Banking Market Risk and ALM Consultant

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Job description

About the team

Our Risk Management Services ALM Banking and Market Risk teams are growing fast and with our continued success in delivering high quality and differentiated support to our clients, we expect this to continue. As such, we expect you to take an active role in supporting the strategic management and running of the ALM Banking and Market Risk teams and its position in the wider Risk Management Services practice. This could include being involved in the development of one of our core product areas such as risk, liquidity, model validation, regulatory modelling, illiquid asset valuation and capital along with hedging, financial traded instruments and bank balance sheet optimisation. You will also be developing and presenting training programs for graduates and staff.

About the role

On a day-to-day basis, you'll manage and deliver a wide range of multidisciplinary assignments, interacting with banking (or Financial Institutions) clients often as the main point of day-to-day contact on assignments. Our team is involved in a wide range of banking projects and we bring together 'market and treasury/ALM knowledge. Many projects give you the opportunity to work in multidisciplinary teams or with people from our network firms overseas.

Essential skills and experience

• Bachelors and Masters degrees (PhD is a plus) in quantitative, numerical subject or finance related subjects

• Professional qualifications e.g. CFA, FRM, FIA is a plus.

• Good knowledge of banking models in one of the following areas: Risk Models, VaR, Valuation Discounted Cash Flow Model (illiquid assets), Counterparty Credit Risk Models

Professional:

•Should have prior experience in banking or consulting (preferably linked to Model Validation, Treasury related roles, Illiquid Asset Valuation) or other FS industry (e.g. pensions, insurance, asset management, clearing house)

•Preference to prior modelling experience

• Experience should reflect a good balance of business acumen in the area of experience as well quantitative knowledge of solving problems

•Soft Skills: Should have good people skills (this is required for effective team work and client management).

Additional:

•This might be useful but not necessary: proficiency in at least one of the coding languages (e.g. VBA, R, SAS, C++, Matlab, Python).

Who we're looking for

We're seeking Consultants with Banking Market Risk Modelling or ALM experience to join our UK Risk Management Services practice. Candidates may have gained this experience either through the quantitative side or through the CFA. Our Banking team work across a number of different propositions with a high number of the largest financial institutions. By bringing together capital markets, hedging and banking regulatory experience we are able to offer a differentiated perspective on balance sheet management and risk-based capital optimisation. Our aim is to continue to offer a full suite of services from strategic advice, assurance, modelling and execution support.

Risk
We're a leading provider of trust in the digital world - in the eyes of our people, our clients and our stakeholders. Today's business environment is different. More complex. More connected. Companies not only face new and unknown risks, but also new and untapped opportunities. Our team is at the forefront of this change, join us to be a part of transforming how risk is perceived and capitalised on.

Not the role for you?
Did you know PwC offer flexible contract arrangements as well as contingent work (ie temporary or day rate contracting)?

The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

Learn more here:

The Deal
We want all of our people to feel empowered to be the best that they can be, which is why we have 'The Deal'.

Find out more about our firmwide Employee Value Proposition:

Diversity
Valuing Difference. Driving Inclusion.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.