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FINANCIAL RISK AND REGULATORY - FINANCIAL SERVICES LIQUIDITY RISK - SENIOR MANAGER

PwC • Arlington Heights, IL 60006 • Posted 4 days ago

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In-person • Full-time • $130,000-$256,000/yr • Senior Manager

Job Highlights

Using AI ⚡ to summarize the original job post

As a Senior Manager in the Balance Sheet Management practice within Financial Risk and Regulatory services at PwC, you will help business leaders embed a proactive and dynamic risk management capability and mindset into their corporate business practices. This role involves helping clients build tools to efficiently utilize capital and liquidity resources, consistent with regulatory expectations, and includes gap assessments, process design, and implementation for asset and liability management, funding and liquidity planning, stress testing, and capital management.

Responsibilities

  • Encourage everyone to have a voice and invite opinion from all, including quieter members of the team.
  • Deal effectively with ambiguous and unstructured problems and situations.
  • Initiate open and candid coaching conversations at all levels.
  • Move easily between big picture thinking and managing relevant detail.
  • Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realizes they are required.
  • Contribute technical knowledge in area of specialism.
  • Contribute to an environment where people and technology thrive together to accomplish more than they could apart.
  • Navigate the complexities of cross-border and/or diverse teams and engagements.
  • Initiate and lead open conversations with teams, clients and stakeholders to build trust.
  • Uphold the firm's code of ethics and business conduct.

Qualifications

Required

  • Minimum Degree Required: Bachelor Degree
  • Minimum Year(s) of Experience: 7 year(s)

Preferred

  • Master Degree preferred
  • Preferred Fields of Study: Analytics, Applied Mathematics, Banking and Finance, Engineering and Business, Finance & Investment Analysis, International Business, Mathematical Economics, Mathematical Statistics, Quantitative Finance, Risk Management
  • Preferred Knowledge/Skills: In-depth level abilities in project management and/or client consultations in the area of Treasury, including knowledge of Financial Services products and services, treasury instruments and financial products used to manage liquidity and balance sheet risk, and regulatory environment as they relate to financial institutions.
  • In-depth level abilities and understanding of Liquidity Risk Management, including knowledge of liquidity management, liquidity stress testing, contingency funding planning, cash flow forecasting, and recovery and resolution planning.
  • Experience executing proactive risk management strategies, frameworks and tools, including risk identification, risk reporting, limit monitoring/escalation and excess resolution.
  • Ability to design and implement process improvement solutions and analyze financial and/or balance sheet data, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint).

About PwC

PricewaterhouseCoopers (PwC) is a multinational professional services firm specializing in accounting, tax advisory, consulting, and deals advisory. Operating in over 160 countries, PwC assists clients worldwide with financial reporting, risk management, and business strategy. As one of the Big Four accounting firms, PwC is renowned for its industry expertise and innovative problem-solving approach.

Full Job Description

Industry/SectorBanking and Capital MarketsSpecialismFinancial RiskManagement LevelSenior ManagerJob Description & SummaryA career in our Balance Sheet Management practice, 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. Our team provides our clients with gap assessments as well as design and implement processes to facilitate asset and liability management, funding and liquidity planning and stress testing, and capital management. You’ll help build tools that enable our clients to efficiently utilise capital and liquidity resources, consistent with regulatory expectations.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 a purpose-led and values-driven leader at every level. 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, 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:Encourage everyone to have a voice and invite opinion from all, including quieter members of the team.Deal effectively with ambiguous and unstructured problems and situations.Initiate open and candid coaching conversations at all levels.Move easily between big picture thinking and managing relevant detail.Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.Contribute technical knowledge in area of specialism.Contribute to an environment where people and technology thrive together to accomplish more than they could apart.Navigate the complexities of cross-border and/or diverse teams and engagements.Initiate and lead open conversations with teams, clients and stakeholders to build trust.Uphold the firm's code of ethics and business conduct.Job Requirements and Preferences:Basic Qualifications:Minimum Degree Required:Bachelor DegreeMinimum Year(s) of Experience:7 year(s)Preferred Qualifications:Degree Preferred:Master DegreePreferred Fields of Study:Analytics,Applied Mathematics,Banking and Finance,Engineering and Business,Finance & Investment Analysis,International Business,Mathematical Economics,Mathematical Statistics,Quantitative Finance,Risk ManagementPreferred Knowledge/Skills:Demonstrates in- depth level abilities in project management and/or client consultations in the area of Treasury, including: Solving complex problems for financial institutions; Understanding of Financial Services products and services (e.g., Retail Banking, Commercial Banking, Capital Markets, Asset Management, Insurance); Demonstrating knowledge of a broad range of treasury instruments and financial products used to manage liquidity and balance sheet risk; Understanding of the interconnectedness across the financial risk stripes including interest rate risk / asset liability management, capital management and liquidity risk management; and, Demonstrating knowledge of macroeconomic, banking industry and regulatory environment as they relate to financial institutions. Demonstrates in- depth level abilities and understanding of Liquidity Risk Management, including: Possessing knowledge of liquidity management, including intraday liquidity management, cash management, liquidity stress testing, contingency funding planning, cash flow forecasting, and recovery and resolution planning; Possessing knowledge of liquidity requirements under Reg YY, OCC bulletins and Federal Reserve SR letters; Possessing knowledge to develop and implement comprehensive liquidity risk management strategies and policies, aligned with regulatory guidelines and industry standards; Possessing knowledge to help institutions establish frameworks to monitor and analyze liquidity risk metrics, including cash flow projections, stress testing, and scenario analysis, to identify potential vulnerabilities and recommend appropriate risk mitigation measures; Conducting reviews of liquidity risk management processes and controls, identifying areas for improvement and implementing necessary enhancements; and, Possessing knowledge and experience executing proactive risk management strategies, frameworks and tools, including risk identification, risk reporting, limit monitoring/escalation and excess resolution. Demonstrates in-depth level abilities to design and implement process improvement solutions and analyzing financial and/or balance sheet data, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint), where applicable, including: Obtaining, processing, and analyzing large data sets, including through the usage of SQL, SAS, Teradata and other data analysis tools; Evaluating programmatic operations and processes; Assessing the quality, comparability, and utility of different datasets; and, Communicating value propositions, writing and delivering results to prospective clients or team members.Travel RequirementsUp to 40%Job Posting End DateLearn more about how we work: https://pwc.to/how-we-workPwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.All qualified applicants will receive consideration for employment at PwC without regard to race; creed; color; religion; national origin; sex; age; disability; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, marital, or citizenship status; or any other status protected by law. PwC is proud to be an affirmative action and equal opportunity employer.For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlinesThe salary range for this position is: $130,000 - $256,000, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceSummaryLocation: NY-New York; FL-Tampa; NC-Charlotte; GA-Atlanta; IL-Chicago; DC-Washington; TX-Dallas; FL-Miami; CA-Los Angeles; CO-Denver; MA-Boston; CA-San Francisco; PA-Philadelphia; WA-Seattle; TX-HoustonType: Full time

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