KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

Job Description

The financial services landscape is evolving at an unprecedented pace of change and KPMG is at the heart of this change. At KPMG, you will work across a broad range of financial institutions, including private banks, commercial banks, digital banks, capital markets intermediaries, payment services providers, and fintechs. Our global network of experienced professionals offers tailored services to clients and provide deep industry knowledge, insightful opinions, and technology-enabled delivery to help improve processes, governance and strategy to address financial and operational risks and drive business performance. You will help financial institutions enhance performance, enable better decision-making and satisfy compliance demands by shaping their risk strategy, improving risk-adjusted performance and implementing pragmatic recommendations.

You would be expected to contribute in the following ways:

Being a key team player in helping our financial services, fintech and digital banking clients uplift their regulatory compliance processes and controls, including development of regulatory policies and procedures and sharing of insights and best practices by leveraging the knowledge base and capabilities of our Global Fintech network
Working with financial institutions on regulatory compliance matters such as advising on regulatory definitions and interpretations, performing quality reviews of existing risk processes and controls and developing relevant regulatory risk processes and controls to help manage the institutions regulatory obligations
Collaborate with clients to identify potential growth opportunities and establish new business lines in Singapore (e.g., review business plans and licence applications, review new products or services, define new target operating models, re-design current processes etc.)
Working with our Solutions team on ideation and development of regulatory tools to enable our clients manage their regulatory risks efficiently
Performing valuations of derivative positions for our banking, financial institution, and corporate clients
Conduct reviews and analysis of financial risks in various banking, treasury, and trading organisations
Developing and validating financial risk models using necessary statistical methodologies with the use of relevant analytical solutions.
Assessing of market data
Working with large financial institutions to design and implement solutions that digitize internal risk and compliance procedures using various technologies like RPA, machine learning, natural language processing
Supporting business development initiatives, including preparation and presentation of proposals
Working with project leads to help manage client stakeholders, project delivery timelines and delivery quality.

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Experience And Skills Required

Bachelor's or Master's degree in Accountancy, Banking and Finance, or a quantitative discipline (engineering, statistics, quantitative finance, applied mathematics, theoretical physics, financial engineering, etc.). Professional qualification in CFA/FRM would be a plus
Ability to work across KPMG and our clients at different levels in the organisation and with people from different cultures. KPMG is a globally minded organisation.
Exceptional analytical, problem solving and presentation/report writing skills, combined with a good understanding of business dynamics and commercial value drivers
Familiar with financial risk management (market risk, credit risk, operational risk, liquidity risk, etc.) concepts. An understanding of derivatives and financial instruments is required
Familiar with the key operations of a banking institution, capital markets intermediary and/or payment services provider.
Programming for quantitative analysis and data mining (e.g., using Excel, VBA, MatLab, C/C++, Python, R, SAS, or other risk software language)

Only shortlisted candidates will be contacted by KPMG Talent Acquisition team, personal data collected will be used for recruitment purposes only.

At KPMG in Singapore we are committed to creating a diverse and inclusive workplace. We believe that diversity of thought, background and experience strengthens relationships and delivers meaningful benefits to our people, our clients and communities. As an equal opportunity employer, all qualified applicants will receive consideration for employment regardless of age, race, gender identity or expression, colour, marital status, religion, sexual orientation, disability, or other non-merit factors. We celebrate the different talents that our people bring and support every staff member in their journey to achieve personal and professional growth. One of the ways we do this is through Take Charge: Flexi-work, our flexible working framework which enables agile and innovative teams to help deliver our business goals.

Consulting, Risk & Regulatory Advisory - Graduate Associate