Melbourne, Victoria, au
Company: PwC
Category: Computer and Mathematical Occupations
Published on 2021-07-28 19:15:50

Line of Service



Not Applicable


Actuarial Services

Management Level


Job Description & Summary

With PwC, you’ll ignite a meaningful career while being supported by a flexible working culture, innovative learning and development opportunities and progressive policies and benefits, such as 18 weeks paid parental leave for mums, dads and foster carers (no minimum service!)

What will you create?

You’ll help Australian businesses, not-for-profits and governments create value and improve the way they work. From digitising healthcare, to creating smarter cities and igniting our start-up industry, together we build trust in society and solve important problems.

Consulting bring this to life by helping clients improve the way they operate, reduce costs, manage risks, leverage talent, or fundamentally change the way they do business. Your work here will help organisations of all shapes and sizes work smarter and grow faster. 

As a Credit Risk Manager in ourActuarialteam your impact will be seen by:

  • Assisting our clients in the financial services industry with the delivery of multi-disciplinary risk management or regulatory engagements, with a particular focus on risk modelling and business improvement.

  • Integrate risk, finance and business strategy in an environment where regulatory developments and changing market forces (e.g. increasing competition, regional expansion, technological advances and customer preferences) are putting bank profitability under pressure.

  • Credit scoring (application, behavioural, collection, etc.) and decisioning

  • Credit impairments (in particular, IFRS 9 Expected Credit Losses)

  • About you

    You have a background in retail or wholesale credit risk modelling and quantitative analysis including experience in modelling on topics such as regulatory capital requirements (e.g. AIRB approaches to estimating PD, LGD and EAD), credit risk provisioning (AASB 9 models), stress testing modelling, operational credit risk models (origination, collection), credit pricing and portfolio / customer analytics. You hold a MSc / BSc (Hons) in Statistics / Actuarial Science / Financial Maths or Applied Maths as well as have programming capabilities in SAS / R / VBA / SQL. You have experience managing small teams, working independently and managing relationships with multiple stakeholders.

    Ideal candidates will have practical exposure to prudential regulatory requirements and a strong practical understanding of the practical challenges to implementation.

    Passionate about being at the forefront of change, you’re ready to help our Consulting team deliver practical advice that speaks straight to the heart of client business issues and deliver innovative results.

    You’re collaborative and enjoy working in an innovative environment. You’re a problem solver by nature and want to join a firm that values the kind of people who reimagine the possible for their clients and stakeholders. Most importantly, you act with integrity and show care for the people you work with.

    Life at PwC

    Our culture and benefits are something we’re proud of, and also why we’re consistently named as one of Australia’s best workplaces. With PwC, you’ll belong to an inclusive community where differences are both embraced and the underlying driver in everything we create together.

    We empower you with the technology, coaching, flexibility and trust needed to make a meaningful difference, while supporting you in bringing your whole self to work each day. We’re committed to building and maintaining a diverse workforce because we know it’s only by working together that we can realise the potential of our people, clients and society around us.

    We’re living this commitment through initiatives including our Reconciliation Action Plan to increase Indigenous employment and employee-led diversity networks promoting cultural, disability, LGBTI and gender equality. At our core we’re a people business, which means you’ll be supported not just in your professional development but your personal growth as well. 

    Steph Aldertonis the Recruitment Manager for the role. As the team experience high volumes of applications, we appreciate your patience to allow for a timely and fair process for all.

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