Senior Manager Financial Risk Management (Banking)

As a Senior Manager in Financial Risk Management at KPMG, you'll oversee a variety of critical responsibilities. You'll manage complex projects, ensuring high-quality delivery to clients by utilizing your extensive knowledge in financial regulations and risk management. Your role will involve developing, validating, and auditing models and translating intricate concepts into accessible language for clients. Additionally, you will lead and mentor a skilled team while advising clients across the financial services sector. Your ability to switch between project management roles, maintain strong client relationships, and ensure compliance with banking regulations like CRR, CRD, and Basel will be essential to your success.

To qualify for the Senior Manager Financial Risk Management role at KPMG, candidates should hold an MSc. degree in fields such as economics, finance, econometrics, or mathematics. At least 8 years of relevant work experience in financial services or consultancy is also expected. Proficient knowledge of banking regulations and the ability to lead complex projects are critical. Strong communication skills in both English and Dutch are necessary, as well as a compelling motivation letter to accompany your application, demonstrating your passion for the role.

At KPMG, the work environment is both informal and professional, fostering collaboration among a young and international team. In the office located in Amstelveen, you'll experience a culture that values trust and continuous learning. Flexibility is emphasized with the option to work hybrid, allowing you to balance working from home with office life. KPMG also encourages employee well-being through various health initiatives and offers a range of social activities, ensuring a supportive and engaging atmosphere for all staff members.

KPMG is deeply committed to the professional growth of its employees, especially Senior Managers in Financial Risk Management. You’ll be provided with access to a variety of courses tailored to enhance your expertise and career trajectory. With a focus on diversity and inclusion, KPMG also offers networks in different areas that host events and activities aimed at celebrating uniqueness within the workplace. This robust support for development ensures that you continue to grow in both your professional knowledge and personal skills.

Senior Managers at KPMG can look forward to a comprehensive benefits package that includes a competitive gross salary between €6,120 and €8,850, alongside profit sharing and fixed expense allowances. You’ll enjoy 30 vacation days, with the option to purchase or sell days as needed. Additional perks include a furnished home office setup, a lease car or mobility budget, and modern devices like a laptop and iPhone. KPMG also encourages a healthy work-life balance through discounts at gyms and health programs, highlighting their commitment to employee well-being.

When managing complex financial risk projects, I would start by delineating clear project objectives and milestones, ensuring all team members understand their roles. Regular check-ins and updates are vital for keeping the project on track. Additionally, I prioritize stakeholder engagement, allowing for collaborative decision-making, and emphasize data-driven methodologies for assessing risks. Ultimately, adaptability and strong communication are key to steering the project toward success.

To ensure compliance with banking regulations in my projects, I maintain up-to-date knowledge of relevant laws such as CRR, CRD, and Basel frameworks. I implement rigorous review processes and train my team to recognize compliance requirements at every project phase. Regular audits and adapting our models based on regulatory changes are essential steps, along with fostering an open dialogue with clients to address compliance issues proactively.

Certainly! I once led a project focused on assessing and mitigating credit risk for a major financial institution. I coordinated a multidisciplinary team and utilized advanced modeling techniques to identify weaknesses. We developed a robust risk mitigation plan that resulted in a significant decrease in default risks, earning praise from the client for our strategic insights and thoroughness. The project's success underscored the importance of teamwork and effective communication.

When communicating complex concepts to clients, I focus on breaking down the information into manageable parts. I employ simple analogies and visual aids to illustrate key points effectively. Moreover, I encourage client feedback to ensure their understanding and adapt my approach accordingly. This open dialogue not only clarifies information but also builds trust and rapport with clients.

Handling conflicts within a project team requires a calm and constructive approach. I initiate open discussions, allowing team members to express their feelings and viewpoints. Active listening and empathy are crucial to understanding different perspectives. I then work with the team to identify common goals and suggest compromises that align with our project's objectives. This approach fosters collaboration and enhances team cohesion.

My experience with model risk management includes developing and validating risk assessment models used for various financial services. I ensure these models comply with internal guidelines and external regulations. Throughout my career, I've refined my processes for identifying model limitations and conducting sensitivity analyses. Regular updates to the models based on new data and regulatory frameworks have been key to maintaining accuracy and relevance in our findings.

To stay current with financial regulations, I actively participate in industry seminars, workshops, and professional associations. I subscribe to relevant journals and newsletters focused on banking regulations. Networking with peers, attending webinars, and engaging in discussion forums also provide valuable insights. This proactive approach ensures that I remain informed about the latest changes in regulations and their implications for financial risk management.

My leadership style emphasizes collaboration and empowerment. I believe in building a culture where team members feel valued and their contributions acknowledged. I set clear expectations while allowing autonomy in how to achieve goals, encouraging team members to share their ideas and insights. By fostering a supportive environment, I ensure that everyone is motivated and committed to the project's success.

I am drawn to KPMG for its commitment to employee development and its collaborative culture. The opportunity to work with a diverse and talented team while tackling complex financial risk challenges excites me. I admire KPMG’s emphasis on trust and integrity, which aligns perfectly with my professional values. I believe that I can contribute significantly to KPMG's goals while continuing to grow in such an innovative environment.

In financial services project management, I employ a combination of Agile and traditional methodologies to remain flexible and responsive to changing requirements. Goals are clearly defined, and I use tools like Gantt charts for timeline visibility and progress tracking. Regular stakeholder meetings facilitate transparency and ensure alignment throughout the project lifecycle. Continuous evaluation and adaptation of strategies are essential for successful project outcomes.