Financial Risk Transformation Director

Job Description

At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively. In regulatory risk compliance at PwC, you will focus on confirming adherence to regulatory requirements and mitigating risks for clients. You will provide guidance on compliance strategies and help clients navigate complex regulatory landscapes.

Translating the vision, you set the tone, and inspire others to follow. Your role is crucial in driving business growth, shaping the direction of client engagements, and mentoring the next generation of leaders. You are expected to be a guardian of PwC's reputation, understanding that quality, integrity, inclusion and a commercial mindset are all foundational to our success. You create a healthy working environment while maximising client satisfaction. You cultivate the potential in others and actively team across the PwC Network, understanding tradeoffs, and leveraging our collective strength.

Key Responsibilities

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

• Lead in line with our values and brand.
• Develop new ideas, solutions, and structures; drive thought leadership.
• Solve problems by exploring multiple angles and using creativity, encouraging others to do the same.
• Balance long-term, short-term, detail-oriented, and big picture thinking.
• Make strategic choices and drive change by addressing system-level enablers.
• Promote technological advances, creating an environment where people and technology thrive together.
• Identify gaps in the market and convert opportunities to success for the Firm.
• Adhere to and enforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance) the Firm's code of conduct, and independence requirements.

Director Role Details

As a Director of the Risk & Regulatory Advisory team, you will serve as a Subject Matter Expert and advise financial institutions on a broad range of credit risk management topics with a keen focus on wholesale loan transformation initiatives for First and Second Line of Defense, including the following: wholesale banking including lending and trading products and processes; governance policy, standards, and procedure assessment and development; Target Operating Model design, build and implementation; Risk data management, data governance; quality analysis and remediation. You will work on a team evaluating, designing, and implementing wholesale banking risk strategies to support our clients in effectively addressing key market challenges.

Job Requirements and Preferences

Basic Qualifications:

• Minimum Degree Required: Bachelor Degree
• Minimum Years of Experience: 10 year(s)

Preferred Qualifications:

• Degree Preferred: Master Degree
• Preferred Fields of Study: Business Administration/Management, Information Systems Management, Information Technology, Computer Science, Financial Mathematics, Mathematics, Accounting & Finance, Finance, Financial Markets, Economics and Finance, Quantitative Finance, Banking and Finance, Economics, Business Analytics, Mathematical Statistics, Statistics, Applied Mathematics, Engineering

Preferred Knowledge/Skills:

• Demonstrates thought leader abilities and/or a proven record of success in leading or facilitating relevant project/program management or client consultations in the areas of credit-related activities and risk management.

Specific Skills Include:

• Leveraging know-how of commercial and retail lending and the lending cycle or Counterparty credit and trading activities involving derivatives and securities financial transactions.
• Experience with risk reporting and BCBS 239 principles.
• Design and deliver effective solutions to transform banks’ risk reporting processes.
• Work with cross-functional teams to build/assess process workflows & controls in Risk Reporting.
• Conduct current state assessment, gap analysis, and Target Operating Model design related to Risk reporting processes.
• Ability to assess and develop/update Risk management policies and procedures.
• Perform regulatory remediation work and prepare documentation for compliance with regulatory findings.
• Develop data requirements and metrics to resolve data quality issues.
• General understanding of Internal Audit and Quality Assurance processes.

Additional Skills Include:

• Designing and implementing process improvement solutions using PC applications.
• Identifying and addressing client needs; preparing and delivering materials to clients and senior management.
• Supervising teams to create an atmosphere of trust and coaching staff.
• Communicating project goals and objectives to keep leadership informed of progress and issues.

Learn more about how we work: https://pwc.to/how-we-work

PwC does not intend to hire job seekers who will need sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.

All qualified applicants will receive consideration for employment at PwC without regard to any status protected by law. PwC is proud to be an affirmative action and equal opportunity employer.

The salary range for this position is: $148,000 - $317,000, plus potential annual discretionary bonus. Actual compensation will depend on experience, qualifications, and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, and more. To view our benefits at a glance, please visit: https://pwc.to/benefits-at-a-glance