Credit Risk Assistant Manger

TN United Kingdom; Leeds; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

An established industry player is seeking a Credit Risk Assistant Manager to join their dynamic consulting team. In this pivotal role, you will advise clients on the implications of evolving accounting standards and regulatory requirements. Your expertise in credit risk modelling will be essential as you engage in technical analyses and support various banking risk-related issues. With opportunities for flexible working arrangements and a collaborative environment, this position is perfect for those looking to make a significant impact in the financial sector. Embrace the chance to work across the UK and contribute to meaningful projects that shape the future of banking risk management.

Benefits

Flexible Working Hours

Remote Work Options

Professional Development Programs

Health and Wellness Initiatives

Qualifications

• 3+ years in credit risk modelling within financial services.
• Experience in IFRS9 and IRB regulatory requirements.

Responsibilities

• Assess model performance and conduct replication testing.
• Review models against IRB regulatory requirements.

Skills

Credit Risk Modelling

SAS

R

Python

Communication Skills

Project Management

Education

Bachelor's Degree in Finance or Related Field

Tools

Data Extraction Tools

Job description

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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 Credit Risk Assistant Manager?

You will be advising clients on the impact of changing requirements in provision accounting standards (IFRS9) and Basel credit risk capital requirements (IRB).

The individual will also be expected to perform technical analysis for workstreams within both IRB, IFRS9, and credit risk modelling engagements.

The individual will also be required to apply their skills to a broad range of banking risk-related issues supporting both regional and national propositions.

What will you be doing?

• Assessment of model performance;
• Replication testing; and
• Reviewing models against IRB regulatory requirements.

What will you need to do it?

• Minimum 3 years’ experience working in a credit risk modelling role within a financial or professional services firm.
• Practical experience in credit risk modelling techniques.
• Knowledge and practical experience in accounting and risk requirements as related to IRB, IFRS9, and other regulatory credit risk models.
• Detailed working knowledge and experience of all aspects of model development and validation including:
• Data extraction and pre-processing;
• User acceptance testing;
• Relevant Sectoral experience – developing Retail/ Wholesale banking PD/EAD/LGD models;
• Knowledge and experience of credit risk processes, governance, and documentation.

Key Skills;

• Ability to communicate risk/finance requirements of IRB and/or IFRS9 to the reciprocal function, i.e., risk to finance and finance to risk.
• Ability to understand and execute programming code including SAS, R, Python.
• Flexibility and agility to contribute in a senior capacity 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.

Our Locations:

We are open to talking to Credit 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
• ITs Her Future Women in Tech programme
• KPMG Workability and Disability confidence

For any additional support in applying, please click the links to find out more.