IN-Manager _ Credit Risk Quant _ FST-CT,C&M_Advisory_Mumbai

Mumbai Shivaji Park · On-site

About this role

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Deals

Management Level

Manager

Job Description & Summary

At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information enhancing the credibility and reliability of this information with a variety of stakeholders. They evaluate compliance with regulations including assessing governance and risk management processes and related controls.

Those in internal audit at PwC help build, optimise and deliver end-to-end internal audit services to clients in all industries. This includes IA function setup and transformation, co-sourcing, outsourcing and managed services, using AI and other risk technology and delivery models. IA capabilities are combined with other industry and technical expertise, in areas like cyber, forensics and compliance, to address the full spectrum of risks. This helps organisations to harness the power of IA to help the organisation protect value and navigate disruption, and obtain confidence to take risks to power growth.

*Why PWC
At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.
At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations.

Job Description & Summary:

Prior experience with Banks / NBFCs, preferably with mid office experience in - credit policy & processes, credit ratings/scoring, credit risk modelling, regulatory requirements and preferably should have played a role in defining them

Responsibilities:

a) Understanding of the wholesale, retail and other lending (like Micro Finance) products;

b) Sound knowledge on Regulatory and accounting areas like Basel Accords and IFRS 9 (ECL)

c) Experience in wholesale / retail model (risk parameter estimations like PD, LGD, EAD, pooling) development and validations

d) Understanding of credit processes, compliances and regulatory requirements

e) Ability to take an integrated approach to Enterprise Risk Management (ERM)

The candidate also needs to have proficiency in one of the following:

I. Prior experience in advising Banks/ NBFCs/ Insurance on the above areas

II. Prior experience with Banks / NBFCs, preferably with mid office experience in - credit policy & processes, credit ratings/scoring, credit risk modelling, regulatory requirements and preferably should have played a role in defining them

>> THE INDIVIDUAL

1. Prior experiences in managing and motivating the team in risk related areas

2. Strong ability to map client business requirements and convert the same to a viable business proposition

3. Strong communication skills with client facing experience

4. Lead by example and motivate the team; Good attitude and be a part of team player

5. Ability to interact and make presentations at the CXO level

6. Provide strategic decisions to team and clients

7. Prior working knowledge with open solutions like R/Python is preferred

8. Will be able to take responsibility on revenue numbers and bring new clients to the group

Mandatory skill sets:

Credit Risk Quant

Preferred skill sets:

Model Development / Validation

Years of experience required:

6+ Years

Education qualification:

· Qualified CAs or Postgraduate with - with minimum 6 years of experience in Banks, Rating Agencies, Consulting Firms, Analytical Software Companies

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Bachelor of Technology, Bachelor of Engineering

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Creating Shared Value (CSV)

Optional Skills

Accepting Feedback, Accepting Feedback, Accounting and Financial Reporting Standards, Active Listening, Analytical Thinking, Artificial Intelligence (AI) Platform, Auditing, Auditing Methodologies, Business Process Improvement, Coaching and Feedback, Communication, Compliance Auditing, Corporate Governance, Creativity, Data Analysis and Interpretation, Data Ingestion, Data Modeling, Data Quality, Data Security, Data Transformation, Data Visualization, Embracing Change, Emotional Regulation, Empathy, Financial Accounting {+ 29 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

July 28, 2026

Company at a glance

At PwC, we help clients drive their companies to the leading edge. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.com.

PwC: Audit and assurance, consulting and tax services
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Content on this page has been prepared for general information only and is not intended to be relied upon as accounting, tax or professional advice. Please reach out to your advisors for specific advice.

Team Size10,001+ employees
WorkspaceOn-site
IndustryProfessional Services
Location
Mumbai City, Maharashtra, India
LinkedInLinkedIn

Top Benefits

  • Inclusive benefits
  • Flexibility programmes
  • Mentorship

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