FS Consulting, RRA, Credit Risk Senior Associate to Assistant Manager

KPMG SERVICES PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading consulting firm in Singapore is seeking a professional to focus on Credit Risk. Responsibilities include collaborating on credit risk solutions, assisting clients in regulatory initiatives, and developing credit models using statistical methods. Ideal candidates will have a degree in a relevant field and strong programming skills in languages such as Python or R. This role promotes diversity and offers a flexible working environment.

Qualifications

• 2 to 6 years of relevant working experience.
• Experience in regulatory topics like IFRS 9, Basel III/IV.
• Ability to work independently.

Responsibilities

• Collaborate with Managers on Credit Risk.
• Design and implement solutions for credit origination processes.
• Assist clients in gap analysis and regulatory initiatives.
• Understand and analyze credit portfolios.
• Develop and validate credit models using statistical methods.
• Engage with clients and present findings.

Skills

Credit Risk analysis

Programming in Python, R, Matlab or SAS

Communication skills

Analytical skills

Problem-solving skills

Education

Bachelor’s Degree in Mathematics, Physics, Engineering, Computer Science, Finance, Statistics or Economics

Job description

The financial services landscape is evolving at an unprecedented pace of change and KPMG is at the heart of this change. At KPMG, you will work across a broad range of financial institutions, including private banks, commercial banks, digital banks, capital markets intermediaries, payment services providers, and fintechs. Our global network of experienced professionals offer tailored services to clients and provide deep industry knowledge, insightful opinions, and technology-enabled delivery to help improve processes, governance and strategy to address financial and operational risks and drive business performance. You will help financial institutions enhance performance, enable better decision-making and satisfy compliance demands by shaping their risk strategy, improving risk-adjusted performance and implementing pragmatic recommendations.

You would be expected to contribute in the following ways:

• Working closely with the Managers / Senior Managers on with a focus on Credit Risk (experience in other risk and regulatory domains is a plus)
• Working with large financial institutions to design and implement solutions that digitise credit origination processes for Corporate / Commercial / Retail loans and digitise internal risk and compliance procedures using various technologies like RPA, machine learning, natural language processing and APIs
• Working with financial services clients to assist them in performing gap analysis, implementation or quality assurance on critical risk and regulatory change initiatives
• Working with clients to understand and analyse their credit portfolios, underlying risks and risk factors to then formulate approaches to develop appropriate credit models
• Development and validation of credit models (PD, LGD, EAD) using statistical methods and the relevant analytical tools
• Ensuring engagement with the client, including presentations and discussions with senior management, to showcase intermediate and final outputs of work-products as well as address on-going queries

Experience and skills required:

• Bachelor’s Degree in Mathematics, Physics, Engineering, Computer Science, Finance, Statistics or Economics
• At least 2 to 6 years of relevant working experience
• Sound experience in relevant regulatory topics – incl. but not limited to IFRS 9, BCBS 239, Basel III / IV, ICAAP, Stress Testing
• Excellent knowledge of one of the programming languages - Python, R, Matlab or SAS
• Possess strong communication, analytical and problem-solving skills with the ability to work independently

Only shortlisted candidates will be contacted by KPMG Talent Acquisition team, personal data collected will be used for recruitment purposes only.

At KPMG in Singapore we are committed to creating a diverse and inclusive workplace. We believe that diversity of thought, background and experience strengthens relationships and delivers meaningful benefits to our people, our clients and communities. As an equal opportunity employer, all qualified applicants will receive consideration for employment regardless of age, race, gender identity or expression, colour, marital status, religion, sexual orientation, disability, or other non-merit factors. We celebrate the different talents that our people bring and support every staff member in their journey to achieve personal and professional growth. One of the ways we do this is through Take Charge: Flexi-work, our flexible working framework which enables agile and innovative teams to help deliver our business goals.