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.
- Experience in model development or validation for Market risk models (FRTB, VaR, SVaR, RNIV, P2A) or Pricing models. Documenting all work performed in a clear, concise, and re-performable manner. Tracking and closing model-related findings.
- Proven experience in Market risk, FRTB risk modeling or model validation.
- Models – Value at Risk, Counterparty Risk Exposure models, FRTB (IMA), Pricing of plain vanilla and exotic derivatives, XVA, Stress Test Models, etc.
- Produce high quality model validation reports, with a particular focus on noting limitations, weaknesses, and assumptions.
- Providing subject matter expertise on models and model risk to teams globally.
- Proven experience in model development or validation across derivative pricing and valuation models.
- Strong understanding of regulations and guidelines like SR 11-7 or other equivalent guidelines for model risk management.
- Review outcome, impact, or benchmark analysis, or develop/ validate a benchmark model (as applicable).
- Assess model risk, perform model robustness analysis, and identify and evaluate model limitations.
- Strong knowledge of regulatory expectations, model risk governance, and financial risk management practices.
- Programming skills like: Python and fair understanding of SQL.
- Proficient in Microsoft Word, Excel, and PowerPoint and Latex
- 3+ yrs of experience.
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.
Qualifications
- MBA Finance, Bachelor/Master in Statistics, Engineering/Technology
- CFA/FRM/CQF certification
Skills Required
- 3+ years of experience
- Experience in model development or validation for market risk models (FRTB, VaR, SVaR, RNIV, P2A) or pricing models
- Proven experience in market risk, FRTB risk modeling or model validation
- Experience with models: Value at Risk, Counterparty Risk Exposure, FRTB (IMA), pricing of derivatives, XVA, stress test models
- Produce high quality model validation reports, noting limitations, weaknesses, and assumptions
- Provide subject matter expertise on models and model risk to global teams
- Strong understanding of model risk management regulations and guidelines (e.g., SR 11-7 or equivalents)
- Assess model risk, perform robustness analysis, and identify/evaluate model limitations
- Programming skills: Python and fair understanding of SQL
- Proficient in Microsoft Word, Excel, PowerPoint and LaTeX
- MBA Finance or Bachelor/Master in Statistics, Engineering/Technology
- CFA, FRM, or CQF certification
What We Do
KPMG entities in India are established under the laws of India and are owned and managed (as the case may be) by established Indian professionals. Established in September 1993, the KPMG entities have rapidly built a significant competitive presence in the country. Today we operate from offices across 14 cities including in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada. KPMG entities have a domestic client base of over 2700 companies. Our global approach to service delivery helps provide value-added services to clients. Our differentiation is derived from a rapid performance-based, industry-tailored and technology-enabled business advisory services delivered by some of the leading talented professionals in the country. KPMG professionals are grouped by industry focus and our clients are able to deal with industry professionals who speak their language. Our internal information technology and knowledge management systems enable the delivery of informed and timely business advice to clients.
