Job Information
PwC Financial Risk and Regulatory - Resolution Planning - Manager in New York, New York
Specialty/Competency: Financial Risk
Industry/Sector: Banking and Capital Markets
Time Type: Full time
Travel Requirements: Up to 80%
A 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 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:
Develop new skills outside of comfort zone.
Act to resolve issues which prevent the team working effectively.
Coach others, recognise their strengths, and encourage them to take ownership of their personal development.
Analyse complex ideas or proposals and build a range of meaningful recommendations.
Use multiple sources of information including broader stakeholder views to develop solutions and recommendations.
Address sub-standard work or work that does not meet firm's/client's expectations.
Use data and insights to inform conclusions and support decision-making.
Develop a point of view on key global trends, and how they impact clients.
Manage a variety of viewpoints to build consensus and create positive outcomes for all parties.
Simplify complex messages, highlighting and summarising key points.
Uphold the firm's code of ethics and business conduct.
Job Requirements and Preferences:
Basic Qualifications:
Minimum Degree Required:
Bachelor Degree
Minimum Year(s) of Experience:
6 year(s)
Preferred Qualifications:
Degree Preferred:
Master Degree
Preferred Fields of Study:
Applied Mathematics,Mathematical Statistics,Mathematics,Law,Finance,Economics,Financial Mathematics,Banking and Finance,Business Analytics,Statistics
Additional Educational Preferences:
Masters of Business Administration
JD
Preferred Knowledge/Skills:
Demonstrates extensive abilities and/or a proven record of success as a team leader with one or more of the following areas:
Possess experience presenting and developing recovery or resolution plans, including planning, execution, delivery, and maintenance of these programs;
Knowledge and understanding of regulatory requirements issued by the Federal Reserve, Federal Deposit Insurance Cooperation, and Office of the Comptroller of Currency that relate to recovery and resolution planning;
Monitor and adapt to changing regulatory requirements for recovery and resolution planning and knowledge of the regulatory submission and feedback process;
Experience with providing professional services to large scale regulatory driven programs and managing initiatives for a complex organization with multiple stakeholder groups;
Synthesize regulatory requirements, expectations, and peer practices and analyze whether plans and capabilities align;
Develop and analyze formal written narratives summarizing information provided by stakeholders;
Design, advise and assist the client with its implementation of capabilities to meet regulatory requirements in a sustainable, well-controlled, and repeatable manner;
Experience with governance including policies/procedures/controls, develop presentations to obtain approvals from senior management and board committees, and present updates for large regulatory submissions (including production calendars and status reports);
Financial Services products and services (e.g., Retail Banking, Commercial Banking, Capital Markets, Asset Management, Insurance);
Understand the macroeconomic and regulatory environment as they relate to financial institutions;
Knowledge of balance sheet management, asset liability management (ALM), liquidity management, and stress testing; and,
Knowledge of liquidity requirements under Reg YY, OCC bulletins and Federal Reserve SR letters.
Demonstrates extensive level of abilities with, and/or a proven record of success as both an individual contributor and team member, identifying and addressing client needs:
Actively participate in client discussions and meetings;
Identify and address client needs by building, maintaining, and utilizing networks of client relationships and community involvement, communicate value propositions, manage resource requirements, project workflow, budgets, billing and collections;
Prepare and/or present complex written and verbal materials using extensive technical skills in MS Office;
Communicate complex messages clearly and concisely in verbal and written form;
Manage client feedback and navigate ambiguous situations to deliver on client requests; and,
Build relationships with internal and client stakeholders.
Demonstrates extensive-level abilities with, and/or a proven record of success as both an individual contributor and team member, identifying and addressing client needs:
Create a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members;
Leverage thorough ability to communicate project goals and objectives, project status and deliverables, building consensus and presenting standard industry practices/point of view effectively;
Provide candid, meaningful feedback in a timely manner;
Keep leadership informed of progress and issues;
Consider cross-cultural differences, seek diverse views to encourage improvement and innovation, and foster a global mindset for the team; and,
Manage multiple priorities and meeting tight deadlines in a dynamic work environment.
Learn more about how we work: https://pwc.to/how-we-work
PwC 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-deadlines
The salary range for this position is: $100,000 - $232,000, plus individuals may be eligible for an annual discretionary bonus. For roles that are based in Maryland, this is the listed salary range for this position. 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-glance
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