Credit Risk Manager
- Full-time
Line of Service
AssuranceIndustry/Sector
Not ApplicableSpecialism
Financial RiskManagement Level
ManagerJob Description & Summary
A career in our Financial Services Risk & Regulatory Group - Financial Risk Management Credit Risk Modelling practice will provide you with the opportunity to help financial institutions rethink their approach to risk by developing a distinctive strategy and creating capabilities and performance. We play an important part in helping our clients assess design and develop solutions that not only help them manage risk but also transform risk and complexity into a sustainable advantage.Our team helps financial institutions with predictive modeling needs including but not limited to measure and manage the risk associated with borrowers counterparties or other third parties who have a financial or contractual commitment to them expected credit loss measurement (IFRS9 and CECL) capital measurement/stress testing. As part of the team youll help with credit risk modeling model risk management as well as AI/ML/GenAI modeling for financial institutions.
Meaningful workyoullbe part of
As a Credit Risk Manageryoullwork as part of the leadership team of problem solvers helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:
Leading the execution of credit risk projects such as model development validationinternalauditand implementation of credit risk methodologies including but not limited to obligor and facility risk rating Basel regulatory capital economic capital stress testing modelsandallowance for loan and lease loss models (e.g. IFRS9).Assistingassurance teams with reviews of clients model development and validation processes
Collaborating with different lines of business to develop new service offerings such asartificialintelligence (AI)/machine learning(ML)/generative artificial intelligence (GenAI)model risk management
Collaborate with the team members at various levels to lead and develop compelling client proposals white papers thought leadership and points of view describing the business challenge and proposed businesssolutionson the topics such asMachine LearningGenAIandclimate riskmodeling etc.
Provide coaching to team members during project execution as well as career development
Build andmaintaineffectivetrustingand collaborative client relationships
Experiences and skillsyoulluse
Excellent oral and written communication skills in English. Ability to converse with a wide range of stakeholders to explain complex concepts ineasy-to-followterms
Experience in credit risk management and credit risk modeling
Hands on experience in a financial services risk departmentor professional services firmwith credit risk modeling
Experience using Retail and Wholesale credit modeling techniques for adjudication risk management capitalmanagementand allowance calculations (e.g.IFRS9)
Developmentimplementationand assessment of quantitative credit risk measurement methodologies
Masters or PhDdegree in Economics Statistics Mathematics Physics Engineering FinancialEngineeringor other relevant fields
Advanced analytical problem solving and multitasking/project management skills
Advancedunderstanding and knowledge of credit risk processes credit risk analytics risk rating methodologies risk managementpoliciesand risk management organization structures
Exposure to a wide range of retail (consumer and small business) and commercial lendingproducts and processes (such as commercial & industrial loans commercial real estate asset-based lending project finance leasing etc.) would be an asset
Experience and exposure to AI/ML modelingGenAI use casesincluding theoretical approach and related technology and platforms(such asVertex AI Azure AIetc.)would be an asset
Proven abilities especially creative problem-solvingutilizecredit risk management softwaredataandmethodologyin the completion of client engagements including leveraging related technology vendors and their application.Creativethinking is an asset
Exceptional commitment to providing excellent client service by building andmaintainingproductive relationships with both internal and external clients
Significant experienceand proven ability in at least one of the following programming languages/software: Python R SQL SAS C etc.
PwC Canada is committed to cultivating an inclusive hybrid work environment. Exact expectations for your team can be discussed with your interviewer
This newly created role reflects our commitment to growth and delivering distinctive value for our clients and stakeholders.
The salary range for this position is $112400 - $162400. The posted salary rangerepresentsthe expected hiring range for PwC locations in major citycentres. Given our national recruiting approach ranges may vary for positions in other locations. At PwC Canada base salary isdeterminedby your skills experiencequalificationsand work location.In addition to base salary eligible employees may have opportunities toparticipatein variable incentive pay programs which are designed to reward individual and firm-wide achievements.We are committed to offering competitive compensation and adhere to all relevant pay transparency legislation.During the hiring process our Talent Acquisition team will provide details about our comprehensive total rewards package.
