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Market Risk, Quantitative Finance, Senior Associate

Toronto, ON
Full Time
2 days ago

Line of Service



Not Applicable


Conduct and Compliance

Management Level

Senior Associate

Job Description & Summary

In an uncertain market environment, our agile team is continuously growing and facing new exciting opportunities across multiple client industries. We have the unique chance to work with leading PwC professionals and develop strong technical skills in complex accounting standards, treasury and market risk management. Our FRM practice is a part of our growing Audit and Assurance services team.

We're the group to join if you receive your job satisfaction by helping clients identify, measure and manage market risk (e.g. interest rate, foreign exchange, liquidity, equity, commodity, real estate, etc.). There are all types of risk that arise in the course of the business activities of our clients, allowing us to help them evaluate, develop and implement financial risk management frameworks, tools and solutions for all key financial risks.

What you'll create and do

As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. Responsibilities include but are not limited to:
  • Model development, validation and implementation of market risk methodologies
  • Assist assurance teams with reviews of clients' model development and validation processes
  • Market risk governance and controls related activities supporting clients in credit process (re-) design initiatives, framework, standards, guidelines and policy review and development
  • Collaborate with the team members at various levels to lead and develop compelling client proposals, white papers, thought leadership and points of view, describing the business challenge and proposed business solution, scope, risks, dependencies
  • Build and maintain effective, trusting and collaborative client relationships.  
  • Completing and manage engagements with minimal supervision
  • Creating financial models using various programs
  • Review your work and that of others for quality, accuracy and relevance

  • What you'll bring to this role 

  • An interest in upskilling for a digital world and technology trends, an openness to learning new tools and adapting how you work
  • A demonstrated commitment to valuing differences and working alongside diverse people and perspectives
  • Hands on experience with financial derivatives modeling or credit loss forecasting/stress testing/capital models​
  • Highly capable to create and develop financial models utilizing strong programming skills in C++, Python, Visual Basic, Matlab
  • Proven ability of modeling interest rate, FX, equity or credit risk 
  • Good understanding and knowledge of market risk processes, risk rating methodologies, risk management policies and risk management organization structures
  • Development, implementation and assessment of quantitative market risk measurement methodologies
  • Proven abilities, especially creative problem-solving, to utilize market risk management software, data and methodology in the completion of client engagements, including leveraging related technology vendors and their application
  • Prior experience within a consulting or advisory role (or capable to work in a consulting/audit environments and project-based work)
  • Master's degree in Mathematical Finance, Statistics, Physics, Financial Engineering or similar quantitative discipline
  • Extensive knowledge with pricing 
  • Exceptional commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients
  • Advanced analytical, problem solving and multitasking/project management skills
  • Excellent oral and written communication skills in bilingual English and French

  • Why you'll love working for PwC 

    At PwC, we support you through a range of financial and non-financial rewards and benefits. Discover a life that works for you with our diverse, inclusive and flexible culture. To learn how you can grow and shine in your career at PwC, please visit:

    See how you can create your future at PwC

    Applying at PwC

    At PwC, we embrace new technology where you will learn to innovate and deliver differently. For Administrative, Specialist, Associate, Senior Associate, and Manager roles you may have the opportunity to participate in an on-demand video interview. To learn more about our innovative cloud-based online application interview process click here:

    We take your privacy seriously. To protect your personal information, please submit your application directly through PwC Canada Careers:  

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    Travel Requirements

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    Job Posting End Date

    PwC is committed to building a diverse workforce representative of the communities we serve. We encourage and are pleased to consider all qualified candidates, without regard to race, colour, citizenship, religion, sex, marital / family status, sexual orientation, gender identity, aboriginal status, age, disability or persons who may require an accommodation, to apply.

    Every day we see how people make businesses great. But it's not only about skills. If your experience is close to what we're looking for, please consider applying. We recognize that experience comes in many forms, and passionate teams reimagine the possible. Create your future at PwC.

    PwC s'engage à bâtir une équipe diversifiée et représentative des collectivités qu'il sert. Nous invitons toutes les personnes qualifiées, sans égard à leur appartenance ethnique, leur race, leur religion, leur sexe, leur orientation sexuelle, leur identité sexuelle, leur statut d'autochtone, leur âge, leur handicap ou leurs besoins en matière d'adaptation du milieu de travail, à présenter leur candidature, qu'il nous fera plaisir d'examiner.

    Chaque jour, nous voyons des personnes participer à l'essor des entreprises. Ce n'est pas seulement une question de compétences. Si votre expérience se rapproche de ce que nous recherchons, n'hésitez pas à postuler. Nous sommes conscients que l'expérience peut prendre diverses formes et que des équipes de passionnés peuvent réinventer le possible. Créez votre avenir chez PwC.
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