Senior Consultant/Manager, Financial Risk Management, Derivatives Valuation and model validation

Overview:

At KPMG, you'll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.

In a context of sustained growth, the Financial Risk Management group within the Advisory practice is seeking a Consultant specialized in the valuation of financial instruments for its Montreal office. The successful candidate will provide services in the field of valuation of over-the-counter (OTC) financial instruments and derivatives in support to the local audit teams for a diverse client base covering financial institutions and large corporations. The candidate will work closely with the practice management and the audit teams.

Our Financial Risk Management team is looking for a full-time Consultant in our Montreal office.

What you will do:

• Execute valuation engagements related to financial instruments and derivative contracts
• Perform quantitative work related to modeling or model validation.
• Ensure the execution of several engagements simultaneously.
• Produce detailed reports presenting the valuation opinion documenting the underlying approach, assumptions, and market data
• Document the work according to the documentation templates
• Communicate the results to different stakeholders in a concise and clear way
• Work to deadlines that may be very tight and hard to meet, possibly leading to extended hours.
• Progressively, the candidate could also work on other Risk and Regulatory Advisory subjects (Market risk, counterparty credit risk, credit risk, investment)

What you bring to the role:

• 0 to 5 years of relevant experience
• Master's degree in finance or financial engineering, or any other related discipline
• Certifications (CFA, FRM or PRM are an asset)

• Experience and knowledge:

• Understanding of financial markets and derivatives valuation

• Understanding of practical issues related to the development of valuation methods for standard or exotic derivatives with complex cash flow structures
• Calculation of sensitivities (Greeks)
• Proficiency in programming (Python, Matlab, VBA, R or SAS)

• Other experience and knowledge considered an asset:

• Market risk management (VaR) or counterparty risk management (XVA)

• Understanding of the Front, Middle and Back office environment, including processes, systems, risks, limits, and controls
• Breakdown and attribution of P&L

• Skills required for the position:

• Demonstrate technical, analytical and problem-solving capabilities

• Excellent spoken and written communication skills
• Excellent ability to manage timelines and meet tight deadlines
• Ability to perform under pressure
• Demonstrate initiative and autonomy

The selected candidate must demonstrate excellent communication and presentation skills in English, with the ability to present complex strategic topics to a diverse range of stakeholders located in English-speaking regions of Canada, such as Ontario

Providing you with the support you need to be at your best

Our Values, The KPMG Way:

Integrity, we do what is right | Excellence, we never stop learning and improving | Courage, we think and act boldly | Together, we respect each other and draw strength from our differences | For Better, we do what matters

KPMG in Canada is a proud equal opportunities employer and we are committed to creating a respectful, inclusive and barrier-free workplace that allows all of our people to reach their full potential. A diverse workforce is key to our success and we believe in bringing your whole self to work. We welcome all qualified candidates to apply and hope you will choose KPMG in Canada as your employer of choice.

Adjustments and accommodations throughout the recruitment process

At KPMG, we are committed to fostering an inclusive recruitment process where all candidates can be themselves and excel. We aim to provide a positive experience and are prepared to offer adjustments or accommodations to help you perform at your best. Adjustments (informal requests), such as extra preparation time or the option for micro breaks during interviews, and accommodations (formal requests), such as accessible communication supports or technology aids, are tailored to individual needs and role requirements. You will have an opportunity to request an adjustment or accommodation at any point throughout the recruitment process. If you require support, please contact KPMG's Employee Relations Service team by calling

AI Usage

We embrace the use of artificial intelligence (AI) to enhance the candidate experience and streamline our recruitment processes. AI tools may help with organizing applications or surfacing relevant qualifications. However, no hiring decisions are made using AI. Every hiring decision is made by our hiring managers and recruitment professionals, who are equipped with training that empowers them to use these tools responsibly. AI technologies used in our recruitment process undergo detailed risk assessments, including security and privacy requirements, that align with KPMG's Trusted AI framework.

We believe technology should empower human judgment, not replace it. It's one of the many ways we're delivering on our vision of being a technology-first, people-driven firm.