KPMG Associate/Senior Associate, Credit Risk in New York, New York

Business Title: Associate/Senior Associate, Credit Risk

Requisition Number: 66476

Function: Advisory

Area of Interest: Risk Management

State: NY

City: New York

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 an Associate/Senior Associate in Financial Risk Management - Credit Risk for our KPMG Risk Consulting practice.

Responsibilities:

  • Review credit payments and whole loan documentation to verify accuracy

  • Compare loan documentation with data for accuracy using tools in Excel

  • Prepare client deliverables (agreed-upon procedures report) and working papers supporting our findings

  • Work on advisory and audit engagements related to financial instrument valuations and cash flow analysis of structured products and loan portfolios

  • Work on engagements related to collateralized loan obligations (CLO), collateralized debt obligation (CDO), mortgage backed securities (MBS), asset-backed securities (ABS)

  • Perform compliance testing related to client agreements with investment banks, issuers, regulators, government agencies, and investors

Additional Responsibilities for Senior Associate:

  • Meet engagement deadlines and budgets, as well as maintain compliance with internal risk policy requirements

  • Interact with clients and team members to achieve engagement objectives

  • Execute against engagement work programs developed by managers and directors

  • Participate in securitized transactions such as collateralized loan obligations, residential mortgage backed security, and asset backed security

Qualifications:

  • A minimum of one year of experience in financial services, preferably with experience in securitization or collateralized loan obligations (CLO)

  • Bachelor's degree, preferably in finance or accounting, from an accredited college/university

  • Strong attention to detail and the ability to multi-task many activities

  • Working knowledge of loan documentation preferred

  • Excellent verbal and written communication skills, with an emphasis on critical analytical and independent thinking, yet working within a team framework

  • Strong Microsoft excel and data management skills

  • Travel may be up to 80-100%

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

Additional Qualifications for Senior Associate:

  • A minimum of three years of related work experience

  • Strong working knowledge of finance, real estate capital markets is preferred

  • Demonstrated supervisory experience

  • Well-established understanding of business dynamics and operations

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: 15294