Advisory Intern, Deal Advisory - Capital Solutions | Multiple Locations, Summer 2024
KPMG
**Business Title:** Advisory Intern, Deal Advisory - Capital Solutions | Multiple Locations, Summer 2024
**Requisition Number:** 107201 - 32
**Function:** Advisory
**Area of Interest:** Campus
**State:** IL
**City:** Chicago
**Description:**
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 are 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 Advisory Intern for our Due Diligence for Lenders group in the Capital Solutions practice in Deal Advisory and Strategy.
Responsibilities:
+ Perform due diligence reviews and provide financial due diligence assistance related to financing and securitization transactions advisory engagements, to Fortune 100 companies, private equity owned companies and securitization issuers
+ Analyze target company and/or client data to identify key financial performance and operating trends and insights through primarily balance sheet financial statement analysis to assist lenders with their diligence of a borrower
+ Work on engagements related to agency multifamily-backed securities, commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLO), collateralized debt obligation (CDO), mortgage-backed securities (MBS) and asset-backed securities (ABS)
+ Perform substantive procedures on working capital accounts (accounts receivables, inventory, accounts payables and cash); develop cash flow models and securitization-related financial structures; prepare collateral stratification tables for various ABS assets
+ Assist with designing, creating and composing client tailored transaction advisory reports specific to key engagement and/or financing issues and analyses of operating trends; prepare client deliverables and working papers supporting findings for financial risk management and audit engagements related to financial instrument valuations and cash flow analysis of fixed income, structured products, technical accounting applications and whole loan portfolios
+ Perform compliance testing related to client agreements with investment banks, issuers, regulators, government agencies and investors
+ Stay up-to-date on the typical structured debt instruments and research federal and international income tax issues related to debt instruments and tax principles impacting ABS and MBS; generate U.S. federal income tax forms and statements for ABS and MBS and for offshore issuers and assist with project planning, development of deliverables and the supporting working papers
Qualifications:
+ Must be enrolled in an accredited college or university and pursuing the following degrees/majors in the past 12 months: a Bachelor or Masters degree in Accounting, Finance, Engineering, Financial Engineering, Mathematics, Economics, Statistics, MIS, Data Analytics, or Business-Related major
+ Must have a current/most recent cumulative GPA of 3.00 or above
+ Strong technical aptitude and critical thinking skills, demonstrated quality service mindset, data management skills and ability to navigate MS Office applications, including Excel, PowerPoint, Word and Outlook
+ Knowledge of visual basic for applications (VBA), Python, Alteryx or Tableau preferred
+ Ability to document and present financial analysis and tax issues as applicable
+ Excellent communication, time management and leadership skills; flexible and adaptable team player; and resourceful in delivering high quality work
+ Work location may be in the office, at client sites, or virtual/remote depending on business need. You must be located within the U.S. when working remotely. Client site locations may require travel and overnight/extended stay
+ 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)
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, the firm 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 your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide 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 (https://www.kpmguscareers.com/why-kpmg/#benefits) '.
Follow this link to obtain salary ranges by city outside of CA:
https://www.kpmg.us/work-for-kpmg/pay-transparency.html/?id=UTAADVC12-8
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, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link ( https://assets.kpmg.com/content/dam/kpmg/us/pdf/2018/09/eeo.pdf) contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.
KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites or KPMG events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site).
**GL:** 6
**GF:** 15313
Posted: 2023-09-18 Expires: 2023-10-23