Senior Manager/ Manager/ Senior Associate - Risk Consulting- Financial Modelling Advisory - Hong Kon

Employer
PwC (PricewaterhouseCoopers)
Location
Hong Kong, Hong Kong
Salary
Competitive
Posted
Jan 14, 2022
Closes
Feb 13, 2022
Ref
13323470
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Line of Service
Advisory

Industry/Sector
Not Applicable

Specialism
Risk

Management Level
Senior Manager

Job Description & Summary
A career within General Consulting services, will provide you with the opportunity to help clients seize essential advantages by working alongside business leaders to solve their toughest problems and capture their greatest opportunities. We work with some of the world's largest and most complex companies to understand their unique business issues and opportunities in an ever changing environment. We help create sustainable change by stimulating innovation, unlocking data possibilities, navigating risk and regulatory complexity, optimising deals, and aligning costs with business strategy to create a competitive advantage.

To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be an authentic and inclusive leader, at all grades/levels and in all lines of service. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As a Senior Manager/ Manager , you'll work as part of a 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:

Valuation and Financial modelling
  • Developing and validating valuation models with advanced mathematical program (e.g. Mathlab, Numerix etc.) / coding for various financial products including but not limited to plain vanilla derivatives and structured or exotic derivatives (e.g. Accreting Bermudan swaption, CMS Swap, Range Accrual Note, etc.)
  • Developing and reviewing valuation methodology and models for valuation adjustment (ie. XVA, CVA, FVA etc.), rate validation, independent pricing validation (IPV), bid offer reserve and fair value hierarchy etc.
  • Providing valuation and quantitative support to both internal and external stakeholders.


You will also:
  • Use feedback and reflection to develop self-awareness, personal strengths and address development areas.
  • Delegate to others to provide stretch opportunities and coach to help deliver results.
  • Develop new ideas and propose innovative solutions to problems.
  • Use a broad range of tools and techniques to extract insights from current trends in business area.
  • Review your work and that of others for quality, accuracy and relevance.
  • Share relevant thought leadership.
  • Use straightforward communication, in a structured way, when influencing others.
  • Able to read situations and modify behaviour to build quality, diverse relationships.
  • Uphold the firm's code of ethics and business conduct.


Required qualification and skills
  • Bachelor degree or above in Finance or quantitative discipline, preferably major in Financial Engineering, Quantitative Finance, Mathematics, Statistics or Risk Management. Advanced postgraduate degree would be an advantage.
  • Strong technical skills with high level of coding inclination and proficiency in Excel VBA, Python, Matlab, C#, R or SQL
  • Qualify member of CFA, FRM, CQF, QRM is preferred
  • Strong verbal and written communication skills
  • Excellent independent research skills and high degree of drive; and ability to multi-tasking with good attention to detail and judgement on prioritisation


Preferred qualification and skills
  • 8+ years of experience in quantitative research or risk management capacity
  • Less relevant experience will be considered for Manager or Senior associate role
  • PhD graduate in Engineering, Applied mathematics, Mathematical finance and other quantitative discipline with less experience will also be considered
  • Knowledge of
    • Common market risk / treasury management systems (e.g. Murex, RiskManager, Kondor+, Bloomberg or Numerix) and relevant hands-on implementation / operation experience;
    • Different financial products (fixed income, equity and other complex financial instruments)
    • Various financial pricing models (e.g. Stochastic Volatility Model, Local Volatility Model, Black model, Hull white model)
    • Different statistical and stimulation techniques used in financial and risk modelling (e.g. different VaR methodology, behavioural models, Monte Carlo stimulation etc.)
  • Experience in
    • Market risk, counterparty credit risk or/and other financial risk management
    • Basel II.5, Basel III FRTB or related regulations implementation and treasury/ risk system enhancement project
    • Valuation, product control, ALM or/and other treasury finance function
    • Experience or knowledge on economic or statistical projection techniques (e.g. time series, Logistic regression) is preferred.
    • Experience/ knowledge on various Interest rate risk in banking book(IRRBB) behavioural modelling and automatic option is preferred.
    • Experience/ knowledge on different VaR models methodology
    • Understanding and experience in various financial model


The PwC China (including Mainland China, Hong Kong, Macau) does not accept unsolicited resumes from search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of PwC China (including Mainland China, Hong Kong, Macau). PwC China (including Mainland China, Hong Kong, Macau) is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under the local law.

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

Desired Languages (If blank, desired languages not specified)

Travel Requirements
Not Specified

Available for Work Visa Sponsorship?
Yes

Government Clearance Required?
No

Job Posting End Date

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