BA Credit Risk

OVERVIEW

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 156 countries and have 152,000 people working in member firms around the world.

KPMG in India, a professional services firm, is the India member firm of KPMG International and was established in September 1993. Our professionals leverage the global network of firms, providing detailed knowledge of local laws, regulations, markets and competition. KPMG in India provide services to over 4,500 clients, in India. KPMG has offices across India in Delhi, Chandigarh, Ahmedabad, Mumbai, Pune, Chennai, Bangalore, Kochi, Hyderabad and Kolkata. The India firm has access to more than 7,000 India and expatriate professionals, many of whom are internationally trained. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the India business environment.

KPMG Advisory professionals provide advice and assistance to enable companies, intermediaries and public sector bodies to mitigate risk, improve performance, and create value. KPMG firms provide a wide range of Risk Consulting, Management Consulting and Transactions & Restructuring services that can help clients respond to immediate needs as well as put in place the strategies for the longer term.

With increasing regulatory requirements, the need for greater transparency in operations, and disclosure norms, stakeholders require assurance beyond the traditional critique of numbers. Hence assurance is being increasingly required on industry issues, business risks and key business processes. The Governance, Risk & Compliance Services practice assists companies and public sector bodies to mitigate risk, improve performance and create value.

We assist our clients to effectively manage business and process risks by providing a full spectrum of corporate governance, risk management, and Compliance Services. These services are tailored to meet clients individual needs, and provide effective support to management in meeting the challenges and opportunities presented by today's complex business environment.

Our professionals provide the experience to help companies stay on track and deal with risks that could unhinge their business survival. Our services enable clients to effectively co-ordinate their key growth, quality and operational challenges and working in partnership with us, clients have the benefits of KPMG's experienced, objective, and industry-grounded viewpoints.

Business Analyst Wholesale Credit Risk

Location: Bangalore

Employment Type: Full-time

Role Summary

We are seeking a Business Analyst with strong expertise in wholesale credit risk to drive requirements, design, and delivery across risk transformation initiatives. The ideal candidate understands credit & lending lifecycles, credit risk modeling (PD/LGD/EAD), and regulatory frameworks (Basel III, CRR, PRA, EBA, ECB), and can translate complex risk and regulatory needs into pragmatic business and technology solutions.

Key Responsibilities

• Business Analysis & Requirements
• Lead discovery, process walkthroughs, requirements elicitation, and stakeholder alignment.
• Write clear BRDs/FRDs, user stories, acceptance criteria, and traceability matrices.
• Conduct as-is/to-be process mapping and gap analysis for credit risk processes.
• Wholesale Credit Risk & Modeling
• Partner with Risk, Finance, Credit, and Model Risk teams on PD/LGD/EAD data needs, governance, and usage.
• Support model lifecycle workflows: development, validation, approval, implementation, monitoring, and backtesting.
• Ensure clear articulation of model purpose, data lineage, and controls in line with policy.
• Regulatory & Policy Alignment
• Interpret requirements under Basel III/CRR, and local supervisor guidance (e.g., PRA/EBA/ECB) for credit risk capital, RWA, default definition, and IRB expectations.
• Translate regulatory texts into actionable controls, processes, reports, and documentation.
• Support regulatory reviews, audits, and remediation programs.
• Systems, Data & Controls
• Work with technology teams on credit risk rating systems, financial spreading tools, data sourcing, and integration.
• Define data quality rules, control points, reconciliation, lineage, and metadata standards.
• Specify and validate credit risk MI/BI and regulatory reporting requirements.
• Change, Delivery & Testing
• Drive backlog grooming, sprint planning, UAT planning/execution, and defect triage.
• Develop test scenarios, data sets, and sign-offs aligned to control & compliance needs.
• Track benefits, adoption, and operational readiness; contribute to playbooks and SOPs.

Required Qualifications & Experience

• 510 years of BA experience in wholesale credit risk within banking, consulting, or risk technology.
• Strong knowledge of credit & lending lifecycle, counterparty/obligor risk, collateral, limits, and exposure measures.
• Hands-on experience with credit risk rating systems, rating process governance, and financial spreading.
• Working knowledge of PD/LGD/EAD concepts, data structures, drivers, and usage in capital/RWA.
• Solid understanding of Basel III/CRR and supervisory expectations (PRA/EBA/ECB).
• Proficiency in requirements engineering, process design (e.g., BPMN), and data analysis (SQL/Excel).
• Experience producing business/functional specs, data dictionaries, and controls documentation.
• Excellent stakeholder management across Risk, Technology, Finance, and Operations.

Nice-to-Have (Preferred)

• Exposure to Automation / IT delivery (e.g., RPA, workflow tools, low-code/no-code, Python).
• Experience with model risk governance (MRM), SR 11-7 style expectations (or equivalent).
• Familiarity with Moodys/RiskCalc, S&P, SAS, Murex/KyRIBA, Oracle/SQL Server, or BI tools (Power BI/Tableau).
• Knowledge of IFRS 9, stress testing, and ICAAP concepts.
• Prior involvement in regulatory remediation or IRB applications/renewals.

Key Performance Indicators (KPIs)

• On-time delivery of agreed requirements, designs, and test sign-offs.
• Reduction in defects and control exceptions; improved data quality metrics.
• Positive stakeholder feedback; measurable adoption of new processes/systems.
• Successful regulatory/audit outcomes (no or minimal findings).

Education & Certifications

• Bachelors/Masters in Finance, Economics, Engineering, or related.
• Professional certifications a plus: FRM, PRM, CFA, BA/PM (CBAP, PMIPBA, CSPO).

Equal Opportunity

We are an equal opportunity employer and value diversity. All employment decisions are based on business needs, merit, and qualifications.