NEW Senior Associate, CECL, Credit Risk
CA - Los Angeles
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 Financial Risk Management - Credit Risk for our KPMG Risk Consulting practice.
Responsibilities:
- Analyze and assess risk management activities related to investment portfolios, liquidity sources, accounting changes and new regulations
- Assist with interpreting technical accounting standards and develop business requirements
- Review, validate, and develop financial cash flow models with prepayment and credit loss estimates for mortgages, credit cards, auto loans, student loans, leases, commercial and industrial loans, or guarantees
- Perform financial risk management advisory and audit engagement assistance related to financial instrument valuations and cash flow modeling
- Review operational risk management and internal control policies and procedures
Qualifications:
- A minimum of three years of experience in financial services, structured finance, mortgage banking, corporate finance, or consulting industry
- Bachelor’s degree in accounting or finance from an accredited college/university; ASA, ABV, CPA or CFA certification considered a plus
- Financial instrument accounting knowledge and experience including level yield amortization and impairment under expected cash flow approach and other applicable standards required, familiarity with IFRS 9 impairments and upcoming U.S. GAAP CECL is a plus
- Middle office, accounting and risk management skills with financial products and strong understanding of financial instruments
- Modeling and accounting information systems experience related to financial accounting implementation, including requirements, testing, data transformation, and post implementation support; prior advisory or finance project experience
- Strong communication, writing, presentation, quantitative and analytical skills with strong experience using Excel and SQL
- 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
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.
Requisition# 65736