January 2027 - Financial Risk Management - Valuation (Non-CPA) - 4 month Co-op - Toronto
Pwc
·Yesterday
- Salary
- $62k – $72k
- Location
- Toronto - 18 York Street, Canada
- Type
- Full-time
- Department
- Finance
- Clearance
- Not required
- Source
- Workday
Description
Line of Service
AssuranceIndustry/Sector
Not ApplicableSpecialism
Financial RiskManagement Level
AssociateJob Description & Summary
At PwC Canada, we’re more than a professional services firm—we’re a community of solvers tackling the world’s most important problems. As a co-op in our Risk Services practice, you’ll be part of a diverse, inclusive team that values your perspective and empowers you to make a real impact. You’ll build relationships, gain hands-on experience with cutting-edge technologies, and contribute to work that matters—whether it’s helping clients navigate complex challenges or driving trust in their reporting.Throughout your co-op term, you’ll be supported by experienced professionals and exposed to our innovative AI and digital tools to help you build future-ready capabilities in data, technology, and business acumen. You’ll also gain firsthand experience of busy season and see how risk assurance work unfolds in real time. Whether you're working from a PwC office, a client site, or remotely, you’ll be part of a collaborative environment that encourages curiosity and continuous learning. Grow here, go further.
The Opportunity: Financial Risk Management
he primary mandate of the Financial Risk Management (FRM) group is to help clients identify, measure and manage market risk, credit risk and operational risk arising during their business activities and using derivative and non-derivative financial instruments.
A career in our Financial Risk Management (Valuation/Market Risk) group will provide you with the opportunity to contribute to a variety of risk management, regulatory, valuation/pricing, and financial analyses services to design solutions that address our clients’ regulatory, risk management and financial reporting challenges, as well as their broader business issues.
What you’ll create and do:
You’ll work with a team of seasoned quants on projects with quantitative focus, helping clients with capital market financial instrument valuation, model validation, derivative pricing, etc. Responsibilities include but are not limited to:
Independent valuation of financial derivatives and financial instruments
Model validation and risk management advisory
Assisting clients with hedging strategies and appropriate use of derivative instruments
What you’ll bring to this role:
Experience or an academic background in derivative or financial instrument valuation is preferred. Candidates with a strong interest in developing expertise in how derivatives and financial instruments are structured and valued are also encouraged to apply.
Master’s degree (or currently enrollment) in financial engineering, statistics, math or a similar quantitative discipline.
Experience with creating financial models utilizing strong programming skills in Python, Matlab, Visual Basic, or similar languages; C++ experience is a plus but not required.
Banking/treasury risk management experience or derivative valuation advisory experience is an asset.
Experience with modeling interest rate, FX, equity or counterparty credit risk is an asset.
Experience with Value at Risk (VAR) is an asset.
Experience with credit risk modeling is an asset.
Ability to communicate technical concepts clearly and effectively through written materials, presentations, and verbal discussions.
Ability to interact well with others in a professional, team-oriented, client service environment.
Note: We only allow you to submit one application; however, you can select a second and third office preference.
Please note:
- To learn about our application process, visit our Applying to PwC page on our campus recruitment website.
- This position is eligible for PwC Canada’s Award and Mentorship Programs.
- The salary range for this position is $62,000 - $72,000. Eligible employees will also have the opportunity to participate in our performance pay programs which are designed to reward individual and firm-wide achievements. We are committed to offering competitive compensation and adhere to all relevant pay transparency legislation.
Why you’ll love PwC:
- Personalized Benefits & Wellbeing: Choose flexible health, dental, vision, life, and disability coverage. Access mental health support ($3,500 annually), virtual care, and up to a $750 lifestyle account for wellness, fitness, and personal growth.
- Invest in Your Future: Boost your retirement savings with employer matching and take advantage of financial planning resources and banking programs.
- Growth & Learning: Unlock coaching, mentoring, and clear career paths to help you reach your potential.
- Time off to focus on what matters most: Enjoy up to 31 paid days off including summer and winter office closures, substitute a public holiday to observe your religious holiday, or take part in international remote work options to extend your time abroad,
- Inclusive, Purpose-Driven Culture: Join a diverse, supportive team where you can be your authentic self, build lifelong relationships, and help shape tomorrow.
PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations, Métis and Inuit Peoples. We recognize the systemic racism, colonialism and oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity.
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, Active Listening, Actuarial Science, Communication, Complex Data Analysis, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Statistical Analysis Software, Statistical Consulting, Statistical Modeling, Strategic Forecasting, Teamwork, Well BeingDesired Languages (If blank, desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
September 15, 2026We’re committed to providing accommodation throughout the application, interview, and employment process. If you require accommodation to be at your best, please let us know during the application process.The use of artificial intelligence (AI) in recruiting is just getting started, so we know you have questions about how and why we use it. At certain points during our recruiting process, we rely on AI to improve your experience. This could be during resume review or curating personalized job recommendations, asking you clarifying questions via a chatbot or during our interview scheduling to improve your experience. Our use of AI helps ensure we combat bias by evaluating candidates equally and fairly, without seeing identity information, such as your name, or gender for example). AI also helps us better predict successful hires by reviewing all applicants for a role and the relationship between your skills, experience and likely success at PwC Canada. While AI supports parts of our recruitment process, final hiring decisions always involve human review. For more information about our use and protection of your data, please refer to our Privacy Policy (https://www.pwc.com/ca/en/privacy-policy.html).Nous tenons à répondre à vos besoins tout au long du processus de demande d’emploi, d’entrevue et d’embauche. Si vous avez besoin de mesures d’adaptation pour être parfaitement à l’aise, faites-le-nous savoir à l’étape de la demande d’emploi.L’utilisation de l’intelligence artificielle (IA) dans le domaine du recrutement en est à ses balbutiements. Nous savons que vous pourriez vous demander comment et pourquoi nous y avons recours. À certains stades de notre processus de recrutement, nous comptons sur l’IA pour améliorer votre expérience. Par exemple, pendant l’examen du curriculum vitæ ou l’élaboration d’une liste de recommandations personnalisées, un agent conversationnel pourrait vous demander des précisions ou fixer avec vous un rendez-vous pour l’entrevue. L’IA nous aide à mieux lutter contre les préjugés, car l’évaluation des candidats se fait de façon juste et équitable, sans que les informations d’identification comme le nom ou le sexe soient connues. Elle nous permet également de mieux repérer les bons candidats pour un poste et d’évaluer le lien entre leurs compétences, leur expérience et leurs chances de réussir chez PwC Canada. Bien que l’IA facilite certaines étapes de notre processus de recrutement, les décisions finales d’embauche sont toujours prises par des personnes. Pour en savoir plus sur l’utilisation et la protection de vos données personnelles, consultez notre politique sur la protection des renseignements confidentiels (https://www.pwc.com/ca/fr/privacy-policy.html).
