Job description
Job details
Location: London
Capability: Consulting
Experience Level: Senior Manager
Type: Full Time
Service Line: Risk & Compliance
Contract type: Permanent
Job description
Climate risk has emerged as a top priority risk to banks and we are helping our clients to respond to the immense challenges posed by climate change, including how to integrate climate risk management and measurement, and meet global regulatory, investor and stakeholder demands. We are looking for a Senior Manager who is passionate and enthusiastic about climate change who can bring existing banking risk management and modelling expertise and experience, particularly credit risk, to help build out the development of our climate risk proposition and service offerings in this exciting, cutting edge, and incredibly important area, as well as delivering these offerings with our banking clients. This opportunity is within our Banking Risk team, which is part of our Financial Risk Management consulting practice. This team houses many subject matter experts that focus on supporting our banking clients with achieving their prudential and conduct risk and regulatory objectives.
Key Responsibilities:
- Provide subject matter expertise on climate risk in the context of risk modelling and measurement, stress testing, risk management, strategy, and regulatory expectations.
- Developing materials, tools and methodologies to support our climate risk proposition for use in client meetings, engagements, events, and broader thought leadership.
- Collaborate with global stakeholders on the development and coordination of climate risk offerings.
- Work across and be the day-to-day lead on multiple engagements, delivering high quality climate risk support to our banking clients, including managing the delivery team.
- Manage the preparation, delivery, reporting and evaluation of engagements, including managing the risks of the project.
- Maintains a detailed knowledge of climate risk regulations and an awareness of broader banking regulations, market trends, competitor activity and products/services.
- Build and cultivate strong business relationships.
- Identify new opportunities and develop these with existing clients, contributing to and/or managing the development of proposals.
- Advocate innovation both within the firm and with clients.
- Take a leading role in developing team members to their full potential and promoting collaboration among larger teams.
- Provide advanced technical knowledge, direction and training to others and participates in team practice decisions such as resource allocation.
Development Value:
This role provides a unique opportunity to be part of building KPMG’s banking risk capabilities in an exciting and rapidly evolving area. It will provide unique visibility across the firm and within our clients, and offer exposure to different parts of the firm, different clients, and different products and engagements.
The Individual:
Experience & Knowledge:
- A strong background working in a credit risk modelling role within a financial or professional services firm with practical experience in credit risk modelling
- Experience in managing teams of 3-6
- Strong analytical, science and/or mathematical-based background with ability and interest in applying that expertise to develop climate risk models
- Experience in quantification of climate risk hugely advantageous
- Practical working knowledge and experience of model development and validation
- Basic understanding of the risks faced by financial services due to climate change and how it may impact a Bank’s loan portfolio is advantageous
- Knowledge and understanding of banking regulations in relation to climate risk
- Knowledge and experience of credit risk processes, governance and documentation
Qualifications, Skills & Competencies:
- Undergraduate degree in analytical field, such as mathematics or statistics
- Self-starter, with the ability and desire to do own research and apply existing modelling expertise to new emerging areas such as climate risk modelling
- Ability to understand and execute programming code such as R, Python, SAS
- Excellent communication skills, both written and oral
- Strong interpersonal skills with the ability to lead diverse groups and develop strong networks
- Flexibility and agility to contribute in a senior capacity to a broad range of banking risk engagements
- Strong organisational skills and the ability to multi-task effectively, with a practical solutions-driven approach
- Excellent stakeholder management skills, across senior individuals within the firm and our banking clients
Why Consulting at KPMG?
Technology is a critical focus for us. It underpins everything we do. We're investing in technology like never before – not least because the pace of technological change is disrupting organisations in new and challenging ways. Through advanced data analytics and emerging tech-enabled solutions like AI and machine learning, we're helping clients across diverse sectors to navigate that change. We enable them to avoid any unnecessary risks and to uncover new, transformative opportunities that could give them a competitive edge. A career here means stretching your skills and honing your expertise by solving complex problems as part of a collaborative, results-driven and supportive team. Whether we're helping our clients to reduce their costs, make better decisions, improve efficiencies or deploy the latest technologies, we bring together broad specialisms and talents to deliver robust, connected solutions.