Credit Risk Assurance Assistant Manager- Leeds
Experience Level: Associate/Assistant Manager
Type: Full Time
Service Line: Audit
Assistant Manager – Credit Risk Assurance
Acting as a technical specialist on the external audit of credit risk models (IFRS 9, CECL, Regulatory) at our audit entities and conducting procedures that include but are not limited to:
1) Technical model development documentation review
2) Technical model validation documentation review
3) Assessment of model performance
4) Independent replication of any of the above
Acting as a technical specialist on the external audit of audit entities end to end credit risk process and conducting procedures that include but are not limited to:
1) Credit risk governance reviews
2) Credit risk policy and procedure reviews
3) Individual credit file reviews
4) Substantive testing of any of the above
Advising non audit clients on the impact of changing requirements in provision accounting standards (IFRS9) and helping clients validate or build credit risk measurement models.
The individual will also be expected to complete technical analysis for workstreams within both IFRS9 and credit risk modelling engagements.
The individual will also be required to apply their skills to a broad range of banking risk related issues supporting both regional and national propositions.
Knowledge & Experience:
Experience working in a credit risk modelling role within a financial or professional services firm.
Practical experience in credit risk modelling techniques
Knowledge and practical experience in accounting and risk requirements as related to IFRS9, CECL and regulatory credit risk models
Detailed working knowledge and experience of all aspects of model development and validation including the following:
1) Data extraction and pre-processing
2) Modular model development
3) User acceptance testing
4) Model performance assessments
Relevant Sectoral experience – developing Retail/ Wholesale banking PD/EAD/LGD models
Knowledge and experience of credit risk processes, governance and documentation
Qualifications & Skills:
Ability to communicate risk/finance requirements of IFRS9 to the reciprocal function, i.e. risk to finance and finance to risk.
Ability to understand and execute programming code including SAS, R, Python
Flexibility and agility to contribute in a senior capacity to a broad range of banking risk engagements.
Excellent oral / written communication, planning, project management, networking and influencing skills.
Flexibility to work across the UK (and internationally) where required
Why Audit at KPMG?
Audit is at the core of KPMG. With a global team of over 4,000 people, as of May 2017 we serve more listed companies than any other professional services firm. Here in the UK, we serve thousands of clients – from some of the largest multi nationals and best-known brands to public bodies and individual entrepreneurs. Joining us is an opportunity to get to grips with different types of organisations, gain new insights and truly advance your professional skill-set.Read about Audit
With offices across the UK, we are part of a global network of firms providing Audit, Tax & Pensions, Consulting, Deal Advisory and Technology Services to diverse clients.About KPMG
From role sharing and flexible start and finish times to home working, we'll try and support the flexible work patterns that best suit you.Read more
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We want you to bring your full self to work - to make this a place where people from every background thrive.Read more
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