Credit Risk - Manager

Overview – KPMG Saudi Levant Cluster

KPMG has grown to become one of the largest professional service providers in the Saudi Levant Cluster having three lines of services: audit, tax, and advisory. Currently, KPMG’s Saudi Levant Cluster workforce is over 2,000. With ambitious growth objectives, we are continuously looking for talent various functions and levels.

KPMG operates through an experienced leadership with dedicated regional teams, which enables our network of professional talent, our technologies and our products and solutions to quickly come together to meet clients’ needs. Our company’s vision is to be recognized as a truly transformed firm, trusted by our people, our clients, and our society.

We value the fresh perspective that experienced professionals can bring. Whether you are currently working in industry, the public sector, a smaller firm, or another 'Big Four' organization, you can expect to make a difference from day one

Role & Responsibilities:

• Experience in working on IRB and/or IFRS 9 models.
• Experience in managing smaller teams to deliver on engagement milestones and timelines.
• Redevelop, recalibrate, validate, and support the implementation of IRB and IFRS 9 models for various banking and non-banking financial institutions' portfolios.
• Prepare and analyze data for model development, including data engineering, data integrity validation, data management, and data remediation.
• Develop models for PD, LGD, and EAD for IRB, and ECL for IFRS 9, and test model accuracy and effectiveness.
• Understand and adhere to IRB regulations, including BASEL Guidelines and SAMA requirements. Knowledge of guides to Internal Models (EU, UK, and UAE) and accounting standards as they relate to IFRS 9 models.
• Engage and collaborate with senior stakeholders to discuss technical and business matters.
• Manage and mentor a team of risk modeling professionals to ensure successful execution at each stage of model lifecycle management.
• Measure and report on the effectiveness of models, making recommendations for optimization and improvement.
• Invest in continuous learning on industry, regulatory, technology, and quantitative developments and trends, applying insights to drive innovation and client value.
  
  

Experience: 5–8 years

Additional Preferences:

• Experience and extensive knowledge of the Financial Sector in GCC:
• Banking: Corporate and retail loans, real estate financing, government bonds, and Shariah-compliant Islamic banking products, with a focus on sectors like construction, energy, and trade.
• Non-Banking: Auto loans, consumer finance, mortgage financing, leasing products, and Shariah-compliant financing solutions, primarily serving retail, SMEs, and real estate sectors.
• Master’s degree in mathematics, Statistics, or a related field. FRM / CFA or other risk and modelling related certifications are a plus.
• 7+ years of experience for Manager roles and 5+ years for Assistant Manager roles in IRB and IFRS 9 model development, with a proven track record of success and experience working across cross-functional teams.
• Ability to manage a team, deliver engagements, and engage with senior stakeholders.
• Strong leadership and management skills, with the ability to motivate and develop a team of risk modeling professionals.
• Excellent communication skills, both verbal and written.
• Strong analytical and problem-solving skills, with a solution-focused mindset.
• Ability to apply data insights to drive innovation and support robust decision-making.
• Proficiency in programming languages, including Python, R, SAS (macros), SQL, and Advanced Excel.
  
  

What we offer: -

KPMG supports equal opportunities for all prospected candidates. We commit to provide personal and professional development for all our employees. We operate in a friendly supportive environment. We respect each other and draw strength from our differences. We prioritize the employee well-being by adapting Pioneer ways for work live balance.