Risk Specialist Manager

Management Level

Manager

Job Description & Summary

At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.

In regulatory risk compliance at PwC, you will focus on confirming adherence to regulatory requirements and mitigating risks for clients. You will provide guidance on compliance strategies and help clients navigate complex regulatory landscapes.

Enhancing your leadership style, you motivate, develop and inspire others to deliver quality. You are responsible for coaching, leveraging team member’s unique strengths, and managing performance to deliver on client expectations. With your growing knowledge of how business works, you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity, articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.

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

• Analyse and identify the linkages and interactions between the component parts of an entire system.
• Take ownership of projects, ensuring their successful planning, budgeting, execution, and completion.
• Partner with team leadership to ensure collective ownership of quality, timelines, and deliverables.
• Develop skills outside your comfort zone, and encourage others to do the same.
• Effectively mentor others.
• Use the review of work as an opportunity to deepen the expertise of team members.
• Address conflicts or issues, engaging in difficult conversations with clients, team members and other stakeholders, escalating where appropriate.
• 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.

Who we are looking for

Our Risk & Regulation team is growing fast, and we’re looking for experienced managers who bring credit risk expertise within the Financial Services sector. Ideally 3+ years of consulting experience or equivalent time spent in a bank’s risk function, with a strong grasp of credit risk management practices and regulatory expectations. We’re particularly interested in professionals who understand the South African banking environment and have exposure to global frameworks such as Basel, IFRS 9, ICAAP, and credit risk modelling. If you’re passionate about helping institutions strengthen their risk capabilities and navigate complex regulatory changes — we want to hear from you.

Job Description

To manage the day-to-day delivery of Risk & Regulatory teams in delivering risk and regulatory change related engagements, including:

• Business development
• Engagement planning, e.g. effort/cost estimation, and engagement/project management
• Issue diagnosis, solution generation, design and deployment
• Staff management and coaching
• Stakeholder management and reporting

Responsibilities

• Support clients in assessing and enhancing their credit risk frameworks (e.g., credit risk appetite, risk ratings, provisioning, portfolio analysis, stress testing).
• Assist in the interpretation and implementation of regulatory requirements (e.g., Basel III/IV, IFRS 9, ICAAP).
• Conduct diagnostic reviews of credit governance structures, processes, policies, models, and systems. Design and implement solutions that will help progress and build momentum with this area.
• Engage with stakeholders across risk, finance, and compliance functions to deliver value-added insights.
• Managing the delivery teams of a range of risk and regulatory change related engagements.
• Produce high-quality client deliverables including presentations, reports, and working papers.
• Contribute to business development through proposal support, thought leadership, and client relationship building.

Qualifications

• An undergraduate degree is required, with preference for an Honours or master's degree in one of the following fields:
• Finance or Accounting
• Risk Management
• Quantitative disciplines (e.g., Mathematics, Statistics or Economics)
• Relevant professional certifications such as Chartered Accountant (CA), the CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) are highly advantageous.

Competencies

• Deep understanding of banking products, processes, and control environments, with a strong specialism in credit risk across the lifecycle (origination, monitoring, provisioning, and capital).
• Demonstrated experience with regulatory frameworks, including Basel III/IV, ICAAP, and regulatory reporting requirements, with a track record of supporting or leading the preparation of capital and credit risk-related regulatory returns.
• Proven ability to lead multi-disciplinary project teams, with experience delivering complex engagements — ideally involving risk systems, data architecture, or infrastructure implementations.
• Expertise in designing and embedding 'best-in-class' risk frameworks, policies, and governance structures, including the development of risk measurement methodologies and stress testing frameworks.
• Strong capability to interpret and communicate complex risk and regulatory concepts clearly and confidently to a range of stakeholders, from technical teams to executive leadership.
• Consulting agility — the ability to adapt to diverse client contexts and contribute effectively across strategy, advisory, and implementation roles.
• Sound commercial and business acumen, with an ability to identify client needs, propose solutions, and contribute to practice growth.

Travel Requirements

Up to 20%

Available for Work Visa Sponsorship?

No