Line of Service

Advisory

Industry/Sector

FS X-Sector

Specialism

Risk

Management Level

Senior Associate

Job Description & 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.

.WhyPWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes forour 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 foreach 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.

Job Description & Summary:

Prior experience with Banks / NBFCs, preferably with mid office experience in - credit policy & processes, credit ratings/scoring, credit risk modelling, regulatory requirements and preferably should have played a role in defining them

Responsibilities:

a) Understanding of the wholesale, retail and other lending (like Micro Finance) products

b) Sound knowledge on Regulatory and accounting areas like Basel Accords and IFRS 9 (ECL)

c) Experience in wholesale / retail model (risk parameter estimations like PD, LGD, EAD, pooling) development and validations

d) Understanding of credit processes, compliances and regulatory requirements

e) Ability to take an integrated approach to Enterprise Risk Management (ERM)

The candidate also needs to have proficiency in one of the following:

I. Prior experience in advising Banks/ NBFCs/ Insurance on the above areas

II. Prior experience with Banks / NBFCs, preferably with mid office experience in - credit policy & processes, credit ratings/scoring, credit risk modelling, regulatory requirements and preferably should have played a role in defining them

THE INDIVIDUAL

1. Prior experiences in managing and motivating the team in risk related areas

2. Strong ability to map client business requirements and convert the same to a viable business proposition

3. Strong communication skills with client facing experience

4. Lead by example and motivate the team Good attitude and be a part of team player

5. Ability to interact and make presentations at the CXO level

6. Provide strategic decisions to team and clients

7. Prior working knowledge with open solutions like R/Python is preferred

8. Will be able to take responsibility on revenue numbers and bring new clients to the group

Mandatory skill sets:

Credit Risk Quant

Preferred skill sets:

Model Development / Validation

Years of experience required:

4+ Years

Education qualification:

. Qualified CAs or Postgraduate with - with minimum 6 years of experience in Banks, Rating Agencies, Consulting Firms, Analytical Software Companies

Education

Degrees/Field of Study required: Chartered Accountant Diploma

Degrees/Field of Study preferred:

Certifications

Required Skills

Credit Risk Analytics

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

Travel Requirements

Not Specified

Available for Work Visa Sponsorship

No

Government Clearance Required

No

Job Posting End Date

September 7, 2026

IN-Sr Associate_ Credit Risk Quant _ FST-CT,C&M_Advisory_Mumbai