IN_Specialist 2_ ECL model development and implementation _CMAAS_Assurance_ Mumbai
Pwc
·1 week ago
- Location
- Mumbai Shivaji Park, India
- Type
- Full-time
- Department
- IT
- Education
- Master
- Clearance
- Required
- Closing date
- Today
- Source
- Workday
Description
Line of Service
AssuranceIndustry/Sector
Not ApplicableSpecialism
AssuranceManagement Level
SpecialistJob Description & Summary
At PwC, our people in deals focus on providing strategic advice and support to clients in areas such as mergers and acquisitions, divestitures, and restructuring. They help clients navigate complex transactions and maximise value in their business deals.In capital markets accounting advisory services at PwC, you will focus on providing strategic guidance on a broad range of technical accounting, financial reporting, transaction structures and capital markets topics. You will advise clients on complex accounting advisory and financial reporting issues around deals (both public and private) and other transformational business events that may impact an organisation’s value.
Why PWC
At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.
At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations.
Job Description & Summary:
About Assurance services:
The Firm's Assurance Services provides assurance on the financial performance and operations of a client’s business, helps businesses improve external financial reporting and adapt to new regulatory requirements as per state laws/international standards. The Assurance group can also help organizations report externally on non-financial information, strengthen its corporate governance procedures, and achieve social and economic goals related to corporate sustainability. Financial audits provide an independent opinion on a company's financial report and are a critical element in the capital markets system.
ABOUT CMAAS:
Capital Market and Accounting Advisory Services is a dedicated global team of professionals that provides high-value advisory services under IFRS, Indian GAAP and Ind AS along with capital markets services.
Responsibilities:
Roles & Responsibilities (essential functions and responsibilities of the job):
ECL Pipeline Support
Writing, testing, and debugging code (Python/Excel/SQL) for ECL pipelines
Assisting with automation and data processing
Statistical & Financial Model Validation
Supporting implementation of PD, LGD, EAD models
Ensuring correctness of regressions, assumptions, and model frameworks
Audit & Clearance Support
Preparing documentation and validation checks
Assisting in ECL audit readiness and regulatory submissions
Policy Drafting & Documentation
Supporting drafting and refinement of ECL policies for banks
Accounting & IFRS Integration Support
Assisting in reconciling modelling outputs with accounting principles
Analytics / AI Enablement
Supporting implementation of machine learning models and AI-driven automation in ECL pipelines
Mandatory skill sets:
Strong understanding of:
Statistics & regressions
Credit risk modelling concepts (PD, LGD, EAD, credit scoring)
IFRS 9 / ECL framework basics
Technical skills:
Python (pandas, numpy, basic ML libraries preferred)
Advanced Excel (VBA optional)
SQL / data handling
Preferred skill sets:
Good-to-have:
Exposure to banking / NBFC datasets
Basic understanding of accounting concepts
Years of experience required:
0–2 years (freshers with strong fundamentals also suitable)
Education qualification:
MBA (Finance / Analytics) or MSc (Statistics / Econometrics / Data Science)
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
Optional Skills
Accepting Feedback, Accepting Feedback, Accounting Advisory, Accounting Modeling, Accounting Policies, Active Listening, Alteryx (Automation Platform), Benchmarking, Capital Market Engagement, Capital Markets Transactions, Capital Raising, Carve-Out Financial Statements, Communication, Corporate Governance, Deal Structures, Debt Raising, Emotional Regulation, Empathy, Equity Compensation, Financial Accounting, Financial Modeling, Financial Reporting, Financial Structuring, GAAP Financial Reporting, Generally Accepted Accounting Principles (GAAP) {+ 24 more}Desired Languages (If blank, desired languages not specified)
Travel Requirements
Available for Work Visa Sponsorship?
Government Clearance Required?
Job Posting End Date
August 26, 2026