Associate / Senior Associate, Structured Finance

The KPMG Advisory practice is at the forefront of transformation, offering excellent opportunities to advance careers and expertise. We foster personal and professional development in an ever-changing market environment, requiring professionals to be adaptable and thrive in a collaborative, team-driven culture. At KPMG, people are our number one priority. With wealth in learning, career development opportunities, world-class training, and leading market tools, we help people grow both professionally and personally. If you are looking for a firm with a strong team connection where you can make an impact, advance skills, and expand capabilities, consider a career in Advisory.

KPMG is currently seeking an Associate or Senior Associate to join our Structured Finance practice.

Responsibilities

• Review credit payments and whole loan documentation to verify accuracy; prepare client deliverables (agreed-upon procedures report) and working papers supporting findings.
• Review, validate, and develop financial cash flow models including Mortgage-Backed Securities (MBS), Asset-Backed Securities (ABS), Collateralized Debt Obligations (CDO), Collateralized Loan Obligations (CLO), auction rate securities, residual assets, Mortgage-Servicing Assets (MSR), and Commercial Mortgage-Backed Securities (CMBS).
• Work with engagement teams performing due diligence procedures related to real estate securitizations of various securities collateralized by mortgages and leases on all types of CRE assets.
• Assist with compliance testing related to client agreements with investment banks, issuers, regulators, government agencies, and investors.
• Interact with clients and team members to achieve engagement objectives and execute against engagement work programs developed by managers and directors.

Additional Responsibilities for Senior Associate

• Assist with managing and staffing deal workflow to team members, creating and maintaining budgets, onboarding clients, and preparing various documentation and final deliverables internally and to clients.

Qualifications

General Qualifications

• Experience: Minimum one year of recent relevant experience in the financial services industry, structured finance, mortgage banking, corporate finance, trustee payment operations, rating agency, or advisory services; minimum four years of recent experience in fixed income analysis.
• Education: Bachelor's degree from an accredited college or university in an appropriate field.
• Skills: Strong current knowledge in one of the following: United States Generally Accepted Accounting Principles (US GAAP), International Financial Reporting Standards (IFRS), Securities and Exchange Commission (SEC) financial reporting issues, bankruptcies, business combinations, or financial restatements. Programming and modeling experience related to structured finance is highly preferred, particularly with Intex, Bloomberg, and/or iMake modeling tools.
• Demonstrated ability to connect with senior executives of leading organizations to generate new business relationships and projects.
• Willingness and ability to travel.
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. (KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity: no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT, or any other employment-based visa.)

Additional Qualifications for Senior Associate

• Experience: Minimum three years of recent relevant experience in the financial services industry, structured finance, mortgage banking, corporate finance, trustee payment operations, rating agency, or advisory services; minimum four years of recent experience in fixed income analysis.

Compensation and Employment Information

KPMG LLP and its affiliates and subsidiaries ("KPMG") complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications, and market considerations. In addition, KPMG is proud to offer a comprehensive, competitive benefits package with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year KPMG publishes a calendar of holidays to be observed during the year and provides eligible employees two breaks each year where employees will not be required to use Personal Time Off; one is at year-end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at Benefits & How We Work. Follow this link to obtain salary ranges by city outside of CA: https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=M118ADV_4_26.

KPMG offers a comprehensive compensation and benefits package. KPMG is an equal opportunity employer and complies with all applicable federal, state, and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state, or local laws. Further information regarding KPMG's compliance with federal, state, and local recruitment and hiring laws can be found at the attached link. No phone calls or agencies, please.

KPMG recruits on a rolling basis. Candidates are considered as they apply until the opportunity is filled and are encouraged to apply expeditiously to any role(s) for which they are qualified and interested.

Los Angeles County Applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position, including the duties listed above and the abilities to adhere to company policies, exercise sound judgment, effectively manage stress, work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.