Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Risk Architecture

Management Level

Senior Associate

Job Description & Summary

PwC is one of the most prestigious professional services firm in the world serving as the auditor to nearly half of the worlds largest banks. PwC US Risk and Regulatory (R&R) comprises of a highly experienced team of risk management specialists supporting global financial institutions in their risk management initiatives. R&R has significant exposure to and driver of industry leading practices and has deep

knowledge of regulatory expectations. R&R professionals experience covers all financial model types including those used to manage credit risk market risk operational risk and compliance riskas well as those used for financial reporting valuations and economic capital estimation.

Risk Analytics Center of Excellence (CoE) is the India extension of R&R practice and provides key risk analytics services to global banks investment firms and asset management entities. It comprises of risk analytics professionals with stellar quantitative pedigree from premier institutions industry certifications in CFA FRM PRM etc. and proven professional credentials in risk modeling and analytics at reputed financial institutions and consulting firms. As an integral part of PwC US R&R Risk Analytics CoE drives risk analytics engagements opportunity pursuits and cuttingedge innovation using data science Artificial Intelligence Machine Learning and Deep Learning.

Fraud/AML Risk Analytics Professional Job Specification:

Candidate would be responsible for developing validating auditing and maintaining AI/ML/NLP models for Fraud/AML/Credit risk. Candidates would be expected to support financial institutions on meeting jurisdictional regulatory requirements and their broader risk management initiatives.

Multiple positions required;

Experience level 36 years of experience; Location: Bangalore

Core Skill Requirements

• Candidate must have relevant experience in Machine Learning/Artificial Intelligence Natural Language Programming Statistical / Mathematical modeling quantitative research Fraud/AML risk management or related Credit Risk field at a reputed bank fintech or a consulting firm. Wider skill requirements include:
• Experience in Machine learning algorithms like Random Forest SVM Neural Network etc. and Artificial Learning use cases such as Natural Language Processing Robotics etc. AML Scenario development enhancement. Initial threshold setting and tuning.
• Proficiency in one or more analytical tools such Python PY Spark Data Science and cloudbased analytics etc.
• Experience in Model Development Model Validation Model Audit (implementation and experience will not be considered directly relevant)
• Business knowledge in transaction monitoring system sanction screening trade surveillance. Supports and/or runs global/regional internal SMEs; responsible for investigating and researching the Financial Crimes processes and tools identifying efficiency and effectiveness opportunities.
• Strengthen AML knowledge Process Governance & Controls. Support Regulatory exams Internal Audit Compliance Assurance test Selfidentified issues / findings. Identify assess actively manage and control the risks that could come from our business operational and organizational decisions.
• Develop and leverage innovative features and algorithms to drive down false positives and identify perceived threat across the firm
• Utilize traditional statistical analytics graph theory / network science ensemble methods and the like Natural language processing text analytics factors analysis / construct development and testing machine learning feature development and engineering etc.
• Prior experience in domains like AML/ Financial Crime analytics and strong knowledge of fraud data analysis and development strategy design and delivery deployment.

Nonfunctional skill requirements:

In order to succeed in PwC Risk CoE it is desirable for candidates to possess:

• Understanding of market trends and demands in the financial services sector and issues faced by clients by staying abreast of current business and industry trends relevant to the clients business
• Excellent oral and written communication skills
• Solid analytical and problemsolving skills; ability to isolate and solve issues using large amounts of data
• Process orientation with strong technical skills and attention to detail
• Deep technical capabilities and industry knowledge of financial products
• Willingness to travel to meet client needs as needed

Educational Background:

Desired candidate must have a masters degree or higher in a quantitative discipline such as Economics Statistics Mathematics Operation Research Econometrics Data Science Finance Engineering MBA; advanced degree is a plus; Industry relevant certifications in CQF FRM CFA CPA certification is a plus

Additional Requirement for Senior Positions:

Candidates aspirant of senior positions at PwC Risk CoE are expected to possess:

• Proven consulting skills to structure vague problems at hand and conceptualizing solutions
• Credentials in leading and driving large and or complex risk analytics engagements and initiatives independently
• Experience in supporting sales pursuits for risk analytics offerings and solutions
• Ability to manage multiple engagements simultaneously along with leading people and initiatives
• Strong conceptual understanding of various functional/technical skills
• Ability to drive innovation and thought leadership in the risk management domain
• Intellectual property patents and exclusive rights on any innovative solution is a plus

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 Algorithm Development Alteryx (Automation Platform) Analytical Thinking Analytic Research Big Data Business Data Analytics Communication Complex Data Analysis Conducting Research Creativity Customer Analysis Customer Needs Analysis Dashboard Creation Data Analysis Data Analysis Software Data Collection DataDriven Insights Data Integration Data Integrity Data Mining Data Modeling Data Pipeline 38 more

Desired Languages (If blank desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship

No

Government Clearance Required

No

Job Posting End Date