Senior Associate - Finance & Operation - Banking Capital Market - FS Advisory - HK

Job Profile Summary

A career within PwC Consulting will provide you with the opportunity to help clients seize essential advantages by working alongside business leaders to solve their toughest problems and capture their greatest opportunities. We work with some of the world’s largest and most complex companies to understand their unique business issues and opportunities in an ever-changing environment. We help create sustainable change by stimulating innovation, unlocking data possibilities, navigating risk and regulatory complexity, optimising deals, and aligning costs with business strategy to create a competitive advantage.
 
Our management consulting team, through our diversified strengths in consulting, analytics and technical skills, assists clients in transformational changes on their business model, including but not limited to process reengineering, business analytics, management consulting, digital transformation along with project management and general advisory services.
 
Our team is aspired to advise on business, priorities and project agenda with ability to support management decision-making and corporate strategy. With a balance between conventional consulting capabilities and our deployments in data analytics, artificial intelligence and machine learning capabilities, we serve our clients with personalized solutions to strengthen their position in the market landscape. The unique and ingenious resources our team provides have proven expertise and deliver a hands-on approach to business problems.

The Team combines resources with industry and technical expertise and can be rapidly deployed to address business problems.

Services we provide to our Financial Services clients include:

• Operating model transformation
• Operational efficiency (process, systems and controls review and implementation)
• Regulatory reporting and compliance
• Finance transformation
• Investment framework (e.g. investment governance framework, investment screening, asset allocation, security selection, investment monitoring and controls etc.)
• Digital transformation (process automation, data analytics etc.)
• Partnerships, shared services and strategic sourcing

Job Description

You will work as part of a team, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this role include but are not limited to:

Operation Transformation:

• Participate in the active growth of our Management Consulting team with focus on Financial Services Industry (Banking, Asset Management, Trustees, Family Offices, Capital Markets, Insurance etc.). The extent of practice development activities will be dependent upon level of experience.
• Work closely with clients to transform and improve the effectiveness and efficiency of their operations including:

1. Front-to-back office process re-design including automation;
2. Support clients’ change initiatives;
3. Assess operating models for opportunities for partnerships, shared services and strategic sourcing

• For asset managers and related clients (e.g. family offices, trustees), design investment related frameworks including investment policy & procedure, governance framework, asset allocation, screening and selection, investment monitoring and controls etc.

Finance Transformation and Regulatory Strategy:

• Work with our Financial Institution clients to transform their Finance functions through:

1. Assessing existing Finance processes, frameworks and pain points; redesigning the Finance target-state operating model
2. Uplifting the Finance function through automation and efficiency assessments

• Work with our Banking clients to assess and uplift their Regulatory functions through:

1. Decoding and implementing new, complex regulatory requirements
2. Reviewing the compliance of existing regulatory reports and the efficacy of processes and controls
3. Designing an effective regulatory strategy to enable global clients to manage regulatory risks across jurisdictions
4. Assessing and enhancing regulatory data governance and data quality

Preferred skills

• Bachelor's degree in finance, accounting, business administration, or a related field with ideally 2-4 years working experience.
• Experience in working in Big-4 firms and/or Financial Services firms, with strong consulting mindset, candidate with audit/ assurance experience is welcomed;
• Experience in Operational transformation (process re-engineering), compliance and regulatory reporting, Finance transformation and Project Management office in Financial Services industry would be given a priority;
• Candidates with hands-on design or development experience with one or more of the following platforms are preferred: data visualization tools (e.g., Power BI, Tableau), Power Apps, and Alteryx.
• Prior consulting and/ or project management experience would be an advantage,
• Experience with company-wide merger integration and/or divestiture efforts;
• Strong analytical and creative problem solving capabilities;
• A proven ability to translate client objectives into deliverable design, and develop deliverables that address complex situations;
• Group facilitation and presentation skills;
• Self-motivated, well-organised and can-do attitude; and
• Proficiency in English and Mandarin/Cantonese is essential.