Senior Consultant (Market Risk)

KPMG Lower Gulf; United Arab Emirates; On-site; AED 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Senior Consultant in Financial Risk Management to join their dynamic team. This role focuses on developing and implementing innovative risk solutions for financial institutions, particularly in market risk. You will lead multiple projects, ensuring they are delivered on time and within budget while staying updated on industry developments. The ideal candidate will have a strong background in quantitative analytics, financial modeling, and a thorough understanding of market risk. Join a professional environment that promotes continuous learning and offers a competitive salary and benefits package, paving the way for your career advancement.

Benefits

Professional Work Environment

Competitive Salary

Ongoing Training

Development Opportunities

Qualifications

• 4+ years of experience in financial risk management or quantitative analysis.
• Strong analytical and problem-solving skills with advanced financial modeling.

Responsibilities

• Develop and implement risk solutions for financial institution clients.
• Execute multiple FRM projects ensuring timely delivery within budget.

Skills

Market Risk Understanding

Quantitative Analytics

Financial Modeling

Analytical Skills

Communication Skills

Education

Bachelor's Degree in Finance

Bachelor's Degree in Financial Engineering

Bachelor's Degree in Economics

Bachelor's Degree in Applied Mathematics

Tools

Python

R

SAS

MATLAB

Calypso

Murex

Job description

Job Description

Role & Responsibilities

As a Senior Consultant within the Financial Risk Management (FRM) Team, your role involves developing and implementing risk solutions for financial institution clients with a focus on market risk.

Projects and Team Related

• Execute multiple FRM projects and ensure all engagements are planned and delivered within budget and on time.
• Remain current on new developments in Risk advisory services capabilities and financial industry knowledge.

The Individual

• Thorough understanding of Market Risk.
• Experience in Quantitative Analytics, Market Risk Models including VaR, FRTB, IRRBB, CVA.
• Good understanding of Spot and Derivative markets operations for equities, interest rate, credit, commodities, and foreign exchange products; risk management (hedging strategies) and valuation aspects of the same.
• Prior experience in Financial Modeling and risk model development and validation.
• Good understanding of local and international regulatory requirements including Basel and CBUAE guidelines.
• Strong analytical and problem-solving skills.

Communication and Work Skills

• Strong communication skills with client-facing experience.
• Ability to work under pressure and manage multiple projects simultaneously.
• Demonstrate integrity, values, principles, and work ethic; lead by example.

Qualifications

• Minimum bachelor's degree in a relevant field such as Finance, Financial Engineering, Economics, Applied Mathematics, or similar.
• 4+ years of solid experience in financial risk management or quantitative analysis within financial institutions or consultancy/big 4 firms.
• Professional certification in FRM, PRM, CFA is recommended but not mandatory.
• Aptitude for quantitative analysis and strong numerical skills with evidence of advanced financial modeling skills.
• Experience with analytical and risk management tools/systems (e.g., Python, R, SAS, MATLAB, Calypso, Murex, etc.).

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.