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Job description

Summary of Role Purpose

We have an exciting opportunity for a Senior Manager to join our Credit Risk Assurance team. We are a specialist function within KPMG's Audit Practice whose purpose it is to review and challenge complex statistical models used within audited entities as part of the overall financial audit process. Our team is made up of credit risk analysts from a broad and diverse range of quantitative backgrounds, including mathematics, engineering, physics, econometrics, and statistics.

As a Credit Risk Modelling Senior Manager, you will have a senior technical specialist role supporting the external audit of credit risk models (IFRS9, CECL, etc). You will have accountability for managing workstreams of large complex audits, from the initial scoping and planning phases to the delivery of testing.

As a member of our leadership team, you will work closely with the Directors and Partners to define the team's strategy, contribute to the team's thought leadership, and support colleagues in resolving the most complex technical issues.

You will be responsible for leading teams of and supervising the work of staff, providing coaching and development to assist them in the effective delivery of engagements. You will also have performance management responsibilities for a small number of employees.

The role offers exposure to a wide range of techniques used by institutions, from globally systemically important banks to small credit providers. It also provides access to the latest technology, including cloud-based data processing and software packages like Python, R and SAS.

Description of Role

• Managing and executing quantitative testing engagements for large and complex engagements. This includes activities from scoping and planning, budgeting, progress tracking and the review of deliverables.
• Critically assessing appropriate model documentation against the requirements of the accounting standard and industry practice.
• Independently reperforming the procedures and tests detailed within the model documentation using the appropriate software packages.
• Completing associated documentation for quantitative testing in a clear and succinct manner.
• Acting as a key point of contact for other technical specialists to answer complex technical issues.
• Providing thought leadership on evolving issues in the market.
• Supporting the Credit Risk Assurance leadership in the running of the department (e.g., supporting with resourcing and formalised training).
• Leading the development of next generation audit tools and methodologies.
• Managing, coaching and training team members on engagements.
• Performance managing junior team members, ensuring that you are having rich development conversations that supports their growth and career progression.
  

Technical core competencies required for the role

Our Global Audit & Assurance Technical core competencies provide clarity and consistency of expectations to ensure the minimum audit technical requirements are being met by level to drive Audit Quality, which is fundamental to achieving our ambition to become the most trusted and trustworthy firm. The relevant competencies for this role are:

• Technical knowledge: Understands relevant technical accounting and financial reporting standards as well as being well versed in contemporary statistical techniques and practices in credit risk modelling.
• Technology skills: Able to read, interpret and create software code, and is well versed in modern computing languages related to credit risk modelling (e.g. SAS, Python, or R).
• Professional scepticism and issue identification: Applies professional scepticism, objectivity and independence to identify and support resolution of potential audit issues.
• Documentation: Completes audit documentation demonstrating an unwavering focus on audit quality.