Statistical/Credit Risk Modeling - Sr Associate Save for Later Remove job

PwC
Chicago, IL

At PwC, our people in data and analytics focus on leveraging data to drive insights and make informed business decisions. They utilise advanced analytics techniques to help clients optimise their operations and achieve their strategic goals. Those in financial risk modelling at PwC will focus on developing and implementing models to assess and manage financial risks for clients. Your work will involve analysing data, conducting stress tests, and providing recommendations to mitigate risks.

Focused on relationships, you are building meaningful client connections, and learning how to manage and inspire others. Navigating increasingly complex situations, you are growing your personal brand, deepening technical expertise and awareness of your strengths. You are expected to anticipate the needs of your teams and clients, and to deliver quality. Embracing increased ambiguity, you are comfortable when the path forward isn’t clear, you ask questions, and you use these moments as opportunities to grow.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

  • Respond effectively to the diverse perspectives, needs, and feelings of others.
  • Use a broad range of tools, methodologies and techniques to generate new ideas and solve problems.
  • Use critical thinking to break down complex concepts.
  • Understand the broader objectives of your project or role and how your work fits into the overall strategy.
  • Develop a deeper understanding of the business context and how it is changing.
  • Use reflection to develop self awareness, enhance strengths and address development areas.
  • Interpret data to inform insights and recommendations.
  • Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.

The Opportunity

As part of the Financial Risk Modelling team you will lead the development and validation of econometric and statistical models. As a Senior Associate, you will manage complex projects, motivate teams, and leverage your analytical skills to drive strategic decision-making in the financial sector. This position provides an exciting opportunity to deepen your understanding of model risk management while working with industry experts and enhancing your professional growth.

Responsibilities

  • Inspire and motivate team members to achieve goals
  • Apply analytical skills to inform strategic decisions
  • Broaden understanding of financial sector challenges
  • Provide guidance on recommended practices in model development

What You Must Have

  • Bachelor's Degree
  • 3 years of experience

What Sets You Apart

  • Doctor of Philosophy in Economics, Econometrics, Economics and Finance, Mathematical Statistics, Mathematical Economics, Quantitative Finance, Statistics preferred
  • Demonstrating proficiency in Python, SAS, R, SQL, and Excel/VBA
  • Leading complex projects and motivating teams
  • Utilizing statistical and machine learning techniques for financial data
  • Developing and validating econometric and AI/ML models
  • Understanding model risk management concepts and practices
  • Exhibiting proven verbal and written communication skills
  • Applying modeling experience in retail and wholesale credit underwriting
  • Demonstrating thorough knowledge of rules and regulations
Learn more about how we work:

PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy:

As PwC is an equal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law. 

For only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.

The salary range for this position is: $77,000 - $202,000, plus individuals may be eligible for an annual discretionary bonus. For roles that are based in Maryland, this is the listed salary range for this position. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link:
Posted 2025-11-12

Recommended Jobs

Office Manager

Golden Touch Home Care Services, LLC
Maywood, IL

Job Title: Office Manager - Maywood & Morton Grove Offices Location: Maywood, IL & Morton Grove, IL Company: Golden Touch Home Care Services, LLC Job Type: Full-Time About Us At Golden Touch Home…

View Details
Posted 2025-08-28

Registered Nurse (RN)

BRIA
South Chicago Heights, IL

Description: Join us at the Nexus of care and compassion. Registered Nurse (RN) Benefits: ~ PTO package and paid holidays ~ Growth from within ~ Employee rewards program ~ Next day pay a…

View Details
Posted 2025-10-15

Bookkeeper

Celtic Chicago Inc
Park Ridge, IL

Knowledge and Skills ~ Bachelor’s or Associate’s degree in accounting, finance, or related ~1–3 years of relevant accounting or financial management experience; preferably in an advertising o…

View Details
Posted 2025-10-28

Senior IT Contracts Specialist

Abbott Park, IL

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and…

View Details
Posted 2025-11-03

Chief Financial Officer - CFO

Seres Smith Consulting
Chicago, IL

Chief Financial Officer (CFO) Location: Remote (U.S.-based) Reports to: Chief Executive Officer (CEO) Industry: Automotive Wholesale Company Size: ~275 Employees Employment Type: Full-Tim…

View Details
Posted 2025-07-30

Technical E-Commerce Program Manager

Naperville, IL

*We are unable to sponsor for this permanent Full time role* *Must be open to occasional Travel, position is Bonus and Incentive eligible* Prestigious Digital Partner Firm is currently seeking a Te…

View Details
Posted 2025-10-22

Accounts Payable/Accounts Receivable Specialist

Filter Services
Des Plaines, IL

Full-time Description Filter Services, Inc believes that by helping maintain our customer’s filtration systems, we help them protect their most valuable assets: their people, their equipmen…

View Details
Posted 2025-09-14

Customer Experience Representative

Addison Group
Deer Park, IL

Job Description Job Description Job Title: Customer Experience Representative Location: Deer Park, IL (fully onsite) Industry: Medical Equipment Pay: $23 - $25 / Hourly Benefits : …

View Details
Posted 2025-11-06

Access Analytics, Ambulatory Operations Consultant, Manager Save for Later Remove job

PwC
Chicago, IL

Job Title Access Analytics, Ambulatory Operations Consultant, Manager Job Category Operations Consulting Level Manager Specialty/Competency Operations Industry/Sector Health Services Job Ty…

View Details
Posted 2025-10-21

Attorney/Lawyer

Stange Law Firm
Bloomington, IL

Are you a legal professional with a passion for Family Law?  Stange Law Firm has an  immediate opening   for dynamic, highly motivated attorneys to join the team that provides strategic legal support…

View Details
Posted 2025-09-07