Risk Manager - Audit in Financial Sector

KRC | Audit | Germany FRC | Risk | Manager | Mumbai

Job details (Manager)

•Proposed designation –Manager•Role type – Full time•Reporting to Engagement Partner/Manager of the engagement•Geo to be supported – Primary Germany other European countries are possible, too•Work timings – Usual working times in India

As a highly motivated Assistant Manager, you will support our audit practice across the financial sector by investigating risk management processes and combine targeted experience, in-depth technical knowledge and a comprehensive understanding of regulatory requirements.

By doing so you will be joining our international team of diverse risk professionals in a highly collaborative and ever-changing environment auditing risk management functions. Our broad portfolio of clients opens the opportunity to gain insights into leading national and international financial institutions

Roles & responsibilities

·With your specialist knowledge you will evaluate the adequacy and effectiveness of the implemented risk management processes, methods and models.·You will check compliance with legal and regulatory requirements and support our clients in implementing risk management regulations.

This role is for you if you have  the below

Educational qualifications

·Bachelor's or Master's degree in Business Administration, Finance, Mathamatics, natural sciences or a related field.

Work experience

§The candidate must have 6+ years of experience in a client facing environment working . Experience or exposure to Big4 accounting firms is advantageous ·Deep understanding of core business models of banks and bank-specific products·Understanding of risk control/risk management processes in banks and companies in the financial sector·Experience with the processes and methods relating to risk inventory and strategy as well as risk-bearing capacity (incl. capital planning) and stress testing·Experience with at least 1-2 of the following:ØCredit risk controlling/management, especially limit systems and credit portfolio modellingØMarket risk controlling/management, e.g. the modelling of interest rate risk, credit spread risk, FX risk etc.ØLiquidity risk controlling/management, e.g. limit systems, liquidity stress scenarios, deposit modelling, intraday liquidity modellingØManagement of non-financial risks e.g. self-assessment processes, OpVaR modelling, reputational risk and/or risk cultureØControlling/management of other risks, e.g. ESG-risks, business risk etc.ØModel validation processes and/or model risk managementØRisk data aggregation and reporting processes (BCBS 239)·Ability to prepare insightful and precise work-done memorandums as well as audit reports adhering to regulatory standards under tight timelines·Knowledge of international regulatory risk frameworks, e.g. Basel framework, or EU regulation, such as CRR, ECB Guides, EBA Guidelines etc. (nice to have)

Experience Level

Mid Level