KPMG

Assistant Manager - Counterparty Credit Risk

Posted On

May 14, 2025

Location

Mumbai, Maharashtra

Experience Level

KI Professional

Job Type

Full Time

Apply By

May 28, 2025

Job Description

About KPMG in India

KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

Why Choose KPMG India?

Dynamic Work Environment: Be a part of an innovative team that values creativity and fresh ideas. 👨‍💼
Growth Opportunities: We provide excellent training, mentorship, and career advancement.📈
Attractive Benefits: Competitive salaries, health insurance, and more!🎖️

📜 Role & Responsibilities

The role involves and covers following support from Business Analyst (BA) perspective.

Work as a Business Analyst, Understanding of data and data architecture, metrics and the importance of these in the design and delivery of new dashboards. Able, to identify and engage data owners
Ability to translate business requirements into technical requirements.
Ability to a process mapping and have experience in Risk Transformation.
Should have knowledge on requirement gathering and BRD/FRD documentation
Relevant experience of controls required to assure quality and completeness of the solution and its data
The ability to challenge what we are doing, to take our dashboard designs to the next level in terms of design and technology use.
Experience of working with cross-line-of-business working groups to design dashboards and approve solutions
Dashboard delivery
Demonstrable experience of designing dashboards to meet the requirements of a diverse group of users.
A solid understanding of risk management.
Knowledge of the latest dashboard technologies and trends.

Other Desirable experience:

Programme delivery on strategic programmes
Dealing with exec level management
TOM development
Regulatory Requirements mapping and gap analysis
Governance and Reporting and MI / dashboarding delivery
Knowledge of Counterparty Credit Risk, Exposure calculation methodologies (simulation, aggregation, limit monitoring). Experience of implementing both Modelled and Non-Modelled calculation algorithms.
Previous experience of capturing & analyzing the daily movement of EAD numbers for Financing Products, calculating the counterparty credit risk.  
Previous experience of validated counterparty exposure on a daily, monthly, and quarterly basis using various metrics including Exposure metrics (PFE, EPE, EEPE, EAD etc ) and VAR computation using both Internal Model (IMM) and Standardized approaches like CEM.
Hands-on Experience of Exposure Calculation (EAD/PFE) at Portfolio level for both Modeled (IMM) & Non-Modeled (CEM/SACCR , Credit VAR ,CEF) transactions.
Working knowledge of calculating & reporting default risk for traded products.
Understanding of adjustments at the counterparty level where traded product exposure (derivatives, debt and equity financing) was found to be erroneous and material to mitigate impact on risk monitoring, CVA, and RWA.
Some exposure to credit risk reporting platforms and risk engine.

Skills and Qualifications

CFA / FRM certification is a plus.
Strong analytical skills and statistical background

PEOPLE BENEFITS

Continuous learning program
Driving a culture of recognition through ‘ENCORE’ our quarterly rewards and recognition program
Comprehensive medical insurance coverage for staff and family
Expansive general and accidental coverage for staff
Executive Health checkup (Manager & above, and for staff above the age of 30)
Les Concierge desk.
Internal & Global mobility
Various other people friendly initiatives
Strong commitment to our Values such as CSR initiatives

The opportunity is now! If you are interested in being part of a dynamic team, serving clients and reaching your full potential – KPMG Advisory Services is for you!

Equal employment opportunity information

KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.

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