PwC Experience Center Stockholm · 1 month ago
Financial Credit Risk, Senior Manager
Boston, MA
Full-time
Onsite
Senior Level, Lead/Staff
$124K/yr - $280K/yr
8+ years expPwC is a leading professional services firm that focuses on risk and compliance. The Senior Manager in Financial Credit Risk will provide strategic advice to clients on managing financial risks, optimize capital allocation strategies, and lead teams in developing effective credit risk management solutions.
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
Required
Bachelor Degree
8 year(s)
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; and, 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; and, Keeping leadership informed of progress and issues
Benefits
Medical
Dental
Vision
401k
Holiday pay
Vacation
Personal and family sick leave
And more
Company
PwC Experience Center Stockholm
PwC Experience Center Stockholm is a Design Services industry.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase