Risk Management Specialist

6 days ago


Millburn, New Jersey, United States KPMG-UnitedStates Full time
Job Title: Manager, Liquidity Risk

We are seeking a highly skilled Manager, Liquidity Risk to join our Advisory Services practice. As a key member of our team, you will be responsible for developing frameworks and methodologies to facilitate asset and liability management, funding and liquidity planning, and internal limit stress testing and capital management.

Key Responsibilities:
  • Design and implement processes to facilitate asset liability management, funding and liquidity planning, and stress testing and capital management
  • Review clients' processes and controls against leading liquidity practices and industry frameworks, identify gaps in design and execution, and communicate issues and recommendations to engagement leads and client management
  • Conduct testing and validating of the Liquidity Coverage Ratio (LCR), NSFR, Basel, Comprehensive Capital Analysis and Review (CCAR) Liquidity Coverage Ratio reporting, FR 2052a, and Liquidity Stress Testing
  • Build liquidity tools that enable our clients to efficiently utilize capital and liquidity resources, consistent with regulatory expectations
  • Plan and execute client engagements focusing on liquidity risk, liquidity regulatory reporting, internal liquidity stress testing, funds transfer pricing (FTP), and resolution and recovery planning
Additional Responsibilities for Director:
  • Engage in go-to-market and business development efforts, including the preparation of proposals for prospective clients and client presentations
  • Lead and support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals
  • Provide leadership and oversight to KPMG team members regarding deliverables, project plans, and performance
  • Serve as a leader in recruiting and retention efforts to develop the practice
Qualifications:
  • Minimum five years of recent experience working within a liquidity management and/or risk management function, preferably in the financial services industry
  • Minimum of a bachelor's degree from an accredited college/university; prefer a master's degree in the fields of business administration/management, economics, finance, mathematics, or statistics
  • Knowledge of liquidity management, including intraday liquidity management, cash management, cash flow forecasting, and funding planning; and knowledge of liquidity requirements under Reg YY, OCC bulletins, and Federal Reserve SR letters
  • Business process design, modeling, and automation, as well as related tools (bots, visualization)
  • Strong leadership and communication skills, technical knowledge, and the ability to write at a publication quality level to communicate findings and recommendations to clients and senior management team
  • Ability to travel as required
Additional Qualifications for Director:
  • Minimum eight years of recent related work experience within a liquidity management and/or risk management function with a well-established understanding of business dynamics and regulations
  • Progressive experience leading teams and managing projects, and the ability to manage a multi-disciplinary team
  • Excellent interpersonal skills with a demonstrated ability to gain the confidence and respect of various levels

KPMG is an affirmative action-equal opportunity employer. We comply 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, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state, or local laws.



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