Consultant / Senior Consultant, Financial Risk Management (Market Risk)

KPMG China provides multidisciplinary services from audit and tax to advisory, with a strong focus on serving our clients’ needs and their industries. Not only do we have an overriding commitment to provide the highest quality services for our clients, but we also strive to become a responsible corporate citizen that has a positive impact on our environment and community. At KPMG, you’ll translate insights into action and reveal opportunities for all—our teams, our clients and our world.

Service Line Overview

KPMG’s Financial Risk Management (FRM) team advises clients on the development and implementation of risk management policies, systems and controls. Working with professionals from KPMG International and local network we offer a broad range of financial risk management services to help international banks, insurance companies, asset managers, and corporate and public clients identify, assess, manage, report, and limit the risks they face.

Our scope of the work covers the full spectrum of financial risks, such as credit risk, market risk, operational risk and liquidity risk; economic capital, capital management, stress testing, risk modelling and validation; regulatory compliance issues; ESG and Asset and Liability Management. Clients include local and foreign financial institutions, and there is a strong focus on financial institutions in mainland China.

Key Responsibilities

• Support engagement leaders to provide high quality, professional day-to-day execution of FRM projects to financial institutions, in particular :
• Review and advise enhancements on market risk and counterparty credit risk management frameworks;
• Validate closed-form and numerical (including but not limited to Monte-Carlo simulation and finite difference methods) pricing models across interest rate, FX, equity, credit and commodity asset classes through benchmarking and replication techniques;
• Validate risk sensitivities, market risk, counterparty credit risk measurement and / or Credit Valuation Adjustment (“CVA”) models through benchmarking and replication techniques; and / or
• Validate the implementation of market risk capital requirements, counterparty credit risk capital requirements and / or initial margin models
• Support or act as engagement manager in engagement planning, scheduling, coordination, and administration of engagements
• Develop and maintain productive working relationships with client personnel, and lead client meetings
• Assist with proposal drafting and business development activities
• Build strong internal relationships within the Advisory practice and across other services

Experience & Background

About KPMG

At KPMG China, we are committed to being an equal opportunity employer, with zero tolerance for any form of discrimination against any persons. It is important for us to create an inclusive, diverse and agile workplace for our people to develop and thrive at both a personal and professional level.

We strive to make ESG (environmental, social and governance) a watermark running through our organisation; from empowering our people to become agents of positive change, to providing better solutions and services to our clients to help them achieve their ESG goals. View Our Impact Plan to learn more about our ESG commitments and progress across four key pillars - Governance, People, Planet and Prosperity – and how we make a positive impact on our people, environment and society.

We encourage you to come as you are, and we welcome all qualified candidates to apply, and hope you unlock opportunities with us. Visit KPMG China website for more company information.

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