Job Details

ID #30786815
State Illinois
City Chicago
Job type Full Time
Salary USD TBD TBD
Source KPMG
Showed 2022-01-09
Date 2022-01-07
Deadline 2022-03-08
Category Et cetera
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Associate, Due Diligence for Lenders

Illinois, Chicago, 60290 Chicago USA

Vacancy expired!

The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client demand, and looking forward we don't anticipate that slowing down. In this ever-changing market environment, our professionals must be adaptable and thrive in a collaborative, team-driven culture. At KPMG, our people are our number one priority. With a wealth of learning and career development opportunities, a world-class training facility and leading market tools, we make sure our people continue to grow both professionally and personally. If you're looking for a firm with a strong team connection where you can be your whole self, have an impact, advance your skills, deepen your experiences, and have the flexibility and access to constantly find new areas of inspiration and expand your capabilities, then consider a career in Advisory.

KPMG is currently seeking an 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

Qualifications:

  • One year of 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
  • Willingness and ability to travel
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an affirmative action-equal opportunity employer. KPMG 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, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.

At KPMG, any partner or employee must be fully vaccinated or test negative for COVID-19 in order to go to any KPMG office, client site or KPMG event. In some circumstances, individuals who are not fully vaccinated may also be required to have a reasonable accommodation to not be fully vaccinated for COVID-19.

Vacancy expired!

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