Assistant Manager
5 months ago
Job description
We have an exciting opportunity for an Assistant Manager to join our Credit Risk Assurance team. We are a specialist function within KPMG’s Audit Practice whose purpose it is to review and challenge complex statistical models used within audited entities as part of the overall financial audit process. Our team is made up of credit risk analysts from a broad and diverse range of quantitative backgrounds, including mathematics, engineering, physics, econometrics, and statistics.
As a Credit Risk Modelling Assistant Manager, you will have a technical specialist role supporting the external audit of credit risk models (IFRS9, CECL, etc). Your specific responsibility will be to execute and document the quantitative testing conducted by the team.
The role offers exposure to a wide range of techniques used by institutions, from globally systemically important banks to small credit providers. It also provides access to the latest technology, including cloud-based data processing and software packages like Python, R and SAS.
Organising and executing workstreams of quantitative testing. Conducting assessments of audited entity model documentation (e.g., model development, validation, monitoring documentation) against the requirements of the accounting standard as well as industry practice. Annotating code produced by an audited entity and reconciling code functionality / variables back to documentation. Reperforming the output of an audited entity’s code by rerunning it in the appropriate software package. Reperforming the output of an audited entity’s code using code developed independently from an entity’s documentation using an appropriate software package. Determining independent estimates of a model’s output using KPMG assumptions. Completing associated documentation for quantitative testing in a clear and succinct manner. Supervising, coaching and training junior team members on engagements.
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