Risk Modelling Services / Actuarial - Banking | Director

Work on multiple and varying projects

Combine your consulting and actuarial experience

Flexible work options - work smarter in a way that suits your lifestyle

About the Role

Our Risk Actuarial / Risk Modelling Services team assists clients in all facets of risk management. We focus on areas including modelling risk for measurement and management purposes and we cover industry challenges in general insurance, life insurance and banking. We deliver large scale Actuarial programs, helping clients improve the way they operate, reduce costs, manage risks, leverage talent, or fundamentally change the way they do business. And our team is expanding. We’re looking for a Director to support banking clients on managing financial risks and be involved in delivery of crucial business insights within our vast community of solvers.

Use the know-how you've gained in Risk Management. With new problems to solve, you'll have plenty of support and opportunities to grow. We work from anywhere, so your strong communication skills and team ethos will get a workout. You'll learn plenty as you apply your knowledge of Risk Actuarial to deliver key business outcomes for our clients, with a continued focus on quality in a workplace that’s human-led and tech-enabled.

As an expert in risk within our Risk Actuarial / Risk Modelling Services team, you’ll work with like-minded individuals, you’ll get a breadth of experience across external client-facing projects and collaborate internally with other PwC teams. Given your experience you can help clients across a range of industries such as banking and financial services.

You’ll help solve complex problems by using your skills in:

Retail or wholesale credit risk modelling and quantitative analysis including experience in modelling on topics such as provisioning (e.g. AASB +), regulatory capital requirements (e.g. AIRB approaches to estimating PD, LGD and EAD), credit pricing and portfolio/customer analytics

Expertise in one of these areas will be valued: stress testing, end-to-end credit lifecycle, climate risk modelling, credit pricing and portfolio/customer analytics

Practical exposure to prudential regulatory requirements and their implementation

Experience working on business development initiatives and building trusted relationships with clients

Excellent analytical and problem solving skills and enjoy working with clients to support on a range of projects

Strong communication, project management and stakeholder management skills

10+ years of experience working in either/and banks, fintechs, private credit providers, consulting risk modelling services

Working well in teams and can support and develop more junior team members in a high-performing and caring work environment; and

You hold a MSc/BSc (Hons) in Statistics/Actuarial Science/Financial Mathematics or Applied Mathematics as well as have programming capabilities in SAS/R/Python/SQL


About PwC


At PwC, we are a human-led, tech-powered community of solvers. We approach problems with curiosity, collaboration and willingness to challenge the status quo to develop innovative solutions in partnership with Australian businesses and not-for-profits. Together, we strive to make a positive impact and drive meaningful change.

That’s where our people come in. Whether you’re just beginning your career or have plenty of experience under your belt, we believe your unique perspective can help us to deliver valued insights that make a real impact. Here, you’ll be surrounded by peers who have your back and leaders who support you, in an environment that encourages continuous learning and growth.


Your benefits

Flexible working arrangements for how, where and when you work, ensuring you thrive while delivering top results for your team and clients

More opportunities to connect with loved ones, with the ability to work up to four weeks from anywhere in Australia and select international locations

Health and lifestyle perks like a wellness credit and discounted memberships

Gender inclusive 26 weeks paid parental leave

World-class development opportunities to accelerate your career

Strong mentors, meaningful work and plenty of networking opportunities

Dress for your day so you can feel confident and comfortable for whatever your day has in store for you

Our commitment to diversity and inclusion


We empower our people to use their creativity, authenticity and human differences to be champions of change and challenge our thinking. At PwC, we understand that diverse perspectives are necessary for solving complex problems. We believe that for diversity to truly flourish, it must be nurtured in an inclusive environment. That's why we are committed to fostering a workplace where everyone feels valued to thrive.

PwC is committed to making our recruitment processes inclusive, so if you need reasonable adjustments or would like to note which pronouns you use at any point in the application or interview process, please let us know.

Emily Vegas is the Recruitment Manager for the role. As the team experiences high volumes of applications, we appreciate your patience to allow for a timely and fair process for all.

No Agencies Please: We kindly request that recruitment agencies do not submit CVs in response to this advertisement. We are only accepting applications direct from individuals