Credit Risk Manager
Toronto - 18 York Street, Canada
PwC
We unite expertise and tech so you can outthink, outpace and outperformâ.Line of Service
AssuranceIndustry/Sector
Not ApplicableSpecialism
Conduct and ComplianceManagement Level
ManagerJob 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 actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks.
Meaningful work youâll be part ofÂ
As a Credit Risk Manager, youâll work 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:Â
Leading the execution of credit risk projects, such as model development, validation, internal audit and implementation of credit risk methodologies including but not limited to obligor and facility risk rating, Basel regulatory capital, economic capital, and stress testing models, allowance for loan and lease loss models (e.g., IFRS9). Assist assurance teams with reviews of clientsâ model development and validation processesÂ
Collaborating with different lines of business to develop new service offerings such as climate risk modeling and artificial intelligence/machine learning model risk management.Â
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 business solutions on the topics such as Machine Learning, GenAI and  climate risk modeling..Â
Provide coaching to team members during project execution as well as career developmentÂ
Build and maintain effective, trusting and collaborative client relationshipsÂ
Experiences and skills youâll use to solveÂ
Hands on experience in a financial services risk department or professional services firm with credit risk modelingÂ
Experience in credit risk management and credit risk modelingÂ
Experience using Retail and Wholesale credit modeling techniques for adjudication, risk management, capital management and allowance calculations (e.g. IFRS9)Â
Development, implementation and assessment of quantitative credit risk measurement methodologiesÂ
Post secondary degree in Economics, Statistics, Mathematics, Physics, Engineering, Financial Engineering or other relevant fields.Â
Advanced understanding and knowledge of credit risk processes, credit risk analytics, risk rating methodologies, risk management policies and risk management organization structuresÂ
Exposure to a wide range of retail (consumer and small business) and commercial lending products and processes (such as commercial & industrial loans, commercial real estate, asset-based lending, project finance, leasing, etc.) would be an assetÂ
Experience and exposure to AI/ML modeling, including theoretical approach and related technology and platforms (such as Vertex AI, Azure AI, etc.âŻ) would be an assetâŻâŻâŻÂ
Significant experience and proven ability in at least one of the following programming languages/softwares: Python, R, SQL, SAS, C++, etc.Â
PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer.Â
Why youâll love PwCÂ
Weâre inspiring and empowering our people to change the world. Powered by the latest technology, youâll be 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: https://jobs-ca.pwc.com/ca/en/life-at-pwcÂ
PwC 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 Nations, MĂ©tis and Inuit Peoples. We recognize the systemic racism, colonialism and oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity.Â
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 more}Desired Languages (If blank, desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. Weâre committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.Weâre committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.To learn more about inclusion and diversity at PwC Canada: https://www.pwc.com/ca/en/about-us/diversity-inclusion.html. Be a part of The New Equation.Chez PwC Canada, notre atout le plus prĂ©cieux, câest notre personnel. Et câest en apprenant les uns des autres que nous devenons plus forts. Nous avons Ă cĆur de crĂ©er une communautĂ© Ă©quitable et inclusive de professionnels de la rĂ©solution de problĂšmes, dans laquelle chacun se sent vraiment Ă sa place. Nous savons que lâexpĂ©rience peut prendre diverses formes et, pour nous, donner confiance au public et rĂ©soudre des problĂšmes importants nâest possible que si notre milieu de travail reflĂšte la diversitĂ© de la sociĂ©tĂ© dans laquelle nous vivons.Nous tenons Ă rĂ©pondre Ă vos besoins tout au long du processus de demande dâemploi, dâentrevue et dâembauche. Si vous avez besoin de mesures dâadaptation pour ĂȘtre parfaitement Ă lâaise, faites-le-nous savoir Ă lâĂ©tape de la demande dâemploi.Pour en savoir plus sur lâinclusion et la diversitĂ© chez PwC Canada: https://www.pwc.com/ca/fr/about-us/diversity-inclusion.html. Faites partie de La Nouvelle Ă©quation.* Salary range is an estimate based on our AI, ML, Data Science Salary Index đ°
Tags: Azure Credit risk Data analysis Data Mining Economics Engineering Finance Generative AI Industrial Machine Learning Mathematics ML models Physics Python R SAS SQL Statistics Testing Vertex AI
Perks/benefits: Career development Competitive pay
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