Job
Description
As a professional at KPMG in India, you will be part of a team that offers services to national and international clients across various sectors. Your role will involve: - Proven experience in market risk, risk modeling, or model validation. - Assessing the conceptual soundness and methodology of models. - Developing tests to evaluate model methodology and assumptions. - Reviewing pricing models based on simulations or path dependent models. - Producing high-quality model validation reports, focusing on limitations, weaknesses, and assumptions. - Strong understanding of regulations and guidelines like SR 11-7 for model risk management. - Performing independent testing to ensure model robustness. - Documenting validation processes, findings, and recommendations in detailed reports. - Understanding financial instruments and market risk. - Being detail-oriented with strong problem-solving skills and a proactive approach to challenges. Qualifications required for this role: - Bachelor's degree in Mathematics, Statistics, Economics, Finance, Physics, or a related field. - Advanced degrees or certifications such as CFA, FRM, CQF are a plus. - Proven experience in model validation, quantitative analysis, or a similar role in the financial services industry. - Strong analytical skills and proficiency in statistical software/tools like Python, R, SAS. Additionally, KPMG entities in India were established in August 1993 and have offices in various cities across the country, including Ahmedabad, Bengaluru, Chennai, Mumbai, and others. They offer rapid, performance-based, industry-focused, and technology-enabled services to clients, leveraging a global network of firms and local market knowledge.,
