KPMG Associate/Senior Associate, Risk Analytics in New York, New York

Associate/Senior Associate, Risk Analytics

New York, New York

Requisition #: 33877

Practice Area: Advisory

Location: New York, NY

Known for being a great place to work and build a career, KPMG provides audit, tax and advisory services for organizations in today's most important industries. Our growth is driven by delivering real results for our clients. It's also enabled by our culture, which encourages individual development, embraces an inclusive environment, rewards innovative excellence and supports our communities. With qualities like those, it's no wonder we're consistently ranked among the best companies to work for by Fortune Magazine, Consulting Magazine, Working Mother Magazine, Diversity Inc. and others. If you're as passionate about your future as we are, join our team.

KPMG is currently seeking an Associate/Senior Associate in Risk Strategy & Compliance - Risk Analytics for ourpractice.

Responsibilities:

  • Complete financial risk management engagements related to key financial risks including credit loss forecasting, PPNR modeling, and other statistical/predictive modeling

  • Assist in projects related to Credit RWA capital calculations, ALLL/CECL

  • Review, validate, and develop PD/LGD/EAD credit models, stress testing (including CCAR), and dynamic financial analysis models

Additional Responsibilities for Senior Associate:

  • Develop and validate credit loss models and models used for capital planning & stress testing (credit loss & PPNR)

  • Knowledge of various modeling approaches including linear and non-linear models, regression analysis, logistic regression, lattice models

  • Develop and support risk management models for use in the production of client deliverables, familiarity with model risk management (FRB SR 11-7 / OCC 2011-12)

Qualifications:

  • Minimum of one year of relevant experience in the financial services industry or other advisory services practice

  • Advanced degree in finance, financial engineering, mathematics, economics, or a related major from an accredited college/university

  • Basic understanding of financial products such as loans, mortgages, credit card receivables / revolving debt, wholesale/commercial credit (CRE, C&I portfolios), ABS/MBS, structured products

  • Fluency with SAS, R, and Matlab

  • Strong communication and presentation skills

  • Travel may be up to eighty to one hundred percent

  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

Additional Qualifications for Senior Associate:

  • A minimum of five years of advisory or project management experience

  • Progressive experience leading teams and managing projects

  • Strong knowledge of advanced statistical forecasting (modeling approaches, e.g. hazard, OLS/WLS, ARIMA, Probit; distributions beyond normal/Gaussian, e.g. Binomial, Lognormal, Poisson, Weibull); seasonality and lag modeling; statistical significance testing

KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an equal opportunity employer. All qualified applicants are considered for employment without regard to race, color, creed, religion, age, sex/gender, national origin, ancestry, citizenship status, marital status, sexual orientation, gender identity or expression, disability, physical or mental handicap unrelated to ability, pregnancy, veteran status, unfavorable discharge from military service or military status, genetic information, genetic disposition and or carrier status, domestic violence status, personal appearance, family responsibility, matriculation or political affiliation, status with regard to public assistance, or other legally protected status. KPMG maintains a drug-free workplace. KPMG will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable local, state or federal law (including San Francisco Ordinance number 131192). No phone calls or agencies please.

Our Benefits

Health

KPMG offers a range of medical insurance options to meet your needs as well as prescription drug coverage, health care flexible spending accounts, and dependent day care flexible spending accounts.

Personal Time Off (PTO)

Up to 30 PTO Days per year (depending on job classification/level/years of service).

Financial

  • 401(k) and Pension Plans

  • Dependent Care Flexible Spending Account

  • Health Care Flexible Spending Account

  • Mortgage Assistance Program

  • HomeBenefits@Work Program

  • Hyatt Legal Plan

  • Benefits vary by employment status.