Line of Service

Assurance

Industry/Sector

Not Applicable

Specialism

Financial Risk

Management Level

Associate

Job 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 Chance: Financial Risk Management

he primary mandate of the Financial Risk Management (FRM) group is to help clientsidentify,measureand manage market risk, credit risk and operational risk arisingduringtheir 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.

Whatyou’llcreate and do:

You’llwork 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

- Assistingclients with hedging strategies andappropriate useof derivative instruments

Whatyou’llbring to this role:

- Experience or an academic background in derivative or financial instrument valuation is preferred. Candidates with a strong interest in developingexpertisein how derivatives and financial instruments are structured and valued are also encouraged to apply.

- Master’s degree (or currentlyenrollment)in financial engineering, statistics,mathor a similar quantitative discipline.

- Experience withcreating financial modelsutilizingstrong programming skills in Python,Matlab, Visual Basic, or similar languages; C++ experience is a plus but notrequired.





- Banking/treasury risk management experience or derivative valuation advisory experience is an asset.

- Experience with modeling interest rate, FX,equityor 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 tosubmitone application; however, youcanselect a second and third office preference.

Please note:

- 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

📌 January 2027 - Financial Risk Management - Valuation (Non-CPA) - 4 month Co-op - Toronto
🏢 PwC
📍 Toronto