Job Description

About the role:

Our AI & Modelling (AI&M) team is a diverse group of 500+ individuals across the UK and India, with a wide range of skills and experience within the insurance, banking and commercial & government sectors. We are experiencing rapid growth and are looking to expand our Banking sub-team of 100+ specialists, who advise leading banks across the UK and globally on a wide variety of risk, value and capital management issues. You will be a key part of this growth story, with the opportunity to work on a range of exciting projects in a collaborative, inclusive and well-recognised team.

What your days will look like:

As a Manager, you will work directly with clients, manage junior staff, report to the leadership team and work alongside senior specialists who will coach and support you, to oversee the delivery of an exciting range of credit risk modelling and validation projects such as:

Credit risk model development (IFRS 9, IRB or stress testing), including support on future modelling considerations and the impact of regulatory changes. Specialist review and challenge of IFRS 9 models for our audit clients. End-to-end model validation - including validation of data, review and challenge of conceptual soundness and underlying assumptions, assessing model limitations, performing quantitative testing, and delivering exhaustive reports. Interaction with stakeholders including credit risk managers, model development / validation teams, and internal stakeholders across PwC. Helping to develop our internal propositions to take to market, including in emerging areas such as AI and ESG. Maintaining an up-to-date view of regulatory and industry developments - enabling knowledge sharing with the wider team and the ability to maintain leading edge best practice.

This role is for you if you have:

Experience working within a banking organisation or professional services firm, specialising in at least one area of credit risk modelling (provisioning, capital or stress testing), for Retail or Wholesale portfolios. Good understanding of credit risk concepts and associated regulatory requirements, including at least one of: IFRS 9, IRB or Stress Testing Experience with at least one of the following (or similar): SAS, SQL, R, Python

What you'll receive from us:

No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions.


We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.