KPMG Manager, Advisory - Credit Risk (Irvine, California) (Multiple Positions) in Irvine, California
Business Title: Manager, Advisory - Credit Risk (Irvine, California) (Multiple Positions)
Requisition Number: 65935
Area of Interest: Risk Management
Description: POSITION AVAILABLE - KPMG LLP
Manager, Advisory - Credit Risk (Irvine, California) (Multiple Positions)
Test accounting data integrity and sensitivity. Analyze structured debt instruments. Review and generate U.S. federal income tax forms and statements for collateralized debt obligations. Develop proprietary models to project assets and liabilities cash flows, in order to calculate taxable income generated by structured debt instruments. Verify and reconcile cash flows generated by proprietary models. Apply extensive stress scenarios to data to determine the volatility of asset and liability cash flows and investment returns. Generate mortgage backed securities (MBS) income accruals using a proprietary system. Research data variances, errors, accuracy of data inputs, and correctness of the components of debt instrument income output. Demonstrate in-depth technical knowledge of loan servicing operations, mortgage banking, and capital markets. Pursue business development opportunities. Establish and maintain client relationships and professional networks.
WORK SCHEDULE: 40 hours per week, M-F (9:00 a.m. - 5:00 p.m.)
Must have a Master's degree or foreign equivalent in Accounting, Finance, Business Administration, or a related field, and 2 years of related work experience; OR a Bachelor's degree or foreign equivalent in Accounting, Finance, Business Administration, or a related field, and 5 years of post-bachelor's, progressive related work experience. Must have active US CPA license. Out of the required experience, must have 2 years of experience with the following: Structured finance product taxation; U.S. Federal and International Tax principles, including debt instruments, original issue discount, market discount, and premiums; Applying knowledge of structured debt instruments including Collateralized Debt Obligation notes, preference shares, MBS principal bonds, interest only stripes, principle only stripes, inverse floaters, inverse IOs, and securities; Applying U.S. GAAP to prepare, review, and analyze financial statements; Developing proprietary models to project assets and liabilities cash flows; Verifying and reconciling cash flows generated by proprietary models; Computing and reviewing OID and market discounts; Preparing and reviewing PFIC reporting and form 5471; Testing data integrity and sensitivity; and Applying stress scenarios to data to determine asset and liability cash flows and investment returns. Travel up to 10% required. Employer will accept any suitable combination of education, training, or experience.
QUALIFIED APPLICANTS: Apply online at http://www.kpmg.apply2jobs.com and type requisition number 65935 in the keyword search box. Should you have any difficulty in applying for this position through our website, please contact: firstname.lastname@example.org for assistance in the application process.
If offered employment, must have legal right to work in the U.S. EOE.
KPMG offers a comprehensive compensation and benefits package.
No phone calls or agencies please.
KPMG, an equal opportunity employer/disability/veteran. KPMG maintains a drug-free workplace.
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