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KPMG Senior Associate, Modeling & Valuation-CECL in New York, New York

Senior Associate, Modeling & Valuation-CECL

Washington, District of Columbia

  1. Senior Associate, Modeling & Valuation-CECL

Requisition #: 45906

Practice Area: Advisory

Location: Los Angeles, CA; Washington, DC; New York, NY

Known 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 Risk & Compliance - Modeling & Valuations for ourpractice.


  • Interface between business and technology team, working on review, implementing, testing, and post implementation support of amortization, credit and loan accounting software application for financial instruments (loans, securities, and others)

  • Assist with interpreting technical accounting standards and develop business requirements, test planning and execution, and project management

  • Analyze and assess risk management activities related to investment portfolios, liquidity sources, accounting changes and new regulations, and financial application enhancements

  • 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, and accounting

  • Review operational risk management and internal control policies and procedures


  • A minimum of three years of experience in financial services, structured finance, mortgage banking, corporate finance, or consulting industry required

  • 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 U.S. GAAP CECL is a plus; Middle office, accounting and risk management skills with financial products and strong understanding of financial instruments is preferred

  • Experience in financial accounting application implementation, including requirements, testing, data transformation, and post implementation support preferred; prior advisory or accounting process re-design/ streamlining experience is preferred

  • Strong communication, writing, presentation, quantitative and analytical skills, proficient with using Excel, Access/SQL, and understanding or relational database required

  • 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 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 Benefits


KPMG 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).


  • 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.