IN_Manager_ Market Risk with Liquidity/ALM_FST-CT,C&M_Advisory_Mumbai
Line of Service Advisory Industry/Sector FS X-Sector Specialism Risk Management Level Manager 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 are seeking a skilled market risk quant with a strong understanding of the Market Risk, Derivative Pricing, VaR , ES, Treasury processes , Hedge Accounting, Funds Transfer Pricing regulations.
The individual should have expertise in quantitative modelling and knowledge of financial products in Treasury ( derivative & fixed-incom e)
Responsibilities
- M aster’s degree in finance , Economics, Mathematics, Statistics, Financial Engineering or a related quantitative field , ensuring a strong foundation in complex financial modeling U nderstanding of market risk concepts and regulations, particularly Fair Valuation, VaR , ES, SACCR, Sensitivities, Collateral Risk Management , Hedge Effectiveness & Hedge Accounting Understanding and interpreting the computation of risk measures ( VaR , SACCR, ES, Back testing etc.), management of risk limits, risk reporting etc.
- Experience in risk management within a financial institution, preferably in a market risk or quantitative analysis role Knowledge of Treasury operations in Front-office, Mid-office and Back-office Proficiency in programming languages such as Python, R
- MATLAB for data analysis and modeling Excellent verbal and written communication skills for effective articulation of complex quantitative concepts
- a collaborative approach for working in team environments with other analysts, risk managers
- IT professionals Detail-oriented with strong organizational skills and ability to manage multiple priorities 5 + years of experience in market risk model development/validation FRM/CQF/CFA certification would be a plus Market Risk Model Development or Validation experience covering Value 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 and other coherent risk measures, modeling dependence: correlations and copulas, term structure models of interest rates
- volatility modeling Perform review of the risk models and methodologies in accordance with Basel requirements as a part of the third line of defense in the model risk management cycle.
- Collaborate with internal audit and compliance teams to facilitate audits and regulatory inspections related to Basel market risk implementation and models Conduct periodic interactions with the development and the validation teams to understand their assessment of the model Ensure accuracy of the model design and risk analysis
- Validate the accuracy of the testing and assessment carried out by model developers and validators.
- Perform independent testing around the sensitivity analysis, model implementation and other components of the model to assess the accuracy Conduct quantitative analysis of market data, including historical market data and current market trends, to identify potential risks and recommend appropriate risk mitigation strategies Raise audit observations and assess the severity of the same.
- Communicate these observations to the relevant stakeholders with appropriate reasoning and get approvals for the same.
- Stay up to date with industry trends, regulations
- best practices related to market risk management Strong quantitative and analytical skills, including proficiency in statistical analysis and risk modeling Possess knowledge of derivative products, valuation and pricing methodologies and sensitivity analysis Mandatory skill sets: Market Risk Model Development / Validation Preferred skill sets: Financial Product knowledge, Any Programming language experience Years of experience required: 6 to 9 Years Education qualification: Qualified CAs or Postgraduate with - with minimum 6 years of experience in Banks, Rating Agencies, Consulting Firms, Analytical Software Companies Education (if blank, degree and/or field of study not specified) Degrees/Field of Study required: Chartered Accountant Diploma Degrees/Field of Study preferred: Certifications (if blank, certifications not specified) Required Skills Market Risk Model Development / Validation Optional Skills Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Anti-Bribery, Anti-Money Laundering Compliance, Business Ethics, Coaching and Feedback, 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 {+ 35 more} Desired Languages (If blank, desired languages not specified) Travel Requirements Available for Work Visa Sponsorship?
- Government Clearance Required?
- Job Posting End Date July 14, 2026