Credit Risk Assistant Manager

The KPMG Consulting function is a cornerstone of our business. Operating from London, we do work that matters, serving the country with diligence and expertise. KPMG is one of the world's largest and most respected consultancies. We have supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We have proudly stood beside the institutions and businesses which make the UK what it is.

By encompassing a wide range of disciplines across a breadth of areas such as Strategy, Forensic, Risk and Regulatory, People and Talent, and Operational and Financial Transformation, we become immersed in our clients' organisations, applying sector knowledge and technology solutions to deliver the best possible outcomes and get it right first time.

KPMG are currently looking for Credit Risk Assistant Managers to take the next step in their career, with the team constantly growing there is no better time to join. These positions have become available due to new projects and ongoing projects within the FRM function.

What will you be doing?

• Advising clients on the impact of changing requirements in provision accounting standards (IFRS9) and Basel credit risk capital requirements (IRB). This will include model review and validation activities such as:

• Technical model development documentation review;
• Assessment of model performance;
• Replication testing;
• Reviewing models against IRB regulatory requirements.

What will you need to do it?

• Minimum 3 years’ experience working in a credit risk modelling role within a financial or professional services firm.
• Practical experience in credit risk modelling techniques.
• Knowledge and practical experience in accounting and risk requirements as related to IRB, IFRS9, and other regulatory credit risk models.
• Detailed working knowledge and experience of all aspects of model development and validation including:

• Data extraction and pre-processing;
• Modular model development;
• User acceptance testing;
• Model performance assessments.

Key Skills:

• Ability to communicate risk/finance requirements of IRB and/or IFRS9 to the reciprocal function, i.e. risk to finance and finance to risk.
• Ability to understand and execute programming code including SAS, R, Python.
• Flexibility and agility to contribute in a senior capacity to a broad range of banking risk engagements.
• Excellent oral/written communication, planning, project management, networking and influencing skills.
• Flexibility to work across the UK (and internationally) where required.

We are open to talk to Credit Risk Assistant Managers in the UK as this is where the team is based. With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options. If you have a need for flexibility, please register and discuss this with our team.