Senior Manager, Credit Risk Modelling

PricewaterhouseCoopers International; Toronto; On-site; CAD 80,000 - 140,000; Full time

Job summary

Join an innovative firm where you'll lead the charge in transforming financial risk management. As a Senior Manager in Credit Risk Modelling, you'll develop advanced credit risk models that help banking clients navigate complex regulatory landscapes. Collaborating with a diverse team of problem solvers, you'll turn intricate challenges into actionable insights, enhancing predictive power through cutting-edge AI and machine learning techniques. This role not only offers the chance to make a significant impact in the financial sector but also provides a supportive environment for your professional growth and well-being, ensuring you thrive both at work and in life.

Benefits

Competitive compensation package

Inclusive benefits

Flexibility programs

Career development opportunities

Qualifications

• Lead the development and implementation of credit risk models for banking clients.
• Provide technical oversight and guidance to a team of quantitative analysts.
• Translate complex regulatory requirements into practical modeling solutions.

Responsibilities

• Develop and validate credit risk models and strategies for banking clients.
• Communicate modeling methodologies to technical and non-technical stakeholders.
• Identify opportunities for model enhancement leveraging advanced AI/ML techniques.

Skills

Credit Risk Management

Statistical Modeling

Machine Learning Algorithms

Programming (Python, R, SAS)

Data Visualization

Analytical Skills

Problem Solving

Education

Master's degree or PhD in Statistics

Master's degree in Economics

Master's degree in Finance

Tools

PowerBI

Tableau

Vertex AI

Azure AI

Job description

A career in our Financial Risk Management Credit Risk Modelling practice will provide you with the opportunity to help Financial Institutions reimagine their risk strategies. Your role is crucial in aiding clients to evaluate, design, and implement solutions that not only manage risk but also turn risk and complexity into sustainable advantages.In this role, you will lead the development and implementation of advanced credit risk models for our banking clients, ensuring regulatory compliance while delivering actionable insights that drive business value.

Meaningful work you’ll be part of

As a Credit Risk Modelling Senior Manager, you’ll work as part of the leadership 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:

• Lead the development, validation, and implementation of credit risk models and strategies for banking clients

• Provide technical oversight and guidance to a team of quantitative analysts and risk modelers

• Translate complex regulatory requirements (Basel, IFRS 9, CECL) into practical modeling solutions

• Communicate modeling methodologies and results to both technical and non-technical stakeholders

• Identify opportunities for model enhancement and innovation to improve predictive powerleveraging advanced AI/ML techniques

• Partner with client stakeholders to understand business needs and translate them into modeling requirements

• Collaborate with the team members at various levels to lead and develop compelling client proposals, white papers, thought leadership and points of view, describing the business challenge and proposed business solutions on the topics such as credit risk analytics, credit risk strategies, GenAI etc.

• Provide coaching to team members during project execution as well as career development

• Build and maintain effective, trusting and collaborative client relationships

Experiences and skills you’ll use

• Experience in credit risk management and credit risk modeling within financial services

• Deep expertise in statistical modeling techniques and machine learning algorithms applied to credit risk for credit lifecycle management (adjudication, account management, collections), scoring, capital management (e.g. AIRB) and allowance calculations (e.g. IFRS9)

• Advanced understanding and knowledge of credit risk processes, credit risk analytics, risk rating methodologies, risk management policies and risk management organization structures

• Proficiency in programming languages such as Python, R, or SAS

• Experience with data visualization tools such as PowerBI, Tableau etc.

• Advanced analytical, problem solving and multitasking/project management skills

• Experience and exposure to AI/ML modeling techniques and related technology and platforms (such as Vertex AI, Azure AI, etc.) would be an asset

• Exposure to a wide range of retail (consumer and small business) and commercial lending products and processes (such as commercial & industrial loans, commercial real estate, asset-based lending, project finance, leasing, etc.) would be an asset

• A demonstrated commitment to valuing differences, developing and coaching diverse teams, and ensuring diverse perspectives are heard

• Master's degree or PhD in Statistics, Analytics, Mathematics, Economics, Finance, or related quantitative field

Why you’ll love PwC

We’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at: https://jobs-ca.pwc.com/ca/en/life-at-pwc

PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations, Métis and Inuit Peoples. We recognize the systemic racism, colonialism and oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity.

At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. We’re committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.
We’re committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.