Risk Data and Analytics - Model Risk and Validation - Senior Associate in New York, New York | DiversityInc Careers

Risk Data and Analytics - Model Risk and Validation - Senior Associate

A career in our Model Risk and Validation practice, within Risk Data and Analytics services, will provide you with the opportunity to help our clients develop a strategic and sustainable approach to harness the value of their data and drive business results. We work with organisations across industries to develop customised, cost effective technology solutions that focus on delivering the relevant, actionable intelligence that executives need to understand operations and manage critical risks. As part of the team, you’ll help organisations manage the deployment and maintenance of complex models used for risk management and valuation.


As a Senior Associate, you’ll work as part of a team of problem solvers with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to:

  • Proactively assist in the management of several clients, while reporting to Managers and above
  • Train and lead staff
  • Establish effective working relationships directly with clients
  • Contribute to the development of your own and team’s technical acumen
  • Keep up to date with local and national business and economic issues
  • Be actively involved in business development activities to help identify and research opportunities on new/existing clients 
  • Continue to develop internal relationships and your PwC brand

Job Requirements and Preferences:

Basic Qualifications:

Minimum Degree Required:
Master Degree

Required Fields of Study:
Mathematics, Physics, Statistics, Engineering and Business

Minimum Years of Experience:
3 year(s)

Preferred Qualifications:

Degree Preferred:
Doctor of Philosophy

Preferred Knowledge/Skills:
Considerable knowledge and understanding of value-at-risk or earnings at risk, cash flow at risk, and derivative valuations.
- Considerable knowledge and capabilities in the following areas: Monte Carlo Simulations, research and development of risk management models involving market risk, credit risk, operational risk and economic capital areas.
- Considerable knowledge of capital markets and counterparty risk management.
- Considerable knowledge of providing risk and scenario analysis on complex products to assist engagement teams as they measure and manage key risk exposures for their clients, including performing analysis and testing on new pricing models and new yield curves across all applicable trading products.
- Considerable knowledge of Financial Derivatives including Credit Derivatives. Demonstrated research experience in numerical methods and stochastic modeling.
- Proven success in a role and thorough abilities programming with proficiency in various statistical packages, including broad-based exposure to other risk management disciplines involving market and operational risks, and economic capital and loan pricing fundamentals.
- Demonstrated thorough abilities with identifying and addressing client needs: actively participating in client discussions and meetings; communicating a broad range of Firm services; managing engagements including preparing concise, accurate documents and balancing project economics management with the occurrence of unanticipated issues.
- Demonstrated thorough abilities as a team leader: creating a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members; providing candid, meaningful feedback in a timely manner; and keeping leadership informed of progress and issues.
- Proven success in a role and thorough abilities with fixed income portfolio analytics and analyzing performance for all asset classes relative to the market, performance attribution, risk analysis and risk reporting. Thorough technical skills in MS Office (Word, Excel, Access, PowerPoint) and Lotus Notes.

All qualified applicants will receive consideration for employment at PwC without regard to race; creed; color; religion; national origin; sex; age; disability; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, marital, or citizenship status; or any other status protected by law. PwC is proud to be an affirmative action and equal opportunity employer.Advertisement
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