Hiring | Market Risk & FRTB Model Validation – Consultant / Assistant Manager

We are hiring professionals with strong experience in Market Risk, FRTB, Model Validation / Model Development, and Derivative Pricing for an exciting opportunity with a leading professional services firm.
Location: Mumbai preferred
Gurgaon / Bangalore candidates can also be considered, provided they are open to travelling to Mumbai on a monthly basis as per business requirements.
Open Positions
Consultant: 2–4 years | (CA, MBA, PGD)
Assistant Manager: 4–6 years | (CA, MBA, PGD)
Key Responsibilities
- Develop and/or validate Market Risk & Pricing Models
- Work on FRTB (IMA), VaR, SVaR, RNIV, P2A
- Exposure to Counterparty Risk, XVA and Stress Testing Models
- Perform end-to-end Model Validation , including benchmarking, outcome analysis and impact assessment
- Conduct Model Risk Assessments , robustness analysis and identify model limitations
- Work on Derivative Pricing & Valuation Models covering vanilla and exotic instruments
- Prepare transparent, concise and reproducible Model Validation Reports




- Track and close model-related findings
- Provide SME support on Model Risk and Risk Models to global teams
- Ensure adherence to SR 11-7 / equivalent Model Risk Management frameworks

Required Skills
- Strong experience in Market Risk & FRTB Model Validation / Development
- Strong understanding of Financial Risk Management & Model Risk Governance
- Knowledge of Regulatory Expectations
- Python proficiency and working knowledge of SQL
- Strong documentation and communication skills
- Advanced knowledge of MS Excel, Word, PowerPoint and LaTeX
- Qualifications: CA / MBA Finance / PGD (Finance preferred)

⚡ Preferred Candidates
- Immediate Joiners / Serving Candidates / Notice Period ≤30 days
- Excellent communication skills
- Candidates who have not applied to KPMG in the last 6 months

Interview Process
2–3 rounds | Virtual + Final round may be Face-to-Face
Interested candidates: Please share your u

📌 Market Risk Analyst (India)
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📍 India