Our work in Regulatory and Banking Risk is not only interesting and varied, it's also high profile. With the current economic climate and in view of the challenges facing the world today, clients and regulators are focusing ever more closely on risk and regulatory issues. For example we're helping our clients overcome global issues like Climate Risk and the COVID-19 pandemic. 

We help our clients solve business problems by developing tailored and pragmatic solutions. It's become an area of high priority, change and growth within KPMG too. The work we do helps to make Financial Services safer and protect clients and their customers. This is what makes this an endlessly fascinating area for new graduate joiners.

Based in either our Risk or Regulatory team, our 3 year programme gives graduates the chance to build their experience and develop their expertise in risk management across the entire financial sector. Sectors include:

Banking Risk and Regulatory - Banking Risk & Regulatory work involves understanding clients’ issues and providing support, advice and project delivery across their boards, risk functions and finance functions.

Insurance Risk and Regulatory - here we help clients to respond to intervention and change from the Financial Conduct Authority and the Prudential Regulation Authority.

Wealth and Asset Management - KPMG's Wealth and Asset Management Regulatory practice looks after the interests and helps a broad range of clients, from global asset managers with operations in multiple jurisdictions to smaller wealth managers who are predominantly UK focused.

It means being agile and innovative in the way we interact. It means harnessing technology and developing new ways of working, through remote and hybrid forms of working, providing our clients with the advice and support they need. It means embedding virtual solutions for our colleagues, so they continue to benefit from a collaborative working experience. 

Programme summary

Programme overview

Capability: Consulting

Programme length: 3 years

Qualifications: Financial Risk Manager (FRM)

Entry requirements

As a general rule, you’ll be expected to meet the following requirements (*or equivalents)

  • Minimum Grade B GCSE* Maths
  • Minimum Grade B GCSE* English Language
  • Minimum of 128 UCAS points* under the 2017 tariff point system at A Level 
  • Minimum 2:1 degree in any discipline

Please note, we only consider a candidate's 'top' 3 A-Level grades and do not accept General Studies.

At KPMG, we look at more than just your academic results. We will review your application, together with your performance in our assessments, to ensure that you have the best opportunity to demonstrate your potential. We will be considering your strengths and achievements alongside a number of other metrics, including technical background and/or experience, to ensure that you have the skills to succeed at KPMG.

Key skills

Throughout the recruitment process we will be looking to learn more about your strengths.

To be successful on this programme, you will be required to demonstrate the strengths that we look for in our graduates at KPMG.

Learn more about what we look for and how to apply here.

Training and development

Graduates joining us on this programme will study for the dedicated Financial Risk Manager (FRM) qualification. This qualification equips learners with key skills about effective risk measurement and management, essential to the success and survival of businesses such as banks, asset management, insurance, consulting companies and hedge funds. 

The programme is split into two parts which will be integrated to your role during two years of your overall graduate programme. You'll start your qualification mid to end of year 1 of the programme. Part 1 equips you with knowledge to use the tools used to assess financial risk, including quantitative analysis, fundamental risk management concepts, financial markets and products, and valuation and risk models. Part 2 then builds on this to help you understand the latest financial risk concepts and market developments.

Completion and achievement of the qualification will leave you well equipped to further build on your financial risk career at KPMG with the benefit of a highly regarded certification in support. Enjoying a wide variety of client and internal work, you'll need the adaptability and flexibility to work in different roles with a diverse range of people – often under challenging deadlines.

KPMG has a large full-time Professional Qualification & Accreditation (PQA) team dedicated to giving you the best chance of passing your exams first time. KPMG's programmes are underpinned by an online portal so you can access technical content and learning activities, share information, and contact your tutors - all the support you need at the click of a button.

By joining KPMG you'll be joining a long list of graduates who’ve already excelled in their professional exams.

Additional important information

Depending on the project, you can expect to work in the office some of the time. However, a large part of our work is delivered at our clients’ offices or in virtual forms of delivery (or a combination of both i.e. hybrid working).

We work where we are needed – in London, in another part of the UK, or even on the other side of the world! However, given the current climate, we are balancing this, with the requirement to work more virtually.  If you’re thinking of applying, you need to be comfortable with the idea of travelling, working remotely and balancing that with studying for your professional qualifications.

Whilst you will apply to a specific office location, you will likely be required to work flexibly across the region, at KPMG offices, client sites and with varying levels of home working.

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