Market Risk Assistant Manager

Market Risk Assistant Manager – KPMG – Consulting www.kpmg88careers.co.uk/experienced-professional/#LeBlender.OfficeLocations 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’ve supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We’ve 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. Why Join KPMG as a Market Risk Assistant Manager? Using a wide variety of technical and sector-specific skills, KPMG’s Risk Consulting group proactively helps clients increase profits whilst reducing reputational, operational, financial and other risks. We are experienced in managing diverse issues including fraud, regulatory compliance, risk frameworks and modelling, capital efficiency, corporate governance, dispute resolution, deriving value from contracts and much more. As subject matter experts with a breadth of experience and specialism across industry, consulting, academia and regulators, the risk team offer the skills and levers to provoke and support complex and unique risk transformational projects in the financial services industry. What will you be doing? • Advising and assisting clients with the impact of the changing capital requirements framework (‘Basel 4’), with particular focus on the new market risk requirements, Fundamental Review of the Trading Book (‘FRTB’). • This role is primarily a qualitative SME role focussing on the impact on bank business models and potential solutions (as opposed to modelling the quantitative impact). • This will require working with senior Front Office (primarily Trading) stakeholders at investment banks as well as other functions such as Risk and Product Control. • The individuals will be responsible for analysis of the implication of regulatory change within both market risk and wider risk and capital related engagements. • Need to be proactive in keeping abreast of regulatory expectations and industry practices. • As a member of the banking segment, the individual will also be required to apply their skills to a broad range of banking related issues supporting both UK and Global propositions. The expectation is that the roles will evolve over time to provide a balance of broader advisory and client heyday facing responsibilities. What will you need to do it? Market risk knowledge and Front Office experience are preferred. • Good knowledge and understanding of market risk frameworks and processes including risk management, risk control and product control. • Proven ability of supporting the delivery of market risk engagements. • Ability to clearly define and articulate business requirements • Working knowledge of FRTB and an understanding of its implications is advantageous, but not a requirement. • Ability to communicate with senior stakeholders (both internally and externally) on range of topics. • Confidence and ability to explain complex technical terms/impacts to a senior non-technical audience (e.g. VaR, SVaR, IRC, RWA and ES). • Proven ability to work within a team environment. • Flexibility and agility to contribute 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. Key Skills; • Experience of working on major regulatory change programmes in a trading environment. • Strong understanding of regulatory reforms impacting financial institutions (specifically, FRTB) • Knowledge of the front-to-back operations of an investment bank with a particular focus on understanding the structure of Front Office. • Experience of working with Front Office (specifically trading), Risk and Product Control across a number of asset classes • Experience of risk management within investment banking • Project management skills Our Locations: We are open to talk to Market 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. Find out more: Within Consulting we have a range of divisions and specialisms. Click the links to find out more below: Consulting at KPMG : www.kpmgcareers.co.uk/experienced-professional/consulting/ ITs Her Future Women in Tech programme: www.kpmgcareers.co.uk/people-culture/it-s-her-future/ KPMG Workability and Disability confidence: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/need-support-let-us-know/ For any additional support in applying, please click the links to find out more: Applying to KPMG: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/ Tips for interview: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/application-advice/ KPMG values: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/our-values/ KPMG Competencies: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/kpmg-competencies/ KPMG Locations and FAQ: www.kpmgcareers.co.uk/faq/?category=Experienced+professionals