Hong Kong – Consultant/Senior Consultant, Risk Consulting, Financial Risk Management (ALM)

Job description

KPMG China provides multidisciplinary services from audit and tax to advisory, with a strong focus on serving our clients’ needs and their industries. Not only do we have an overriding commitment to provide the highest quality services for our clients, but we also strive to become a responsible corporate citizen that has a positive impact on our environment and community. At KPMG, you’ll translate insights into action and reveal opportunities for all - our teams, our clients and our world.

Service Line Overview

KPMG’s Financial Risk Management (FRM) team advises clients on the development and implementation of risk management policies, systems and controls. Working with professionals from KPMG International and local network we offer a broad range of financial risk management services to help international banks, insurance companies, asset managers, and corporate and public clients identify, assess, manage, report, and limit the risks they face.

Our scope of work covers the full spectrum of financial risks, such as credit risk, market risk, operational risk and liquidity risk; economic capital, capital management, stress testing, risk modelling and validation and regulatory compliance issues. There is a particular emphasis currently on the local and international regulatory and risk management initiatives, such as Initial Margin, FRTB, and pricing model validation (including but not limited to digital, barrier, Vanna Volga, HW1F, Local Vol, LMM, Heston), etc. Clients include both local and global financial institutions, and especially there is a strong focus on Chinese financial institutions in Hong Kong.

Key Responsibilities

 - Support Engagement Managers to provide high quality, professional day-to-day execution of FRM projects to financial institutions, in particular:
 - Liquidity risk management consulting
 - Interest rate risk management consulting
 - Behavioural modelling 
 - Planning, implementation, and process optimisation of enterprise risk management for financial institutions
 - Other SFC and HKMA regulatory compliance consulting
 - Support Engagement Managers in engagement planning, scheduling, coordination, and administration of engagements
 - Develop and maintain productive working relationships with client personnel, and lead client meetings
 - Assist with proposal drafting and business development activities
 - Build strong internal relationships within the Advisory practice and across other services

Experience & Background

 - Bachelor’s degree in Mathematics, Accounting, Economics, Finance, Risk Management, Data Science or related discipline from an accredited college / university
 - Around 1 - 4 years’ experience in liquidity risk / interest rate risk in banking book / treasury management or related area
 - Knowledge in Basel/HKMA LM or IRRBB regulatory requirements is highly preferable
 - Experience with SAS, SQL, R and ALM system is highly preferable
 - Qualified FRM, CFA, HKICPA, ACCA, AICPA or equivalent would be advantageous
 - Proficient in both spoken and written English and Chinese, fluent in Putonghua is preferable
 - Strong interpersonal, influencing and communication skills
 - Self-motivated and able to work independently
 - Demonstrated ability to learn and succeed in a fast-paced environment. Highly adaptive and flexible

About KPMG

At KPMG China, we are committed to being an equal opportunity employer, with zero tolerance for any form of discrimination against any persons. It is important for us to create an inclusive, diverse and agile workplace for our people to develop and thrive at both a personal and professional level.

We strive to make ESG (environmental, social and governance) a watermark running through our organisation; from empowering our people to become agents of positive change, to providing better solutions and services to our clients. To lead by example, we launched Our Impact Plan (OIP) which includes our ESG commitments and progress across four key pillars – Planet, People, Prosperity and Governance. 

We encourage you to come as you are, and we welcome all qualified candidates to apply, and hope you unlock opportunities with us. Visit KPMG China website for more company information.  

Please note that all information in this form has been voluntarily supplied and will be used by KPMG for selection purposed only.