Senior Manager, Credit Risk Management

KPMG LLP Canada; Montreal; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading company in financial services seeks a Senior Manager in Financial Risk Management to oversee credit risk projects. The role involves managing teams, developing models, and ensuring quality in analyses. Ideal candidates will have a quantitative background and extensive experience in credit risk management, along with strong communication and leadership skills.

Qualifications

• 5-10 years of relevant work experience in credit risk management.
• Experience in development and validation of internal rating system models.

Responsibilities

• Manage projects related to credit risk management and model development.
• Write detailed reports and prepare proposals for clients.
• Coordinate various risk management projects to add value.

Skills

Quantitative background

Credit risk management

Excellent communication skills

Leadership

Teamwork

Education

Master’s or PhD in economics

Tools

SAS

SQL

Python

R

Matlab

MS Office

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.

Our Financial Risk Management practice is looking for a Senior Manager with a credit risk profile to join our team in the Montreal office.

You will be involved in a variety of projects with clients exclusively in the financial services industry, including major Canadian banks, credit unions, Crown corporations, as well as pension funds and asset managers.

You will work closely with the Partners in the Financial Risk Management practice on advisory projects in financial modelling and will contribute to business development.

What you will do

The chosen candidate will:

• Manage projects related to the financial risk management field, pertaining mainly to credit risk management, credit risk model development, validation, and audit.
• Monitor several mandates with tight deadlines and review the analyses produced by the execution team to ensure quality.
• Coordinate the completion of a variety of risk management projects to add value.
• Write detailed reports setting out the approach, observations and recommendations.
• Prepare proposals to meet clients’ business needs, presentations for prospective clients as well as participate in conferences for business development purposes.

What you bring to the role

• Quantitative background (Master’s or PhD in economics, statistics, mathematics, actuarial science or other relevant quantitative discipline).
• Extensive knowledge in credit risk management with 5-10 years of relevant work experience.
• Advanced technical understanding of modelling techniques and their application in the banking industry, namely expert judgement models, survival analysis, classification and regression techniques, time series models, variable selection algorithms, etc.
• Experience in development and/or validation of internal rating system models (PD, LGD and EAD) for retail and wholesale portfolios.
• Experience in development and/or validation of models for regulatory capital, adjudication or behavioural scorecards, stress testing, provisions, etc.
• Knowledge of economic capital calculations, an asset.
• Knowledge of MS Office suite software, ability to work with datasets, and programming skills (SAS, SQL, Python, R, Matlab).
• Knowledge of financial institutions’ regulatory environment, particularly guidelines and capital standards (Basel Accords), as well as relevant accounting standards (IFRS 9), an asset.
• Sense of initiative and strong organizational and priority management skills, ability to work independently.
• Excellent teamwork, coaching, leadership and relationship building skills.
• Excellent communication skills (both verbal and written).

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

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 the opportunity to request an adjustment or accommodation at any point throughout the recruitment process. 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.