TotalCyber.io
Cyber Security jobs across the world
Copyright 2024 All Rights Reserved by YipCraft
We will contibute 1% of your purchase to remove CO2 from the atmosphere.
IN-Senior Associate_Counterparty Credit Risk_Captive Financial Services_Advisory_Bengaluru
PwCBengaluru Millenia
Onsite
Full-time
Line of Service
AdvisoryIndustry/Sector
FS X-SectorSpecialism
OperationsManagement Level
Senior AssociateJob Description & Summary
A career within Financial Risk and Regulatory services, will provide you with the opportunity to help business leaders embed a proactive and dynamic risk management capability and mind set into their corporate business practices. From strategy through to implementation, we help put in place people, processes and technology so they can leverage financial risk management to identify new opportunities and pursue success as smoothly, systematically and sustainably as possible in the face of changing markets, technologies and competition.*Why PWC
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 moreabout us.
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. "
Counterparty Credit Risk
Job Description & Summary:
- Ensure the CCR stress test execution of EWST exercises (Group ICAAP and BoE stress test) within agreed timelines. This includes owning the end-to-end process from performing the stress test and support presenting the final deck for stakeholder’s sign-off.
- Ensure the CCR stress test execution of country exercises within agreed timelines. This includes owning the end-to-end process from performing the stress test and presenting the final deck for stakeholder’s sign-off.
Responsibilities:
- Ensure the CCR stress test execution of EWST exercises (Group ICAAP and BoE stress test) within agreed timelines. This includes owning the end-to-end process from performing the stress test and support presenting the final deck for stakeholder’s sign-off.
- Ensure the CCR stress test execution of country exercises within agreed timelines. This includes owning the end-to-end process from performing the stress test and presenting the final deck for stakeholder’s sign-off.
- Support presentation of the EWST stress results for internal review & challenge and subsequently the Accountable Executive within the agreed timelines for challenge and signoffs.
- Manage communication with all internal and external stakeholders like senior management on CCR stress testing related queries.
- Support in presenting the CCP (Central Counterparty) and CCR stress results at the working group and committee level for reporting of losses/impairments, CCR RWA, CVA RWA and excess EL.
- Take a more front ending role in country tests for CCP (Central Counterparty) and CCR stress results at the working group and committee level for reporting of losses/impairments, CCR RWA, CVA RWA and excess EL.
- Report, monitor and perform regular and ad-hoc investigation on stress test results and wrong way risk for the Derivatives portfolio.
- Review, update and maintain EWST and traded risk models/methodologies related to CCR stress testing. E.g. CCP stress test model, stress CVA RWA model and etc. to ensure they are compliant with regulatory and internal audit and governance requirements.
- Co-ordinate with MTCR (Market and Traded Credit Risk) CCRM (Counterparty Credit Risk Models) and Risk infrastructure team to review stress sensitivities/scenarios and implement stress tests aligned with regulatory requests.
- Provide input, insight and management to ensure that strategic infrastructure programs will deliver to the CCR business vision.
- Ensure that any CCR stress testing related policies and procedures, model standards, specifications documents, templates and processes are kept up-to-date.
- Adhere to the completeness of Operational Risk Control activities and comply with internal audit and governance standards including EUC policy, procedure documentation and etc.
- Develop internal relationships with the wider Enterprise Risk function, Country Risk Function and externally with the other teams within the Risk function including Traded Risk, Risk Measurement, Risk infrastructure and governance.
- Deliver a high-quality Structured Template Data (STDF) Templates, as per the requirements set out by the Prudential Regulation Authority (PRA) in the Bank of England (BoE) stress test
- Ensure compliance with governance related aspects of EST production and delivery.
Mandatory skill sets:
Counterparty Credit Risk (IMM, SACCR), SAS, & Stress Testing, Capital Market
Preferred skill sets:
Python
Years of experience required:
2-5 Years
Education qualification:
Graduate mandatory/Postgraduate
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Bachelor Degree, Master DegreeDegrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
Python (Programming Language)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 SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
IN-Senior Associate_Counterparty Credit Risk_Captive Financial Services_Advisory_Bengaluru
Location
Bengaluru Millenia
Workplace
Onsite
Type
Full-time