Risk Associate

Position Title: Associate

SBU / Sub SBU: Risk Consulting

Location: Chennai/ Pune

Position Type: Permanent full-time

Job Summary :

About the Firm:

PwC has a network of firms in 156 countries with over 295,000 people committed to delivering quality in Assurance, Tax and Regulatory and Advisory services. At PwC, you'll engage in stimulating work that pushes the boundaries of what's possible in risk management. You'll collaborate with industry leaders and use cutting-edge data analytics tools to assist our clients in detecting, monitoring, and predicting risks. This is more than a job- it's a chance to make a significant impact in the world of financial services.

About Risk Consulting:

Our Risk Consulting practice will provide you with an opportunity to gain an understanding of an organization's objectives, regulatory and risk management environment, and the diverse needs of their critical stakeholders. We focus on helping organizations make sense of data from multiple sources, internal and external, to identify meaningful risk signals and to form actionable, real-time risk intelligence. In doing so, we help them become more agile and resilient, better able to anticipate threats and take advantage of opportunity. Helping our clients build trust and deliver sustained outcomes.

Roles & responsibilities :

Have a good understanding of the Bank Risk & control framework and the underlying concepts on Risk Management

Assist in performing the monitoring review that augments the principles defined as per risk and control assessment methodology.

Monitor the compliance of control as appropriate to the regulatory requirement. This could be mostly in the Simple to medium complex reviews which are prescribed in nature that have an Inherent Risk rating of 3 to 5 (predominantly)

Collaborating with onshore and offshore teams in gathering the necessary evidence required to perform the testing. Escalate any control failures.

Timely submission of results in the Bank Risk & Control system

Assisting in the creation and maintenance of reports for control tracking and analysis

Identify risks across the business and organize cross-functional solutions.

Additional duties as assigned.

Education and Experience:

2 4 years of relevant experience in managing Risk Management/ Compliance/ Internal Audit within FS industry

Excellent written and verbal communication skills

Ability to perform under pressure.

Ability to manage multiple tasks and priorities.

Ability to function independently.

Proficient in MS Office Word, Excel, and PowerPoint applications