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Job Description
Career Opportunities at KPMG
Careers
Job Detail
Business Title:
Senior Associate, Consumer Credit Risk
Requisition Number:
20541
Function:
Advisory
Area of Interest:
Credit Risk
State:
Pennsylvania
City:
Philadelphia
Description:
Do you have a passion for solving complex business problems? KPMG’s Advisory Services Practice focuses on fundamental business issues — managing risk, increasing revenues, controlling costs — that organizations, across various industries, should address in order to help them flourish. We are currently seeking a Manager or Senior Manager to join us in our Chicago office.
Financial Risk Management (FRM) professionals help management and boards of directors to identify, measure, and monitor financial and business risks, the relationships between risks and returns, and the control environment over the management and reporting of these risks. In the very complex world of financial instruments, FRM professionals have assisted in valuation approaches, stress testing, model development and risk rating, and measurement approaches to help management leverage the leading practices in risk identification and measurement.
Responsibilities for both positions: • Assist both audit and advisory clients in evaluating consumer loan portfolio risk assessment models • Assist clients in developing loan portfolio stress testing models using economic variables • Assist clients in developing consumer credit loss forecasting methodologies • Evaluate analytical models and methodologies used in consumer credit lending, account management and collections
Additional Responsibilities for Senior Associate: • Develop consumer loan portfolio risk assessment models • Develop loan portfolio stress testing models using economic variables • Develop consumer credit loss forecasting methodologies • Participate in the proposal process for potential engagements • Serve as mentor to Associates and new hires
Qualifications for both positions: • Undergraduate degree in Mathematics, Statistics, Engineering, Operations Research, or • Physics from an accredited college/university or graduate degree in Mathematics, Statistics, Engineering, Operations Research, or Physics from an accredited college/university • Direct experience in practical application of mathematical modeling to solve business problems in forecasting loan performance, the application of loan decisioning systems and building credit score cards • Willing and able to travel extensively • Team player and self starter • Exposure to or awareness of consumer lending • One year of work experience • Experience in the application of econometric modeling, and other business analysis tools Familiarity with multinomial logit modeling or other comparable applications
Additional qualifications for Senior Associate: • Advanced quantitative Degree (PhD, Masters) in Engineering, Operations Research, Physics, Mathematics, or Statistics from an accredited college/university • Three years of experience • Experience in the application of underwriting and behavior scoring models, prepayment and loan account attrition models, loss forecasting, economic risk analysis, and other business analysis tools used in consumer and small business lending • Knowledge of Champion Challenge modeling and testing methodologies • Familiarity with underwriting score cards, behavior score cards, testing sets, and response modeling
KPMG offers and supports flexible work arrangements as well as part-time schedules. We also offer a comprehensive compensation and benefits package.
Interested? We strongly encourage you to apply online at www.kpmgcareers.com and search for requisition 20541 or click the job link below.
Employment with KPMG is "At Will," which means that employment may be terminated with or without cause and with or without notice at any time at the discretion of either KPMG or the employee.
KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International. KPMG International’s member firms have 137,000 professionals, including more than 7,600 partners, in 144 countries.
In a global marketplace distinguished by remarkable growth and consolidation, companies face a host of new challenges in today's economy. KPMG helps clients successfully respond to changing opportunities by providing professional services, wherever and whenever they're needed. We are part of a global network of firms, connected through three operating regions, bringing together our local and national resources with greater flexibility, responsiveness and consistency of service delivery worldwide.
Our purpose is to turn knowledge into value for the benefit of our clients, our people, and the capital markets. Our member firms aim to provide clients with a globally consistent set of multidisciplinary financial and accounting services, based on deep industry knowledge.
KPMG plays an important role in the capital markets, and are highly active in supporting positive reform within our industry to strengthen credibility and confidence. We believe corporate social responsibility is at the heart of all great organizations, and are committed to making a real difference to the communities in which we operate.
We value diversity and champion it at the highest level, through our highest ranks of leadership. Diversity makes us a more vibrant, interesting place to work, and gives us one of the most genuinely inclusive workforces you will find anywhere. It also makes us more responsive as an organization, helping us better understand and serve clients. In fact, the diversity of our people and the diversity of thought and skills that this brings is central to our culture and way of working. KPMG is a great place to build your career.
