Credit Risk Assistant Manger Birmingham, England
Job description
Job details
Location: Aberdeen, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Gatwick, Gibraltar, Glasgow, Leeds, Leeds Broadgate, Liverpool, London, Manchester, Milton Keynes, Newcastle upon Tyne, Norwich, Nottingham, Plymouth, Reading, Sheffield, South Coast, Watford
Capability: Consulting
Experience Level: Associate/Assistant Manager
Type: Full Time
Service Line: Risk & Compliance
Contract type: Permanent
Job description
The Role
Responsibilities:
- Advising clients on the impact of changing requirements in provision accounting standards (IFRS9) and Basel credit risk capital requirements (IRB). This will model review and validation activities such as:
- Technical model development documentation review;
- Assessment of model performance
- Replication testing; and
- Reviewing models’ against IRB regulatory requirements.
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.
The Person
Knowledge & Experience:
- 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 the following:
- Data extraction and pre-processing
- Modular model development
- User acceptance testing
- Model performance assessments
- Relevant Sectoral experience – developing Retail/ Wholesale banking PD/EAD/LGD models
- Knowledge and experience of credit risk processes, governance and documentation
Qualifications & 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
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.
