Jobs for People with MS: National MS Society

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PwC Financial Risk - Capital Management, Senior Associate in Boston, Massachusetts

Specialty/Competency: Financial Risk

Industry/Sector: Banking and Capital Markets

Time Type: Full time

Travel Requirements: Up to 60%

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 treasury risk management at PwC, you will focus on assessing and mitigating financial risks for clients, assisting in effective cash management and liquidity, and optimising capital allocation strategies. You will provide advice in risk analysis, hedging strategies, and regulatory compliance to help clients navigate the complexities of treasury operations.

Focused on relationships, you are building meaningful client connections, and learning how to manage and inspire others. Navigating increasingly complex situations, you are growing your personal brand, deepening technical expertise and awareness of your strengths. You are expected to anticipate the needs of your teams and clients, and to deliver quality. Embracing increased ambiguity, you are comfortable when the path forward isn’t clear, you ask questions, and you use these moments as opportunities to grow.

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

  • Respond effectively to the diverse perspectives, needs, and feelings of others.

  • Use a broad range of tools, methodologies and techniques to generate new ideas and solve problems.

  • Use critical thinking to break down complex concepts.

  • Understand the broader objectives of your project or role and how your work fits into the overall strategy.

  • Develop a deeper understanding of the business context and how it is changing.

  • Use reflection to develop self awareness, enhance strengths and address development areas.

  • Interpret data to inform insights and recommendations.

  • Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.

A career in Capital Management, within Financial Services Advisory Risk & Regulatory, will allow you to advise financial institutions on continuing to enhance their stress testing capabilities and responding to regulatory feedback. As clients continue to enhance their capabilities, you will help clients to utilize stress testing as an integral tool for risk and capital management and as a driver of core business insights, rather than simply a regulatory requirement.

Job Requirements and Preferences :

Basic Qualifications :

Minimum Degree Required :

Bachelor Degree

Minimum Years of Experience :

3 year(s)

Preferred Qualifications :

Degree Preferred :

Master Degree

Preferred Fields of Study :

Business Administration/Management, Mathematical Statistics, Statistics, Applied Mathematics, Financial Mathematics, Mathematics, Accounting & Finance, Finance, Financial Markets, Economics and Finance, Quantitative Finance, Banking and Finance, Economics, Business Analytics

Preferred Knowledge/Skills :

Demonstrates thorough abilities and/or proven record of success with one or more of the following:

  • Banking products and services;

  • Macroeconomic and regulatory environment as they relate to financial institutions; and,

  • Business process design, modeling, and automation as well as related tools (e.g., visualization, bots).

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

  • Understanding of risk-weighted assets (RWA) and capital guidelines in the Basel framework;

  • Supporting the following as it relates to on- and off-balance sheet exposures: ALM modeling, RWA modeling, reviewing and challenging of balance sheet and RWA model projections under various macroeconomic scenarios;

  • Having the ability to develop and document narratives for management and regulatory purposes including capital plan write up, support for model and assumption methodology and results;

  • Demonstrating knowledge in capital stress testing processes, other stress testing process or regulatory reporting processes;

  • Assessing regulatory requirements for regulatory capital and compliance issues in the banking industry (FRTB, CCAR, ICAAP, PRA, Volker, Basel III etc.);

  • Demonstrating familiarity with the application and limitations of risk and reporting metrics used by banks;

  • Demonstrating proactive risk management strategies and tools, including risk identification, market risk reporting, limit monitoring/escalation and excess resolution;

  • Demonstrating experience with front office systems and market data and understanding of data flow between multiple systems including reporting tools; and,

  • Having the ability 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.

Demonstrates thorough abilities and success with identifying and addressing client needs by:

  • Actively participating in client discussions and meetings;

  • Identifying and addressing client needs: building, maintaining, and utilizing 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 thorough abilities and success as a team leader and individual contributor by:

  • 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.

Learn more about how we work: https://pwc.to/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: 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.

The salary range for this position is: $84,000 - $202,000, 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: https://pwc.to/benefits-at-a-glance

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