Associate/ Senior Associate, Modeling & Valuation-Modeling - Short Hills - job 745711


Date: 05/04/2021

City: Short Hills, New Jersey

Employment type: Full-time

Historically, the travel requirement for this position has ranged from 80-100%. The safety and well-being of our people continues to be the top priority, and our decisions around travel are informed by government COVID-19 response directives, recommendations from leading health authorities, and guidance from a number of infectious disease experts. For now, all KPMG business travel, international and domestic, is currently restricted to client-essential sales/delivery activity only. At some point in the future and with the safety of people as the critical factor, the travel requirement will likely increase, possibly to previous levels, but KPMG is committed to balancing client requirements with new delivery capabilities.

The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client demand, and looking forward we don't anticipate that slowing down. In this ever-changing market environment, our professionals must be adaptable and thrive in a collaborative, team-driven culture. At KPMG, our people are our number one priority. With a wealth of learning and career development opportunities, a world-class training facility and leading market tools, we make sure our people continue to grow both professionally and personally. If you're looking for a firm with a strong team connection where you can be your whole self, have an impact, advance your skills, deepen your experiences, and have the flexibility and access to constantly find new areas of inspiration and expand your capabilities, then consider a career in Advisory.

KPMG is currently seeking an Associate/ Senior Associate in Risk & Compliance - Modeling & Valuations for our Consulting practice.


  • Assist financial services clients to assess and comply with banking and other applicable regulations, such as Dodd-Frank Act Stress Testing (DFAST), Comprehensive Capital Analysis and Review (CCAR), Basel III and Dodd-Frank Act, as well as understand the evolving regulatory landscape

  • Provide technical knowledge with respect to the application of complex regulatory requirements involving data processing, data storage, and data visualization; deliver on predictive modeling engagements involving the use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes

  • Support validation and/or audit of financial and econometric models used to assess risk; develop and enhance key stress testing models, including credit loss forecasting, operational loss forecasting, and PPNR forecasting (Balance Sheet and Income Statement)

  • Leverage technologies, analytics, and data sources to solve a myriad of capital management business issues

  • Optimize regulatory demands with strategic planning, budgeting, and forecasting processes and a volatile business, economic and compliance environment

  • Provide treasury assessment and identify the gaps relative to industry practices; assist clients with funds transfer pricing given changes in regulatory requirements and market dynamics

Additional Responsibilities for Senior Associate:

  • Supervise associates and related staff on engagements

  • Serve as a liaison between clients and upper management

  • Identify and communicate technical matters to both clients and upper management


  • A minimum of one year of capital, liquidity, risk or experience with emphasis on financial risk management including preferred knowledge in the following areas: Asset Liability Management (ALM), operational/compliance risk, stress testing, Value-at-Risk (VaR), short term borrowing and investments processes, commercial & retail loan products, structured credit products

  • Bachelor's degree in finance, accounting, management information systems or a quantitative discipline or related field from an accredited college/university

  • Knowledge of operational risk and internal controls, valuation, risk management, governance and oversight processes, risk appetite, credit and capital management and risk analysis

  • Functional capabilities in beginner level database technology such as Access, SQLite, and My SQL; ability to write and interpret SQL queries

  • High competency level with programming software such as Python (preferred), R, SAS, VBA; familiarity with data visualization tools such as Qlikview, Tableau as well as web application front end (HTML, CSS, JavaScript) and back end (Ruby on Rails, Django, PHP, Flask) preferred

  • Strong written and verbal communication skills

  • Travel may be up to 80-100%

  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

Additional Qualifications for Senior Associate:

  • A minimum of three years of related work experience

  • Demonstrated supervisory experience; well-established understanding of business dynamics and operations

  • Ability to compile detailed reports and professional presentations for upper management and client executives

KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an affirmative action-equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.

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