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Director - Financial Risk Management

Date: Feb 23, 2021

Location: Riyadh, Saudi Arabia

Company: kpmgalfoza

Director - Financial Risk Management, Riyadh


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.


Whatever your background, you will be able to use the knowledge you already have and see it develop quickly. You can look forward to working with a wide range of businesses from multinationals to smaller, local companies and the opportunity to develop your management and leadership skills. With at least 1500 KPMG firms' professionals on an international assignment at any one time, there are also likely to be opportunities to work at an international level.


If you have more than five years' experience, you will almost certainly be looking for a senior position. We recruit at all levels — right up to Director — and value skills and experience gained in industry, the public sector, Non-Governmental Organizations and other professional services organizations. There are great opportunities for senior professionals in client-facing and business service areas, including the opportunity to work at a regional or global level. Browse our profiles to read about several people who have joined KPMG firms from elsewhere.


Whatever your reason is for wanting to look for a new job, joining Kingdom of Saudi Arabia’s largest Tax practice will be the best next step for your career.  


KPMG Al Fozan & Partners is currently seeking to hire an experienced Director for a permanent opportunity to work with our Risk Consulting function.

Job Role & Responsibilities:


  • Mange multiple Financial Risk Malmanagement (“FRM”) projects and ensure all engagements are planned and delivered within budget and on time
  • Own and implement initiatives around financial risks with focus on credit and market risk
  • Manage teams as well as senior client stakeholders and be responsible for delivering high quality results and generating effective and impactful solutions
  • Play a key role in the development of less experienced staff through mentoring, training and advising
  • Remain current on new developments in Risk advisory services capabilities and financial industry knowledge.
  • Build strong internal relationships within Advisory practice and across other services.
  • Identify possible opportunities and direct purist for new client opportunities
  • Keep abreast of domestic and international regulatory developments.


Skills & Experience:


  • Master and above, major in Financial Engineering / Financial mathematics / Applied mathematics / Mathematical statistics / Financial risk management / Econometrics and other related discipline. 
  • Minimum 10 years’ experience in banking, professional financial services advisory, or other risk management department in financial institutions.
  • Relevant professional qualifications such as CFA, FRM, PRM is required.
  • Good understanding of credit risk, market risk, Liquidity risk and practical experience in risk modelling
  • Very good knowledge of IFRS9 and Basel guidelines
  • Thorough understanding for PD, EAD, CCF and LGD model development and validation process
  • Strong analytical skills and good understating of Econometric models, tools and techniques used in risk management issues.
  • Knowledge and practical work experience with Quantitative analysis tool such as SAS, Python, R, Matlab, Excel-VBA.
  • Knowledge in assessing, designing and implementing models related to credit and market risk.
  • Exceptional interpersonal skills with a demonstrated ability to gain the confidence and respect of senior executives.
  • Strong ability to map client business requirements and convert the same to a viable business proposition
  • Willingness to take up challenges and are flexible in constantly changing environments, where your leadership skills can make the difference.
  • Strong project planning and organizing skills, with the ability to work effectively under pressure managing projects / deliverables.
  • Excellent business and technical writing and presentation skills with experience in developing training materials.
  • Proficiency in spoken and written English.
  • Demonstrate integrity, values, principles, and work ethic and lead by example.


Our Benefits:


KPMG Al Fozan & Partners provides several benefits which are as follows:

  • Health: KPMG offers medical insurance option to meet your needs through Premium Medical Care Coverage for employee & dependent family members.
  • Career Development & Trainings: KPMG always focus on the career pathing & training of its employees. It gives you a platform for unparalleled learning & development.
  • Personal Time Off: In KPMG, employees are entitled to take 25 days Annual leave & 11 days paid Holidays.
  • Money-Saving Benefit: KPMG offers several benefits, including Mobile Allowance, Schooling Allowance, Annual Air Tickets Allowance & Relocation Allowance.
  • Financial Matters: KPMG Al Fozan & Partners also provides Housing Allowance in Advance for regular employees to support their home financial matters.
  • Competitive Salaries & Free Tax Salary: KPMG offers competitive & tax-free salary.