KPMG INDIA- Climate Risk- Consultant & Assistant Manager

KPMG India is seeking a Climate Risk Consultant & Assistant Manager in Bengaluru. The role involves Model Risk Management, understanding ESG and Climate Risk models, and integrating climate risk data into credit risk models. Candidates should have experience with climate datasets and model development/validation in banking. A degree in a quantitative field and strong analytical skills are required. This is a full-time position with growth opportunities and competitive benefits.
Job Title: Climate Risk

Function: Financial Risk Management

OVERVIEW

About KPMG in India

KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

Why Choose KPMG India
• Dynamic Work Environment : Be a part of an innovative team that values creativity and fresh ideas. ????‍????
• Growth Opportunities : We provide excellent training, mentorship, and career advancement.????
• Attractive Benefits : Competitive salaries, health insurance, and more!????️

Role and Responsibilities
• Should have prior experience in Model Risk Management (Model development/model validation) with GSIBs or Indian Banks
• Good understanding of ESG and Climate Risk models such as Climate Change simulation models, counterparty-level transition & financial models, nature hazard models, physical risk models, climate scenario models, emission pathway models
• Should have prior experience in climate related datasets such as Exiobase, S&P Trucost and climate scenarios such as NGFS, IEA, etc.
• Should have supported central data and modelling teams to source required data, develop climate scenario models, and determine how to best integrate climate risk data into BAU credit risk models.
• Candidate should have worked on Credit (retail or wholesale) model development/validation. Candidate should understand different banking portfolios such as Credit Cards, Mortgage, PIL, Corporate, NBFI etc. He/she should be able to develop/validate models used for different regulatory perspective such as FED, EBA, PRA, IFRS-9 regulations.
• Proven expertise in using statistical algorithms for solving diverse business challenges and creating significant business value.

Degree/ Qualified accountant/FRM with regulatory reporting background
• Master's / Bachelor's degree in mathematics/Statistics/Economic/Engineering/Computer Science/Management or any other quantitative fields of study
• Strong quantitative and analytical skills with attention to detail and accuracy
• SAS, Python, R
• Candidates with SCR certification or any other certification on climate risk will be preferred.

Good communication skills, analytical and presentation skills are mandatory for the above skill set

The opportunity is now! If you are interested in being part of a dynamic team, serving clients and reaching your full potential – KPMG Advisory Services is for you!