IN-Senior Associate Treasury FST - Captives Advisory Mumbai

Line of Service Advisory Industry/Sector Not Applicable Specialism Risk Management Level Senior Associate Job Description & Summary At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively. In actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks. *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: PwC India is seeking highly skilled Treasury and Liquidity Risk Model Validation Specialist to join our team. Responsibilities: Model Validation: · Independently validate Treasury and Liquidity Risk Models, including liquidity coverage ratio (LCR), net stable funding ratio (NSFR), funding models, and interest rate risk models. · Review and assess the conceptual soundness, assumptions, mathematical frameworks, and input data used in models. · Develop and implement testing and benchmarking processes to challenge and validate the models. · Conduct sensitivity analysis, backtesting, and stress testing to ensure the models perform under various market conditions. · Produce detailed validation reports with findings, recommendations, and remediation actions. Documentation & Compliance: · Ensure model documentation complies with internal governance policies and regulatory standards (e.g., Basel III, IRRBB, CCAR, PRA). · Maintain thorough records of validation processes, assumptions, and results for both internal and regulatory reviews. Risk Management Collaboration: · Work closely with the Treasury, Liquidity Risk, and Market Risk teams to understand the models' role in risk management and the broader strategic impact. · Provide support during internal and external audits related to model governance and validation. Continuous Improvement: · Stay informed on the latest regulatory developments, market trends, and validation techniques in Treasury and Liquidity Risk Management. · Assist in refining the model risk management framework to improve the effectiveness of model validation processes. Education: · A Master’s degree or higher in a quantitative discipline such as Financial Engineering, Mathematics, Statistics, Economics, or a related field. · Certifications such as CFA, FRM, or PRM are a plus. Experience: · 3+ years of experience in model validation or model development within Treasury, Liquidity Risk, or Market Risk. · Strong understanding of Treasury and Liquidity Risk models, including LCR, NSFR, interest rate risk, and liquidity gap analysis. · Experience with model development, validation, or governance frameworks in a financial institution, preferably within a multinational investment bank. Technical Skills: · Proficiency in programming languages used for model validation, such as Python, R, or MATLAB. · Advanced knowledge of Excel, including VBA. · Familiarity with regulatory requirements related to Treasury and Liquidity Risk (e.g., Basel III, IRRBB, PRA, ECB). Analytical and Problem-Solving Skills: · Strong quantitative and analytical skills with a deep understanding of financial modeling techniques. · Ability to critically assess model performance and suggest improvements. Communication: · Excellent written and verbal communication skills, with the ability to present complex findings clearly to non-technical stakeholders. · Strong documentation skills with attention to detail Mandatory skill sets: model validation or model development within Treasury, Liquidity Risk, or Market Risk. Preferred skill sets: Proficiency in programming languages used for model validation, such as Python, R, or MATLAB Years of experience required: 3+ Years Education qualification: Master Degree Education (if blank, degree and/or field of study not specified) Degrees/Field of Study required: Bachelor in Business Administration Degrees/Field of Study preferred: Certifications (if blank, certifications not specified) Required Skills Actuarial Exams Optional Skills Accepting Feedback, Accepting Feedback, Active Listening, Actuarial Science, Analytical Thinking, Communication, Complex Data Analysis, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Learning Agility, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Self-Awareness, Statistical Analysis Software, Statistical Consulting {+ 3 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 June 7, 2026 Are you ready to make a difference? Want to unlock new value by applying your unique perspective and talents? You can grow exponentially at PwC. Here, you can uncover hidden talents, build lifelong relationships rooted in trust and empathy and turn challenges into opportunities for innovation. We’ll help you grow your skills through challenging, meaningful work so you can go further.