KPMG is looking to hire three derivatives-conversant consultants to join its corporate treasury services practice in London. Dominic Bennett, senior manager in the corporate treasury services practice in London, said the individuals will advise U.K.-based treasurers on risk management techniques. He added the recruits "need to be knowledgeable about risk management but they don't need to be rocket scientists." This is because corporate treasurers are looking for simple solutions, such as options or forwards, rather than exotic products that are hard to understand and may bring accounting complications if they cannot be easily marked to market.
The recruits will replace professionals who have returned to corporate treasury positions over the last six months, Bennett explained. He added that it is common for corporate treasurers to become consultants for a couple of years before returning to industry.
