KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 138 countries and territories with more than 276,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

Job Description

The financial services landscape is evolving at an unprecedented pace of change and KPMG is at the heart of this change. At KPMG, you will work across a broad range of financial institutions, including private banks, commercial banks, digital banks, capital markets intermediaries, payment services providers, and fintechs. Our global network of experienced professionals offer tailored services to clients and provide deep industry knowledge, insightful opinions, and technology-enabled delivery to help improve processes, governance and strategy to address financial and operational risks and drive business performance. You will help financial institutions enhance performance, enable better decision-making and satisfy compliance demands by shaping their risk strategy, improving risk-adjusted performance and implementing pragmatic recommendations.

You would be expected to contribute in the following ways:

Working closely with the Partners and Directors on with a focus on Credit Risk (experience in other risk and regulatory domains such as market or liquidity risk is a plus)
Develop, enhance and validate credit risk related models (e.g. scorecard, internal credit rating, IFRS 9 (PD, LGD, EAD), BASEL, etc.) using statistical methods and the relevant analytical tools
Working with clients to understand and analyse their credit portfolios, underlying risks and risk factors to then formulate approaches to develop appropriate credit models
Working with large financial institutions to design and implement solutions that digitise credit origination processes for Corporate / Commercial / Retail loans and digitise internal risk and compliance procedures using various technologies like RPA, machine learning, natural language processing and APIs
Working with financial services clients to assist them in performing gap analysis, implementation or quality assurance on critical risk and regulatory change initiatives
Ensuring engagement with the client, including presentations and discussions with senior management, to showcase intermediate and final outputs of work-products as well as address on-going queries
Managing teams and client stakeholders, project delivery timelines and delivery quality

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Experience And Skills Required

Bachelor's Degree in Mathematics, Physics, Engineering, Computer Science, Finance, Statistics or Economics
Professional qualification in CFA/FRM would be a plus
At least 6 years of relevant working experience
Sound experience in relevant regulatory topics – incl. but not limited to IFRS 9, BCBS 239, Basel III / IV, ICAAP, Stress Testing
Excellent knowledge of one of the programming languages - Python, R, Matlab or SAS
Exceptional analytical, problem solving and presentation/report writing skills, combined with a good understanding of business dynamics and commercial value drivers
Experience in managing teams and mentoring individuals will be an added advantage

Only shortlisted candidates will be contacted by KPMG Talent Acquisition team, personal data collected will be used for recruitment purposes only.

At KPMG in Singapore we are committed to creating a diverse and inclusive workplace. We believe that diversity of thought, background and experience strengthens relationships and delivers meaningful benefits to our people, our clients and communities. As an equal opportunity employer, all qualified applicants will receive consideration for employment regardless of age, race, gender identity or expression, colour, marital status, religion, sexual orientation, disability, or other non-merit factors. We celebrate the different talents that our people bring and support every staff member in their journey to achieve personal and professional growth. One of the ways we do this is through Take Charge: Flexi-work, our flexible working framework which enables agile and innovative teams to help deliver our business goals.

FS Consulting, RRA, Credit Risk Manager