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PwC · 1 month ago

Financial Credit Risk, Senior Manager

MA-Boston

Full-time

Onsite

Senior Level, Lead/Staff, Director/Executive

$124K/yr - $280K/yr

PwC is a leading advisory services firm that focuses on risk and compliance. The Senior Manager in Financial Credit Risk will assess and mitigate financial risks for clients, optimize capital allocation strategies, and provide advice on regulatory compliance and risk analysis.

AccountingBusiness DevelopmentConsultingFinanceFinancial ServicesTax Consulting

No H1B

Responsibilities

Craft and convey clear, impactful and engaging messages that tell a holistic story

Apply systems thinking to identify underlying problems and/or opportunities

Validate outcomes with clients, share alternative perspectives, and act on client feedback

Direct the team through complexity, demonstrating composure through ambiguous, challenging and uncertain situations

Deepen and evolve your expertise with a focus on staying relevant

Initiate open and honest coaching conversations at all levels

Make difficult decisions and take action to resolve issues hindering team effectiveness

Model 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

Advise financial institutions on a broad range of credit risk management topics including organization and governance; credit process optimization; risk rating model design, build and implementation; credit regulatory assessments; and Current Expected Credit Losses (CECL) process and tools

Work on a team evaluating, designing, and implementing credit risk strategies to support our clients in addressing key market challenges

Qualification

Credit risk managementRisk rating model designCurrent Expected Credit Losses (CECL)Commercial credit risk methodologiesCredit analysisProject managementMS Office proficiencyCoachingClient relationship managementMentoringTeam leadership

Required

Demonstrates extensive-level abilities and/or a proven record of success in how to lead or facilitate relevant project management or client consultations in the areas of credit-related activities and credit risk management

Leading and/or playing a significant role in commercial and retail lending and credit process redesign initiatives, such as streamlining credit approval processes (including artificial intelligence)

Managing credit risk processes, performing underwriting, credit analysis and assigning risk ratings (e.g., single, and dual risk rating frameworks)

Developing, applying, and validating commercial and retail credit risk methodologies including obligor and facility risk rating (e.g., PD, LGD, EAD) models

Creating and executing design and application of commercial and retail credit risk reporting and analytics in a financial services organization

Possessing knowledge of Allowance for Credit Losses, including methodology, models, and US GAAP requirements under Current Expected Credit Losses (CECL) and knowledge of IFRS 9

Selecting, implementing and/or using commercial and retail credit risk workflow, analytic tools - e.g., Moody's, S&P, nCino, and/or, reporting technologies

Demonstrating familiarity with commercial and retail credit regulatory guidance covering CECL, credit risk review systems, underwriting/annual reviews

Possessing completion of a formal credit training program

Demonstrates extensive-level abilities and/or a proven record of success with designing and implementing process improvement solutions, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint)

Leveraging know-how of a wide range of commercial and retail loan types, including C&I, CRE, ABL, Leasing, Project Finance, Leveraged Lending, fund financing

Operating successfully as both an individual contributor and team member, identifying and addressing client needs

Preparing, coordinating, and delivering complex written and verbal materials to clients and senior management

Supervising teams to create a strong atmosphere of trust, seeking diverse views to encourage improvement and innovation

Identifying and addressing client needs by building and maintaining trust (e.g., client relationship management)

Considering cross-cultural differences, seeking diverse views to encourage improvement and innovation

Demonstrating experience in working with and managing on-shore and off-shore teams

Demonstrating thorough ability to communicate project goals and objectives, project status and deliverables

Keeping leadership informed of progress and issues