Contribute to creating a better tomorrow. The Financial Services Risk and Regulatory team at PwC advises leading financial services organisations on a wide variety of
risk and capital management issues, ranging from the implementation of new
regulatory requirements such as
Basel reform and
IFRS 9, and remediation following supervisory inspections, to defining and setting risk appetite and improving risk management throughout the organisation. PwC has significant growth plans and is looking for ambitious and dedicated professional advisors in the area of
credit risk quantification, including capital requirement calculation,
IRB modelling,
credit VaR, credit pricing, and business modelling like early warning systems and collection models. We’re seeking a talented
Credit Risk (Senior) Manager to join our
Financial Services department as part of our dedicated
Credit Risk team. This role involves strengthening client relationships, developing new business networks, tracking new regulations, collaborating on cross-functional projects, and providing consultancy on
regulatory developments and
credit risk modelling, including TRIM remediations, validation, and model audits. Involvement in non-regulatory modeling projects such as pricing, profitability, early warning, fraud, and collection models is also a key aspect of this dynamic position in
financial risk management.
Eligibility / Qualification Required:
- Graduated from quantitative departments such as economics, statistics, or engineering.
- Holding a Master’s degree or PhD in economics, statistics, quantitative finance, mathematical or engineering discipline and a strong interest or qualification in credit risk management is a plus.
- Professional experience of 4 to 8 years in credit risk departments of banks in regulatory models (development and/or validation of PD, LGD, and EAD models).
- Knowledge of a risk management framework (risk appetite framework, risk identification, risk measurement, and risk mitigation).
- Knowledge of Basel Accord and recent developments (Basel IV).
- Knowledge of general credit risk related regulatory requirements (CRR/CRD IV and IFRS 9 requirements).
- Knowledge of credit risk quantification, including capital requirement calculation, IRB modelling, credit VaR, credit pricing, business modelling including early warning systems, and collection models.
- Good knowledge of programming languages such as Python, R, or SAS.
- Knowledge of non-regulatory models is a plus.
- Excellent written and oral communication skills in English (Dutch or French is a plus).
- Ability to demonstrate communication skills effectively across all levels of the organisation.
General Conditions:
Life at PwC Belgium: Our culture and workplace are something we’re proud of. Here’s a sneak peek at some of the benefits you can look forward to:
- Flexibility: Flexible working hours allowing you to decide your most effective working pattern.
- Infinite learning and growing: Broad opportunities to learn every day and exciting career pathways that help you explore different disciplines or areas of expertise.
- Rewards that matter to you: A flexible rewards plan providing access to a wide range of benefits that best fit your personal circumstances and lifestyle.
- Diversity & Inclusion: We believe that diversity makes PwC stronger. It helps us solve important problems and deliver added value to our clients. We encourage an inclusive culture where people can be the best versions of themselves. PwC organises various D&I initiatives, including an active employee-led Employee Resource Group (ERG) community, comprising 9 diversity groups with over 200 PwC employees aiming to make an impact within and beyond PwC.
- Sustainable Mobility Offer: A comprehensive mobility budget with a wide range of options (hybrid and electric cars, bike leasing, mobility card, or loan reimbursement).
- Well-being: An extensive health and well-being programme that includes access to professional sport coaching, individual sessions, sports communities, and mental health resources. We encourage a healthy lifestyle with regular wellness challenges and various catering options at our cafeteria.
- Team Events: Such as Last Friday Drinks, quarterly themed parties, team-building days and celebrations, as well as time spent on community days and charity activities.
- International PwC Network: Broad access to industry expertise, both locally and through our wider global network of member firms.
- Family-Friendly Work Schemes: Supporting you in every phase of your life.
Equal Opportunity Employer Statement: At PwC, we are dedicated to building a diverse, inclusive, and authentic environment. We are committed to providing equal employment opportunities for all candidates and employees, regardless of race, religion, gender identity or expression, sexual orientation, national origin, age, disability, marital status, or any other characteristic protected by law. We believe that a diverse and inclusive workplace drives innovation and strengthens our ability to serve our people, clients and communities. We encourage everyone to join us in fostering a culture where everyone feels valued, respected, and empowered to achieve their full potential. Additionally, we provide reasonable accommodations to qualified individuals with disabilities, in accordance with applicable laws.
Required Skills: Accepting Feedback, Active Listening, Analytical Thinking, Business Decisions, Business Performance Management, C-Level Presentations, Communication, Compliance Frameworks, Compliance Policies, Compliance Program Implementation, Compliance Review, Controls Testing, Corporate Governance, Creativity, Embracing Change, Emotional Regulation, Empathy, External Audit, Finance Target Operating Model, Finance Transformation, Financial Reporting, Fraud Detection, Fraud Prevention, Group Facilitation {+ 17 more}
Desired Languages: English (required), Dutch or French (plus)
Travel Requirements: 0%
Available for Work Visa Sponsorship? No
Government Clearance Required? Yes
How to Apply:
Specific application instructions, including submission method and required documents, are not detailed in the provided text. Candidates interested in the Credit Risk (Senior) Manager position at PwC Belgium should refer to the official PwC careers website or contact their recruitment department for application procedures.
View Official Posting & Apply