Senior Associate, Liquidity Risk

The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client demand, and looking forward we dont 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 youre 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 a Senior Associate to join our Advisory Services practice.

Responsibilities :

Develop frameworks and methodologies to facilitate asset and liability management, funding and liquidity planning and internal limit stress testing and capital management

• Provide clients with gap assessments as well as design and implementation of 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 Additional Responsibilities for Senior Associate:
• 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 by supervising and mentoring associates, new hires and interns on engagements
• Engage in go-to-market and business development efforts, including the preparation of proposals for prospective clients and client presentations
• Accountable for project management and administration including contracting and budget management as well as supporting the practice by helping to build assessment tools
  
  

Qualifications for Associate::

• Minimum one year of recent experience working within a liquidity management and/or risk management function for associate role
• Bachelors degree from an accredited college/university or equivalent work experience, Masters degree preferred in the fields of study business administration/management, Economics, Finance, Mathematics, Statistics
• Preferred knowledge / skills within the areas of Financial Services products and services (e.g. Retail Banking, Commercial Banking, Capital Markets); Macroeconomic and regulatory environment as they relate to financial institutions
• Knowledge of business process design, modeling and automation as well as related tools (e.g., bots, visualization)
• Ability to travel as needed
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
  
  

Additional Qualifications for Senior Associate:

• Minimum three years of recent experience within a liquidity management and/or risk management function; demonstrated experience in project/engagement management including supervising teams, project management skills planning, tracking and administrating the engagements; 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
• Strong leadership and communication skills, technical knowledge, and the ability to write at a publication quality level in order to communicate findings and recommendations to the clients and senior management team
• Well-established understanding of business dynamics and regulations
  
  

KPMG complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, the firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at “Benefits & How We Work”.

Follow this link to obtain salary ranges by city outside of CA:

https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=M111_4_25

KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an 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, 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. 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.

KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites or KPMG events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site).

KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them.

Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.