KPMG Senior Associate, Due Diligence for Lenders in Chicago, Illinois

Business Title: Senior Associate, Due Diligence for Lenders

Requisition Number: 66470

Function: Advisory

Area of Interest: Audit, Financial Due Diligence

State: IL

City: Chicago

Description:

The fastest growing Big Four professional services firm in the U.S., KPMG is known for being a great place to work and build a career. We provide audit, tax and advisory services for organizations in today's most important industries. Our growth is driven by delivering real results for our clients. It's also enabled by our culture, which encourages individual development, embraces an inclusive environment, rewards innovative excellence and supports our communities. With qualities like those, it's no wonder we're consistently ranked among the best companies to work for by Fortune Magazine, Consulting Magazine, Working Mother Magazine, Diversity Inc. and others. If you're as passionate about your future as we are, join our team.

KPMG is currently seeking a Senior Associate in Due Diligence for Lenders for our Deal Advisory practice.

Responsibilities:

  • Provide lender due diligence services and Regulation AB compliance services to banks and lending institutions on domestic and international transactions involving asset-based lending and asset-backed securities in accordance with Standards for Attestation Engagements (SAE) and U.S. Generally Accepted Auditing Standards (GAAS)

  • Provide financial, accounting, commercial, and operational due diligence services to clients while evaluating loan opportunities and providing advice on existing or potential financing transactions

  • Perform and supervise substantive testing procedures of transactions including the receipt of customer and borrower payments, sales transactions and material purchases

  • Analyze potential collateral assets and offsets to assist the lender in defining eligibility criteria for asset based and asset backed loans and securitizations

  • Create tailored due diligence for lenders reports specific to key issues relevant to the transaction, highlighting potential liabilities, risks and other findings

  • Supervise a team of up to four associates in performing various tasks, including reviewing their analysis and schedules, and assisting in the composition, editing and review of due diligence reports, workpapers and other deliverables

Qualifications:

  • A minimum of three years experience with a top 10 public accounting firm in one of the following areas: accounting, advisory, financial audit, or transaction; Bachelor's degree in accounting or finance from an accredited college/university

  • Strong current knowledge in one of the following: U.S. Generally Accepted Accounting Principles (GAAP), Securities and Exchange Commission (SEC) financial reporting issues, mergers and acquisitions, or transaction services

  • Experience with current audit and accounting concepts as well as SEC filings such as 1933 and 1934 Act filings

  • Working knowledge of inventory costing and auditing procedures and/or familiarity with SEC reporting and servicing standards for asset backed securities

  • Travel may be up to 80-100% domestically and internationally, with limited notice

  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

KPMG offers a comprehensive compensation and benefits package. KPMG, an equal opportunity employer/disability/veteran. KPMG maintains a drug-free workplace. KPMG will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable local, state or federal law (including San Francisco Ordinance number 131192). No phone calls or agencies please.

GL: 5

GF: 15295