Credit Risk Manager

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 actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks.

Meaningful work you'll be part of
As a Credit Risk 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:

• Leading the execution of credit risk projects, such as model development, validation , internal audit and implementation of credit risk methodologies including but not limited to obligor and facility risk rating, Basel regulatory capital, economic capital, and stress testing models, allowance for loan and lease loss models (e.g., IFRS9). Assist assurance teams with reviews of clients' model development and validation processes

• Collaborating with different lines of business to develop new service offerings such as climate risk modeling and artificial intelligence/machine learning model risk management .

• 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 Machine Learning, GenAI and climate risk modeling . .

• 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 to solve
• Hands on experience in a financial services risk department or professional services firm with credit risk modeling

• Experience in credit risk management and credit risk modeling

• E xperience using Retail and Wholesale credit modeling techniques for adjudication, risk management, capital management and allowance calculations ( e.g. IFRS9)

• Development, implementation and assessment of quantitative credit risk measurement methodologies

• Post secondary degree in Economics, Statistics, Mathematics, Physics, Engineering, Financial Engineering or other relevant fields .

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

• 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

• E xperience and exposure to AI/ML modeling, including theoretical approach and related technology and platforms (such as Vertex AI, Azure AI, etc. ) would be an asset

• Significant experience and proven ability in at least one of the following programming languages/software s : Python, R, SQL, SAS, C++, etc.

• PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer.

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.