Consultant, Financial Risk Management, Derivatives Valuation

KPMG LLP Canada; Montreal; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading consulting firm in Montreal is seeking a full-time Consultant specializing in the valuation of financial instruments. Responsibilities include executing valuation engagements, producing detailed reports, and ensuring timely delivery of services. Candidates should have a Master's degree in finance or financial engineering, along with relevant experience, and proficiency in both French and English is required.

Benefits

Comprehensive benefits

Inclusive workplace

Professional development support

Qualifications

• 0 to 3 years of relevant experience.
• Certifications (CFA, FRM or PRM are an asset).
• Understanding of financial markets and derivatives valuation.

Responsibilities

• Execute valuation engagements related to financial instruments.
• Produce detailed reports presenting the valuation opinion.
• Communicate results to different stakeholders.

Skills

Technical, analytical and problem-solving capabilities

Excellent spoken and written communication skills

Ability to manage timelines and meet tight deadlines

Ability to perform under pressure

Demonstrate initiative and autonomy

Proficiency in French and English

Education

Master's degree in finance or financial engineering

Tools

Python

Matlab

VBA

R

SAS

Job description

Overview

At KPMG, you’ll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.

In a context of sustained growth, the Financial Risk Management group within the Advisory practice is seeking a Consultant specialized in the valuation of financial instruments for its Montreal office. The successful candidate will provide services in the field of valuation of over-the-counter (OTC) financial instruments and derivatives in support to the local audit teams for a diverse client base covering financial institutions and large corporations. The candidate will work closely with the practice management and the audit teams.

Our Financial Risk Management team is looking for a full-time Consultant in our Montreal office.

What you will do

• Execute valuation engagements related to financial instruments and derivative contracts
• Perform quantitative work related to modeling or model validation
• Ensure the execution of several engagements simultaneously
• Produce detailed reports presenting the valuation opinion documenting the underlying approach, assumptions, and market data
• Document the work according to the documentation templates required by the audit teams
• Communicate the results to different stakeholders in a concise and clear way
• Work within deadlines that may be very tight and hard to meet, possibly leading to extended hours
• Progressively, the candidate could also work on other Financial Risk Management subjects (Market risk, credit risk, operational risk, investment)

What you bring to the role

• 0 to 3 years of relevant experience
• Master's degree in finance or financial engineering, or any other related discipline
• Certifications (CFA, FRM or PRM are an asset)
• Experience and knowledge:

• • Understanding of financial markets and derivatives valuation
  • Understanding of practical issues related to the development of valuation methods for standard or exotic derivatives with complex cash flow structures
  • Calculation of sensitivities (Greeks)
  • Understanding of the accounting aspects related to derivatives and financial instruments, including hedge accounting
  • Proficiency in programming (Python, Matlab, VBA, R or SAS)

• Other experience and knowledge considered an asset:

• • Market risk management (VaR) or counterparty risk management (XVA)
  • Understanding of the Front, Middle and Back office environment, including processes, systems, risks, limits, and controls
  • Breakdown and attribution of P&L

• Skills required for the position:

• • Demonsrate technical, analytical and problem-solving capabilities
  • Excellent spoken and written communication skills
  • Excellent ability to manage timelines and meet tight deadlines
  • Ability to perform under pressure
  • Demonstrate initiative and autonomy

Proficiency in French and English is required for this position. The successful candidate may be required to support or collaborate with English-speaking colleagues or stakeholders at KPMG Canada, located outside of Quebec. This necessitates the ability to communicate effectively orally and in writing in French and English.

Keys to your success

KPMG individuals Deliver Impact | Seek Growth | Inspire Trust and understand that a diverse workforce enables us to deepen relationships and strengthen our business.

Providing you with the support you need to be at your best

For more information about KPMG in Canada’s Benefits and well-being, click here.

Our Values, The KPMG Way

Integrity, we do what is right | Excellence, we never stop learning and improving | Courage, we think and act boldly | Together, we respect each other and draw strength from our differences | For Better, we do what matters

KPMG in Canada is a proud equal opportunities employer and we are committed to creating a respectful, inclusive and barrier-free workplace that allows all of our people to reach their full potential. A diverse workforce is key to our success and we believe in bringing your whole self to work. We welcome all qualified candidates to apply and hope you will choose KPMG in Canada as your employer of choice.

Adjustments and accommodations throughout the recruitment process

At KPMG, we are committed to fostering an inclusive recruitment process where all candidates can be themselves and excel. We aim to provide a positive experience and are prepared to offer adjustments or accommodations to help you perform at your best. Adjustments (informal requests), such as extra preparation time or the option for micro breaks during interviews, and accommodations (formal requests), such as accessible communication supports or technology aids, are tailored to individual needs and role requirements. You will have an opportunity to request an adjustment or accommodation at any point throughout the recruitment process. If you require support, please contact KPMG’s Employee Relations Service team by calling 1-888-466-4778.