ByThe job listing for the Market Risk – Manager role at PwC in Bangalore, India, offers a challenging opportunity within the Model Risk and Validation practice. As part of the Risk Data and Analytics services, this role focuses on helping clients develop sustainable approaches to harness the value of their data, specifically in the context of risk management and valuation.
Key Responsibilities:
- Develop, validate, and audit market risk and counterparty credit risk models.
- Manage quantitative market and counterparty risk analytical models independently.
- Support financial institutions in meeting regulatory requirements and broader risk management initiatives.
- Collaborate with clients to design and implement strategic changes across various functions such as risk management, treasury, and valuation processes.
Core Skills and Experience Required:
- Expertise in statistical/mathematical modeling, quantitative research, and counterparty/market risk management.
- Strong knowledge in areas such as Counterparty Credit Risk (PFE, CVA, XVA), pricing and valuation of derivatives, risk metrics modeling, market risk scenarios, and stress testing.
- Proficiency in programming and algorithms, with experience in R, Python, SAS, Matlab, Scala, and VBA.
- Familiarity with global regulatory topics like BASEL II/III, IFRS 9, CCAR/DFAST, and FRTB.
- Experience with financial products such as equity, derivatives, swaps, and OTC products.
Additional Skills:
- Solid analytical and problem-solving skills.
- Excellent communication skills.
- Ability to lead and manage large, complex engagements.
- Understanding of market trends in the financial services sector.
Educational Background:
- Master’s degree or higher in a quantitative discipline (Economics, Statistics, Mathematics, etc.), with relevant certifications (CQF, FRM, CFA, CPA) being a plus.
To Apply:
- Interested candidates can apply through the following link: PwC Hiring Market Risk Manager .
