Line of Service Advisory Industry Sector FS X-Sector Specialism Risk Management Level Senior Associate Summary 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 Why PWC At PwC you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities This purpose-led and values-driven work powered by technology in an environment that drives innovation will enable you to make a tangible impact in the real world We reward your contributions support your wellbeing and offer inclusive benefits flexibility programmes and mentorship that will help you thrive in work and life Together we grow learn care collaborate and create a future of infinite experiences for each other Learn more At PwC we believe in providing equal employment opportunities without any discrimination on the grounds of gender ethnic background age disability marital status sexual orientation pregnancy gender identity or expression religion or other beliefs perceived differences and status protected by law We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm s growth To enable this we have zero tolerance for any discrimination and harassment based on the above considerations Summary Must hold a Master s or Ph D degree in Mathematics Statistics Financial Engineering or a related quantitative field ensuring a strong foundation in complex financial modeling 10 years of experience in market risk model development validation Proficiency in programming languages such as Python R and strong analytical skills for effective data interpretation and model analysis Excellent verbal and written communication skills for effective articulation of complex quantitative concepts and a team-oriented approach for working in team environments with other analysts risk managers and IT professionals Candidates with exposure to FRTB- Standardized Approach implementation or FRTB IMA - Model development experience will be preferred FRM CQF CFA certification would be a plus Responsibilities Market Risk Model Development or Validation experience covering Value at Risk VaR Stress VaR historical full revaluation Taylor var approximation delta gamma method Monte Carlo for linear instruments and derivative products VaR mapping back-testing VaR Expected Shortfall Market risk Stress testing Loss estimation RWA calculation Sensitivity Scenario analysis and other coherent risk measures modeling dependence correlations and copulas term structure models of interest rates and volatility modeling Deep understanding of the Fundamental Review of the Trading Book FRTB regulations specifically expertise in the Internal Models Approach IMA and the Standardized Approach SA IMA CVA Experience is preferred Demonstrated experience in development validation of quantitative models within the banking sector aligning with FRTB standards particularly in market risk modeling Familiarity with risk factor modellability concepts and adeptness in calculating capital requirements under FRTB guidelines Perform the back test of the distribution of simulated risk factors Conduct quantitative analysis of market data including historical market data and current market trends to identify potential risks and recommend appropriate risk mitigation strategies Stay up to date with industry trends regulations and best practices related to market risk management Mandatory skill sets Market Risk Quant Preferred skill sets Model Development Validation and FRTB Years of experience required 3 Years Education qualification Master s or Ph D degree Education if blank degree and or field of study not specified Degrees Field of Study required Chartered Accountant Diploma Master of Business Administration Degrees Field of Study preferred Certifications if blank certifications not specified Required Skills Market Risk Optional Skills Accepting Feedback Accepting Feedback Active Listening Analytical Thinking Anti-Bribery Anti-Money Laundering Compliance Business Ethics Code of Ethics Communication Compliance and Governance Compliance and Standards Compliance Auditing Compliance Frameworks Compliance Program Implementation Compliance Reporting Compliance Review Compliance Risk Assessment Compliance Training Controls Compliance Creativity Cybersecurity Risk Management Data Analysis and Interpretation Data Protection Management DPM Disability Support Embracing Change 30 more Desired Languages If blank desired languages not specified Travel Requirements Not Specified Available for Work Visa Sponsorship No Government Clearance Required No Job Posting End Date

📌 In Senior Associate Market Risk Quant Gcc Advisory Mumbai (India)
🏢 PwC
📍 India