualification:
Post graduation

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Postgraduate (Diploma)

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Business Analysis

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Anti-Bribery, Anti-Money Laundering Compliance, Business Ethics, Code of Ethics, Communication, Compliance and Governance, Compliance and Standards, Compliance Auditing, Compliance Frameworks, Compliance Program Implementation, Compliance Reporting, Compliance Review, Compliance Risk Assessment, Compliance Training, Controls Compliance, Creativity, Cybersecurity Risk Management, Data Analysis and Interpretation, Data Protection Management (DPM), Disability Support, Embracing Change {+ 30 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date

IN-Senior Associate_ BA - Risk Transformation - Market Risk_Captive Financial Services_Advisory_Mumbai

PWC

Job Description

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