Manager (Credit Risk)

KPMG UAE; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

KPMG UAE is seeking a Manager in the Financial Risk Management Team to develop and implement risk solutions for financial institutions, focusing on credit risk. The role involves project management, team development, and business development activities. Candidates must have over 7 years of experience, strong analytical skills, and proficiency in quantitative analysis tools. The position offers a collaborative work environment and opportunities for growth, along with a competitive salary and benefits package.

Benefits

Professional work environment with challenges

Competitive salary and benefits package

Ongoing training and coaching

Qualifications

• 7+ years of experience in financial risk management or quantitative analysis.
• Strong understanding and practical experience in credit risk modeling and IFRS9.
• Professional certifications like FRM or CFA recommended but not mandatory.

Responsibilities

• Manage multiple FRM projects ensuring timely delivery and budget adherence.
• Mentor and train less experienced staff while managing client relationships.
• Develop and implement risk solutions tailored to financial institutions.

Skills

Analytical skills

Quantitative analysis

Communication skills

Interpersonal skills

Education

Bachelor's degree in Finance, Financial Engineering, Economics, Applied Mathematics or similar

Tools

SAS

Python

R

VBA

SQL

MS Excel

PowerPoint

Job description

As a Manager within the Financial Risk Management ("FRM") Team, your role involves developing and implementing risk solutions for financial institutions clients with a focus on credit risk.

Project and Team Related

Manage multiple FRM projects and ensure all engagements are planned and delivered within budget and on time.

Manage teams as well as senior client stakeholders and be responsible for delivering high-quality results and generating effective and impactful solutions.

Play a key role in the development of less experienced staff through mentoring, training, and advising.

Remain current on new developments in risk advisory services capabilities and financial industry knowledge.

Business Development

Establish, maintain, and strengthen internal and external relationships.

Identify possible opportunities and direct pursuits for new client opportunities.

Draw on your knowledge and experience to create practical and innovative insights for clients, contributing to KPMG's thought leadership.

The Individual

Good understanding of credit risk and practical experience in credit risk modeling.

Experience in developing and validating credit rating models for financial institutions.

Very good knowledge of IFRS9 and Basel guidelines

Thorough understanding of PD, EAD, CCF, and LGD model development and validation processes.

Knowledge of developing and reviewing credit risk frameworks, policies, and procedures.

Strong analytical skills and a good understanding of econometric models, tools, and techniques used in risk management.

Prior experience in managing and motivating a team in risk-related areas, with clear leadership in credit risk.

Exposure to business development in consulting (pre-sales support, proposals, RFP responses).

Excellent communication and interpersonal skills

Ability to work under pressure—stringent deadlines and tough client conditions which may demand extended working hours.

Demonstrate integrity, values, principles, and work ethic, leading by example.

Qualifications

Minimum bachelor's degree in a relevant field including Finance, Financial Engineering, Economics, Applied Mathematics, or similar.

7+ years of strong financial risk management or quantitative analysis experience within financial institutions, consulting, or Big 4 firms.

Professional certifications like FRM or CFA are recommended but not mandatory.

Aptitude for quantitative analysis and strong numerical skills with evidence of advanced financial modeling skills.

Proficient in MS Excel and PowerPoint.

Proficient in SAS, Python, R, VBA, or SQL.

WHAT WE OFFER YOU

A professional work environment full of challenges and development opportunities.

A competitive salary and benefits package.

Ongoing training and coaching to develop new skills and progress your career.