KPMG is one of the "Big Four" global professional services firms, providing a comprehensive range of audit, tax, and advisory services. Operating as a network of independent member firms in over 140 countries, the organization employs hundreds of thousands of professionals and serves major corporations, governments, and non-profits across diverse sectors including financial services, technology, and healthcare.

In Spain, KPMG maintains a robust presence with a network of offices in major economic hubs, making it a key player in the Spanish professional services market. The firm is a significant recruiter of international talent, particularly within its technology, cybersecurity, and digital transformation divisions, where English is frequently used. For international professionals, KPMG Spain offers structured career progression and a multicultural environment that facilitates integration into the local business landscape.

KPMG was formed in 1987 through the merger of Peat Marwick International and Klynveld Main Goerdeler. Its history dates back to the late 19th century through the founding work of its namesakes: Klynveld, Peat, Marwick, and Goerdeler.

For international professionals

KPMG Spain operates 16 offices across the country, providing opportunities in cities beyond just Madrid and Barcelona.
The firm has a strong focus on digital innovation, frequently hiring for specialized roles in AI, Cloud Infrastructure, and Data Analytics.
They offer structured 'Graduate' and 'Rocket' programs which are excellent entry points for international junior professionals.
English is often the primary working language for international client projects and technology-focused departments.
The company supports internal global mobility, making it easier for employees to transfer between international member firms.

Senior Financial Instruments Consultant - BCN

KPMG

This job was originally posted in Spanish and automatically translated to English. You'll most likely need Spanish to apply.

Job Description

Do you have experience in financial accounting, risk, or markets? Join the GIF team at KPMG, where you will lead consulting and auditing projects on financial instruments, collaborating with top-tier entities.

What will you do?

You will lead consulting projects or technical-accounting opinions on complex financial instruments:
- Technical review of hedging relationships linked to derivative instruments;
- Analysis of financial liability restructuring processes;
- Evaluation of financial asset derecognition;
- Supervision of share-based payment plans.
You will analyze complex structured transactions (asset mobilization), hedging strategies, financial derivatives (options, swaps, futures, forwards), as well as the impact of financial instruments on the fair value hierarchy.
You will provide expert support in credit risk audits, reviewing gross credit investment, collateral valuation, and the estimation of collective and individualized provisions.
You will carry out implementation projects for accounting and prudential regulations (IFRS 9, IFRS 13, New Definition of Default), adapting granting, monitoring, and accounting classification processes to new regulatory requirements.
You will execute the development of strategic credit risk plans, optimizing collateral, recovery, and internal control processes, and strengthening the governance framework.
You will design capital optimization strategies or relevant ratios in the banking sector, performing quantitative and qualitative analyses, sector benchmarking, and evaluating the impact on risk models and systems.
You will participate in accounting and regulatory consulting projects, including the application of IFRS 9, IFRS 13, PGC, Bank of Spain Circular 4/2017, and CRR/CRD IV.
You will supervise the preparation and validation of regulatory reports required by the supervisor, related to: reserved statements, intra-group financial operations, solvency, or individual annual accounts.
You will evaluate compliance with requirements linked to market risk (sensitivity analysis of financial instruments), liquidity risk (perimeter and metrics used), or operational risk (applied methodology or accounting optimization).

What are we looking for?

At least 2-3 years of experience in financial instrument accounting, risk management, or specialized auditing.
Technical mastery of applicable accounting and regulatory standards (IFRS 9, IFRS 13, PGC, BdE Circular 4/2017, Annex IX, CRR).
Ability to interpret and document complex transactions, including accounting hedges, securitizations, and structures with derivatives.
Advanced proficiency in Excel; experience with pricing tools and market data such as Bloomberg, Reuters, Murex, or Calypso will be valued.

What do we offer?

Participation in high-impact projects with leading financial entities and corporations with international exposure.
Opportunity for development and specialization within the technical area of financial instruments, risk, and regulation.
A collaborative, demanding environment oriented toward technical excellence, with access to continuous training and advanced methodologies.

View original advert (Spanish)

¿Tienes experiencia en contabilidad financiera, riesgos o mercados? Únete al equipo GIF de KPMG, donde liderarás proyectos de consultoría y auditoría en instrumentos financieros, colaborando con entidades de primer nivel.

¿Qué harás?

Liderarás proyectos de consultas u opiniones técnicas-contables sobre instrumentos financieros complejos:
- La revisión técnica de relaciones de cobertura vinculadas a instrumentos derivados;
- El análisis de procesos de reestructuración de pasivos financieros;
- La evaluación de baja de activos financieros;
- La supervisión de planes de compensación basados en instrumentos de capital.
Analizarás transacciones estructuradas complejas (movilización de activos), estrategias de cobertura, derivados financieros (opciones, swaps, futuros, forwards), así como el impacto de los instrumentos financieros en la jerarquía de valor razonable.
Proporcionarás soporte experto en auditorías de riesgo de crédito, revisando la inversión crediticia bruta, la valoración de garantías y la estimación de provisiones colectivas e individualizadas
Realizarás proyectos de implementación de normativa contable y prudencial (IFRS 9, NIIF 13, Nueva Definición de Default), adaptando procesos de concesión, seguimiento y clasificación contable a los nuevos requerimientos regulatorios.
Ejecutarás el desarrollo de planes estratégicos de riesgo de crédito, optimizando procesos de garantías, recuperaciones y control interno, y fortaleciendo el marco de gobierno.
Llevarás a cabo el diseño de estrategias de optimización de capital o ratios relevantes en el sector bancario, realizando análisis cuantitativos y cualitativos, benchmarking sectorial y evaluación del impacto en los modelos y sistemas de riesgo.
Participarás en proyectos de consultoría contable y regulatoria, incluyendo la aplicación de NIIF 9, NIIF 13, PGC, Circular 4/2017 del Banco de España y CRR/CRD IV.
Supervisarás la elaboración y validación de reportes regulatorios requeridos por el supervisor, relacionados con: estados reservados, operaciones intragrupo financieras, solvencia o cuentas anuales individuales.
Evaluarás el cumplimiento de requerimientos vinculados a riesgo de mercado (análisis de sensibilidad de instrumentos financieros), riesgo de liquidez (perímetro y métricas utilizadas) o riesgo operacional (metodología aplicada u optimización contable.

¿Qué buscamos?

Experiencia de al menos 2-3 años en contabilidad de instrumentos financieros, gestión de riesgos o auditoría especializada.
Dominio técnico de la normativa contable y regulatoria aplicable (NIIF 9, NIIF 13, PGC, Circular BdE 4/2017, Anejo IX, CRR).
Capacidad para interpretar y documentar transacciones complejas, incluidas coberturas contables, titulizaciones y estructuras con derivados.
Manejo avanzado de Excel, y se valorará experiencia en herramientas de pricing y datos de mercado como Bloomberg, Reuters, Murex o Calypso.

¿Qué ofrecemos?

Participación en proyectos de alto impacto con entidades financieras líderes y corporaciones con exposición internacional.
Oportunidad de desarrollo y especialización dentro del área técnica de instrumentos financieros, riesgos y regulación.
Un entorno colaborativo, exigente y orientado a la excelencia técnica, con acceso a formación continua y metodologías avanzadas.