KPMG Canada Looking for Consultant and interns in derivatives valuation and Financial Risk Management, Montreal area. at Montreal, Quebec, Canada Full Time

At KPMG, you’ll join a team of diverse and dedicated problem solvers, connected by a common cause turning insight into opportunity for clients and communities around the world.

The Opportunity

In a context of sustained growth, the Financial Risk Management group within the Advisory practice is seeking a consultant / senior consultant specialized in the valuation of financial instruments for its Montreal office. The successful candidate will provide services in the field of valuation of over-the -counter (OTC) financial instruments and derivatives in support to the local audit teams for a diverse client base covering financial institutions and large corporations. The candidate will work closely with the practice management and the audit teams.

Our Financial Risk Management team is looking for full-time interns and consultants (4 to 6 months) starting from in our Montreal office. Possibility to have first a part-time period until January 1st, 2023 and full-time period after.

• Internship (part time or full time)
• From Sept/Oct 2023 to March/April 2024
• Possibility to convert the internship into a permanent role (Consultant) from April/May 2024.
• Internship flexibility
• Option 1 – Full time
• Option 2 – Part time until December 31st, 2023 and full time from January 2024.
• Full time consultant
• Start in April/May 2024.

What You Will Do

• Execute valuation engagements related to financial instruments and derivative contracts
• Perform quantitative work related to modeling or model validation
• Ensure the execution or sevral engagements simultaneously
• Produce detailed reports presenting the valuation opinion documenting the underlying approach, assumptions and market data
• Document the work according to the documentation templates required by the audit teams
• Work to deadlines that may be very tight and hard to meet, possibly leading to extended hours
• Progressively, the candidate could also work on other Financial Risk Management subjects (Market risk, credit risk, operational risk, investment)

What You Bring To The Role

• 0 to 3 years of relevant experience
• Master’s degree in finance or financial engineering or other related discipline
• Professional designation (CFA, FRM or PRM an asset)

• Experience and knowledge
• Valuation of derivatives and knowledge of capital markets in general
• Development of valuation methods for standard or exotic derivatives with complex cash flow structures
• Calculation of sensitivities (greeks)
• Programming (Python, Matlab, VBA or R)

• Related experience and knowledge an asset
• Market risk management (VaR) or counterparty risk management (XVA)
• Understanding of front, middle and back office environments, processes, systems and governance aspects
• P&L decomposition and attribution
• Accounting for derivatives and financial instruments, including hedge accounting

• Skills required for the position
• Excellent oral and written communication skills
• Thoroughness and ability to summarize
• Excellent time management skills and ability to meet tight deadlines
• Ability to perform well under pressure
• Analytical and problem-solving skills
• Sense of initiative and autonomy
• Ability to listen, understand issues and propose value-added solutions

Keys to your success

KPMG individuals Deliver Impact | Seek Growth | Inspire Trust and understand that a diverse workforce enables us to deepen relationships and strengthen our business.

Providing you with the support you need to be at your best

For more information about KPMG in Canada’s Benefits and well-being, click here.

Our Values, The KPMG Way

Integrity, we do what is right | Excellence, we never stop learning and improving | Courage, we think and act boldly | Together, we respect each other and draw strength from our differences | For Better, we do what matters

KPMG in Canada is a proud equal opportunities employer and we are committed to creating a respectful, inclusive and barrier-free workplace that allows all of our people to reach their full potential. A diverse workforce is key to our success and we believe in bringing your whole self to work. We welcome all qualified candidates to apply and hope you will choose KPMG in Canada as your employer of choice. For more information about Inclusion, Diversity & Equity in Recruitment, please click here.

If you have a question about accessible employment at KPMG, or to begin a confidential conversation about your individual accessibility or accommodation needs through the recruitment process, we encourage you to visit our accessibility page.