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PwC · 2 days ago

Financial Credit Risk, Manager

Charlotte, NC

Full-time

Hybrid

Mid, Senior Level

$99K/yr - $232K/yr

6+ years exp

PwC is a global leader in professional services, and they are seeking a Manager in their Balance Sheet Management practice within Financial Risk and Regulatory services. This role involves helping business leaders enhance their risk management capabilities and advising financial institutions on credit risk management topics.

AccountingBusiness DevelopmentConsultingFinanceFinancial ServicesTax Consulting

No H1B

Responsibilities

Develop new skills outside of comfort zone

Act to resolve issues which prevent the team working effectively

Coach others, recognise their strengths, and encourage them to take ownership of their personal development

Analyse complex ideas or proposals and build a range of meaningful recommendations

Use multiple sources of information including broader stakeholder views to develop solutions and recommendations

Address sub-standard work or work that does not meet firm's/client's expectations

Use data and insights to inform conclusions and support decision-making

Develop a point of view on key global trends, and how they impact clients

Manage a variety of viewpoints to build consensus and create positive outcomes for all parties

Simplify complex messages, highlighting and summarising key points

Uphold the firm's code of ethics and business conduct

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

Evaluate, design, and implement credit risk strategies to support our clients in addressing key market challenges

Qualification

Credit risk managementCredit process optimizationRisk rating model designCommercial lendingRegulatory assessmentsCurrent Expected Credit Losses (CECL)Data analysisClient relationship managementProject managementTeam leadershipCommunication skills

Required

Bachelor Degree

6 year(s) of experience

Preferred

Master Degree

Business Administration/Management, Statistics, Mathematics, Finance, Economics, Accounting

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, preferably in some combination of the following areas: 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), better aligning deal team execution and delivery to client segmentation schemes, implementing credit process redesign initiatives (e.g., target operating model for credit lifecycle), redesigning risk management organization or functional responsibilities, enhancing loan review processes, and/or enhancing loss mitigation/recovery processes

Managing credit risk processes, performing underwriting, credit analysis and assigning risk ratings (e.g., single, and dual risk rating frameworks), writing and reviewing risk management policies and procedures, 1st and 2nd line of defense experience

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

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), Where Applicable, Including 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, etc

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 (e.g., PPT presentations, summary reports/ memos, oral presentations)

Supervising teams to create a strong atmosphere of trust, seeking diverse views to encourage improvement and innovation, and coaching staff, including providing timely meaningful written and verbal feedback

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, and fostering a global mindset for the team

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, building consensus and presenting standard industry practices/point of view effectively