Risk Management & Modelling

Empowering trust in financial institutions by providing risk expertise and tools

Model Risk Management Survey 2024

Don’t miss out on our latest survey:

  • How financial institutions define models and what type of models they consider in their MRM framework, including vendor models. 
  • Use of AI and the importance of enhancement of existing MRM practices to address risks associated with AI-driven models. 

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Our team's mission is to support clients from the Financial industry in bringing risk expert consultants and building sophisticated tools which in turn help them to remain competitive and gain regulatory comfort at the same time.

Rostislav ČernýPwC CZ partner for Risk Management & Modelling

Our services in Risk modelling

Our risk modelling team provides mainly the model development and validation services in various areas of quantitative risk management in regulated financial institutions  (in particular credit risk). On top of that we also build software tools to automate risk calculations, reporting, or model risk & lifecycle management.

Our services in Governance area

We set up rules and organisational structure of how the financial institution operates to support sound risk management. 

That includes:

  • Processes in the risk management cycle (risk identification, assessment, mitigation, monitoring and reporting)

  • Output of risk management cycle – reports, dashboards

  • Roles and responsibilities of risk management cycle participants (1st and 2nd Line of Defence)

  • Policies, procedures, job descriptions, KPIs and goals related (not only) to the risk management

…for all types of risk (credit risk, market risks, operational risks, liquidity risk) and processes (capital management, stress testing).

Our digital Tools and solutions

Decision Manager

  • 5-20% rise in profitability due to improved scoring
  • 10-50% higher volume of new business due to new data sources and effective processing of new clients
  • <15 minutes to implement changes to strategies

Together with our partnered firm Taran we deliver end-to-end back-end implementation of your loan approval process and other decisioning processes..

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Contacts

Rostislav Černý

Rostislav Černý

Risk Management & Modelling, PwC Czech Republic

Tel: +420 775 176 782

Ondřej Glatz

Ondřej Glatz

Financial Risk Modelling, PwC Czech Republic

Tel: +420 608 113 228

Petr Novák

Petr Novák

Data & AI in Financial Services, PwC Czech Republic

Tel: +420 602 383 972

Jan Muchna

Jan Muchna

Financial Risk Modelling, PwC Czech Republic

Tel: +420 777 563 619

David Dolejší

David Dolejší

Risk Management & Modelling, PwC Czech Republic

Tel: +420 731 282 814

Radek Hendrych

Radek Hendrych

Actuarial Risk Modelling, PwC Czech Republic

Tel: +420 734 542 531

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