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Senior Associate, Due Diligence for LendersChicago, IllinoisRequisition #: 42779Practice Area: AdvisoryLocation: Chicago, IL; Detroit, MI; Cincinnati, OH; Cleveland, OH; Columbus, OH; Milwaukee, WIKnown for being a great place to work and build a career, KPMG provides 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 Due Diligence for Lenders for ourpractice.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
Supervise a team of up to four associates in performing various tasks, including reviewing their analysis and schedules, and assisting in the composition, editing and review of due diligence reports, workpapers and other deliverables
Qualifications:
A minimum of two years 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, including potential trave
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, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. Thecontains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.Our BenefitsHealthKPMG offers a range of medical insurance options to meet your needs as well as prescription drug coverage, health care flexible spending accounts, and dependent day care flexible spending accounts.Personal Time Off (PTO)Up to 30 PTO Days per year (depending on job classification/level/years of service).Financial
401(k) and Pension Plans
Dependent Care Flexible Spending Account
Health Care Flexible Spending Account
Mortgage Assistance Program
HomeBenefits@Work Program
Hyatt Legal Plan
Benefits vary by employment status.
