KPMG - AM/Manager - Credit Risk Modeling

KPMG Global Services, Bangalore is looking to hire an Assistant Manager/Manager for their Credit Risk Modeling team. Please find the JD below;

Job Description: Credit Risk

Required Experience: 6-8 years

Designation: Manager

Job Location: Bangalore

Role description:

- Work with our clients (usually large financial institutions in US) on credit risk projects pertaining to model development/validation, credit policy review, credit origination process review, TOM development, regulatory compliance, agreed upon procedures and reporting.

- Engage with Partners/Directors to understand the project scope, business requirements and work with onshore and offshore teams to deliver on projects.

- Take responsibility for key deliverables on engagements reporting to Engagement managers.

- Work with offshore leadership to identify potential hot topics / client challenges in the credit risk space, develop our offerings and identify project opportunities for the offshore consulting team.

Required Qualifications:

- Advanced degree in Math, Statistics or other Analytical disciplines

- Professional Certification such as FRM, CFA preferred

- Minimum of 5 years experience working in the credit risk division in large banks and/or tier 1 consulting organizations.

- Strong working knowledge in most of the following areas:

- PD/LGD/EAD Model development

- ALLL (Loan loss provisions) calculation

- Loss forecasting models

- CCAR / DFAST stress testing

- RWA & Capital calculation

- Credit scoring (Retail portfolios)

- Advanced statistical modeling skills (logistic regression, CHAID and other data mining/predictive modeling skills)

- Strong knowledge of Advanced Excel and VBA.

- Sound modeling skills in SAS, SPSS, MATLAB, R or other statistical software preferred.

- Experience working and/or living overseas is a plus.

- Other preferred skills will be:

- Risk based pricing

- RAROC

- Economic Capital / Credit VaR

- Basel II, ICAAP

Key Skills:

- Strong problem solving, analytical skills. Ability to think out-of-the box.

- Strong consulting skills - Communication, relationship management

- Must work well in a team-oriented environment as well as independently.

- Ability to travel overseas as necessary to meet client needs