Whyyoulllove PwC
Wereinspiring and empowering our people to change the world. Powered by the latest technologyyoullbe a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work and our continuous development environment will take your career to the next level. We reward your impact and support your wellbeing through a competitive compensation package inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at: Canada acknowledges that we work and live across Turtle Island on the land that is now known as Canada which are the lands of the ancestral treaty and unceded territories of the First NationsMétisand Inuit Peoples. We recognize the systemic racismcolonialismand oppression that Indigenous Peoples have experienced and still go through and we commit to allyship and solidarity.
Education (if blank degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank certifications not specified)
Required Skills
Optional Skills
Accepting Feedback Accepting Feedback Active Listening Actuarial Science Analytical Thinking Coaching and Feedback Communication Complex Data Analysis Creativity Embracing Change Emotional Regulation Empathy Financial Data Mining Financial Modeling Financial Risk Analysis Financial Risk Management Inclusion Intellectual Curiosity Learning Agility Optimism Presenting Financial Reports Professional Courage Relationship Building Risk Analysis Risk Model Implementation 8 moreDesired Languages (If blank desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship
NoGovernment Clearance Required
NoJob Posting End Date
Were committed to providing accommodation throughout the application interview and employment process. If you require accommodation to be at your best please let us know during the application process.The use of artificial intelligence (AI) in recruiting is just getting started so we know you have questions about how and why we use it. At certain points during our recruiting process we rely on AI to improve your experience. This could be during resume review or curating personalized job recommendations asking you clarifying questions via a chatbot or during our interview scheduling to improve your experience. Our use of AI helps ensure we combat bias by evaluating candidates equally and fairly without seeing identity information such as your name or gender for example). AI also helps us better predict successful hires by reviewing all applicants for a role and the relationship between your skills experience and likely success at PwC Canada. While AI supports parts of our recruitment process final hiring decisions always involve human review. For more information about our use and protection of your data please refer to our Privacy Policy ( tenons à répondre à vos besoins tout au long du processus de demande demploi dentrevue et dembauche. Si vous avez besoin de mesures dadaptation pour être parfaitement à laise faites-le-nous savoir à létape de la demande demploi.Lutilisation de lintelligence artificielle (IA) dans le domaine du recrutement en est à ses balbutiements. Nous savons que vous pourriez vous demander comment et pourquoi nous y avons recours. À certains stades de notre processus de recrutement nous comptons sur lIA pour améliorer votre expérience. Par exemple pendant lexamen du curriculum vitæ ou lélaboration dune liste de recommandations personnalisées un agent conversationnel pourrait vous demander des précisions ou fixer avec vous un rendez-vous pour lentrevue. LIA nous aide à mieux lutter contre les préjugés car lévaluation des candidats se fait de façon juste et équitable sans que les informations didentification comme le nom ou le sexe soient connues. Elle nous permet également de mieux repérer les bons candidats pour un poste et dévaluer le lien entre leurs compétences leur expérience et leurs chances de réussir chez PwC Canada. Bien que lIA facilite certaines étapes de notre processus de recrutement les décisions finales dembauche sont toujours prises par des personnes. Pour en savoir plus sur lutilisation et la protection de vos données personnelles consultez notre politique sur la protection des renseignements confidentiels ( Experience:Manager
Key Skills
Arm,Risk Management,Financial Services,Cybersecurity,COSO,PCI,Root cause Analysis,COBIT,NIST Standards,SOX,Information Security,RMF
Employment Type : Full-Time
Experience: years
Vacancy: 1
Create a job alert for this search
Credit Risk Manager • Toronto, Ontario, Canada
Manager, Credit Risk & Reporting
Senior Manager, Credit & Risk — Consumer Financing Builder
){kind=logo}
Senior Credit Risk Leader — Team Management & Compliance
Remote Credit Risk Program Lead
Senior Business Credit Risk Management Advisor
ERM Manager: Credit Risk & Analytics Lead
Senior Credit Risk Lead for Special Loans
Manager, Credit Risk Governance and Oversight
Manager, Credit Risk & Reporting
Credit Risk Strategy Lead — Analytics & Loss Mitigation
Senior Risk Manager
Senior Manager, Credit Risk Management
Credit Risk Strategist - Tundra Technical Solutions
Manager, Credit Risk Provisions and Analytics
Credit Risk Analyst, Corporate Banking - Growth & Impact
Credit Risk Model Manager
Manager/Senior Manager, Credit Risk Models - Financial Engineering & Modeling
){kind=logo}