Descriptions
About KPMG In Malaysia's Financial Risk Management Department KPMG in Malaysia's Financial Risk Management (FRM) practice is a specialized function within the Risk Consulting division, providing comprehensive and forward-looking risk advisory services to financial institutions, corporates, regulators, and non-financial entities across Malaysia and the ASEAN region. The FRM team supports clients in managing increasingly complex regulatory expectations and risk challenges by offering a wide suite of services, including: . Credit Risk Management . Capital Adequacy & Basel Compliance . Market & Liquidity Risk . Enterprise & Operational Risk . Recovery Planning . Risk Framework & Policy Development . IFRS 9 Compliance & Model Development . Licensing Support (Digital Banking, E Money, NBFIs) . Target Operating Model (TOM) Design & Review Our advisory solutions are grounded in regulatory standards (e.g., BNM, Basel), accounting requirements (e.g., IFRS 9), and leading industry practices-helping clients remain resilient, compliant, and future ready. Why this Opportunity Stands Out . Multi‑disciplinary exposure: Work across credit, market, liquidity, operational, enterprise risk, and regulatory compliance-building a strong foundation in risk management. . Regulator-driven and high-impact work: Support engagements driven by BNM, Basel, IFRS9 and other frameworks that directly influence how institutions manage capital, liquidity, and risk. . Steep learning curve and technical development: Gain hands-on experience with modelling, risk analytics, regulatory reviews, and risk framework implementation. . Cross-industry and multi-country exposure: Opportunities to work with banks, fintechs, insurers, corporates, and financial regulators across Malaysia and ASEAN. . Pathway to specialization and certifications: Ideal environment for pursuing FRM, CFA, and other professional qualifications.
Responsibilities
What can you expect As an FRM Associate / Senior Associate, you will work alongside experienced consultants to support a diverse range of risk advisory engagements. You will gain exposure across multiple risk domains and develop deep technical and regulatory expertise. . Assist in developing and reviewing risk, regulatory, and compliance frameworks, policies, and procedures. . Conduct regulatory gap assessments, analyze guidelines (e.g., BNM, Basel), and prepare recommendations. . Support development and implementation of risk models (IRB models for capital, IFRS 9 ECL models, behavioral models, credit decisioning tools, stress testing frameworks). . Validate and review risk models for regulatory alignment and internal policy compliance. . Perform risk analytics, support design of risk processes, controls, and operating models. . Assist in advisory work involving market and liquidity risk, including IBOR transition, IRRBB, valuation matters, and liquidity management. . Conduct research on regulatory developments, industry insights, and risk trends. . Support project managers in producing reports, tools, dashboards, presentations, and client deliverables. . Work collaboratively across a dynamic team environment while gaining exposure to multiple risk areas. How will you make your mark You will make an impact by: . Bringing analytical rigor and curiosity to solve complex risk and regulatory challenges. . Delivering accurate analyses, clear documentation, and insightful recommendations. . Supporting the team with initiative, ownership, and a commitment to high quality. . Demonstrating strong communication and stakeholder engagement skills. . Contributing new ideas, research findings, and solution enhancements for the practice. . Becoming a trusted advisor to clients by developing strong technical and regulatory understanding. Your contribution will help organizations strengthen risk resilience, comply with regulatory expectations, and future proof their risk management capabilities.
Requirements
Who We're Looking For We seek versatile, analytical, and proactive individuals with a genuine interest in financial risk management, regulatory frameworks, and quantitative problem-solving. . Bachelor's or master's degree in economics, Finance, Accounting, Actuarial Science, Statistics, Financial Engineering, Computer Science, or other STEM-related disciplines. . Strong analytical and quantitative abilities familiarity with Python, R, SQL, SAS or other analytical tools is advantageous. . Excellent communication, writing, and presentation skills. . Versatile and curious, with willingness to learn across multiple risk domains. . Self-motivated and capable of working independently in a fast-paced consulting environment. . Knowledge or experience in risk management, regulatory compliance, audit, treasury, or banking is an advantage. . Understanding Basel II/III, BNM guidelines, or other regulatory frameworks (HKMA, MAS, APRA, OJK) is a plus. . Professional certifications (or pursuing) such as FRM, CFA, ACCA, CA are advantageous. . Experience guide: o Associate: 0-2 years o Senior Associate: 2-4 years What to Expect in the Selection Journey: We want you to feel empowered and informed throughout the process: . A Friendly Pre-Screening Call Our recruitment team will reach out for an initial chat - nothing intimidating, just a conversation to get to know you better. . Interview Stage If shortlisted, you'll be invited for an interview in one of the following formats: . Virtual interview . On-campus sessions in your university . Interview at the KPMG In Malaysia Office Make it Count, Make the Difference. Submit your application to KPMG In Malaysia's Financial Risk Management - All Hires role today - your journey starts here.
