Associate, Economic Valuation Services - Complex Securities | Multiple Locations Winter 2027

KPMG Financial Reporting View (FRV); Los Angeles (CA); On-site; USD 84,000 - 120,000; Full time

Job summary

KPMG LLP in Los Angeles seeks an Associate in the Economic and Valuation Services practice to perform valuations of complex financial instruments using advanced techniques and to present findings to managers, clients, auditors and regulators.

The role emphasizes model development, staying current with guidance, and contributing to training and go-to-market initiatives while leveraging tools such as AI, Alteryx, Power BI, Bloomberg, Fincad, Numerix, Matlab and Intex.

Qualifications

• Must be pursuing and have obtained by the start date or have completed the following degrees/majors in the past 12 months: an advanced (preferred) or Bachelors with a focus in Quantitative Finance, Financial Engineering, Mathematical Finance, Computational Finance, or equivalent program from an accredited college or university
• Preferred GPA of 3.0 or above
• Coursework or minor in information systems, software engineering, computer science or data and analytics preferred
• Familiarity with stochastic models used to value complex financial instruments within a risk-neutral framework and with financial instruments including fixed income securities, interest rate and equity derivatives
• Experience with valuation software tools (Bloomberg, Fincad, Numerix, Matlab and Intex) preferred
• Programming skills (VBA, C++, R and Python), excellent communication and presentation skills
• Strong in technical, business acumen, critical thinking and agility skills. Demonstrated ability to excel and drive strategic outcomes, coupled with a professional demeanor and a collaborative leadership approach, in a dynamic, evolving environment
• Demonstrated quality service mindset, strong technical aptitude, ability to learn and navigate technologies such as artificial intelligence (AI), Alteryx and Power BI, MS Office Applications including Excel, PowerPoint, Word and Outlook and apply emerging technologies to enhance tax processes and insights
• Excellent communication, time management and leadership skills, feedback oriented, and resourceful in delivering high quality work
• Must reside within a reasonably commutable distance to the office for this position and be able to travel to reasonably commutable work locations using own means of transportation, such as a personal vehicle or public transportation
• Ability to travel and/or work on-site at client premises as needed, at times with relatively short notice
• Authorization to work in the U.S. without the need for employment-based visa sponsorship now or in the future is preferred

Responsibilities

• Use advanced financial engineering/numerical, mathematical, econometric and statistical techniques, including Monte Carlo simulation and lattice models, to perform and review valuations of complex financial instruments including contingent consideration, put/call deal structures, stock compensation, warrants, financial derivatives (equity, interest rate, commodity, CPI, credit), embedded derivatives, debt, loans, fixed interest securities, insurance contracts, convertible notes and other hybrid instruments
• Effectively present / document / support complex securities valuations to various stakeholders, including managers, clients, auditors and regulators
• Develop, document and enhance models to be used by the complex securities practice to perform valuations
• Understand, research and stay-current with authoritative guidance and industry best practices in the context of valuations for financial reporting, tax and litigation purposes
• Contribute to the training of team members and go-to-market initiatives of the complex securities valuation practice
• Build capabilities in key technologies that enable tax professionals for client service delivery such as artificial intelligence (AI), Alteryx, Power BI, and more

Skills

Programming skills

Communication skills

Leadership

Time management

Education

Advanced degree in Quantitative Finance / Financial Engineering

Bachelor's degree with focus in Quantitative Finance

Tools

Bloomberg

Fincad

Numerix

Matlab

Intex

Job description

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 Valuation. Valuation professionals at KPMG provide clients robust and informed guidance on valuation matters across multiple sectors, deal stages and business needs. We determine fair (market) value of equity shares, assets or complex financial instruments for mergers and acquisitions, financial reporting, tax and other regulatory standards. Our engagements include providing pre and post deal Purchase Price Allocations (PPA), Impairment Testing, employee or management incentive scheme valuations and recurring fund valuations. As a member of our diverse team, you will help high-profile clients understand, analyze, and respond to complex business opportunities and challenges. You have the opportunity to develop your career through a range of multifaceted engagements, formal training, as well as informal mentoring. At KPMG, we put our culture and values front and center.

KPMG is currently seeking an Associate to join our Economic and Valuation Services practice.

Responsibilities

• Use advanced financial engineering/numerical, mathematical, econometric and statistical techniques, including Monte Carlo simulation and lattice models, to perform and review valuations of complex financial instruments including contingent consideration, put/call deal structures, stock compensation, warrants, financial derivatives (equity, interest rate, commodity, CPI, credit), embedded derivatives, debt, loans, fixed interest securities, insurance contracts, convertible notes and other hybrid instruments
• Effectively present / document / support complex securities valuations to various stakeholders, including managers, clients, auditors and regulators
• Develop, document and enhance models to be used by the complex securities practice to perform valuations
• Understand, research and stay-current with authoritative guidance and industry best practices in the context of valuations for financial reporting, tax and litigation purposes
• Contribute to the training of team members and go-to-market initiatives of the complex securities valuation practice
• Build capabilities in key technologies that enable tax professionals for client service delivery such as artificial intelligence (AI), Alteryx, Power BI, and more

Qualifications

• Must be pursuing and have obtained by the start date or have completed the following degrees/majors in the past 12 months: an advanced (preferred) or Bachelors with a focus in Quantitative Finance, Financial Engineering, Mathematical Finance, Computational Finance, or equivalent program from an accredited college or university
• Preferred GPA of 3.0 or above
• Coursework or minor in information systems, software engineering, computer science or data and analytics preferred
• Familiarity with stochastic models used to value complex financial instruments within a risk-neutral framework and with financial instruments including fixed income securities, interest rate and equity derivatives
• Experience with valuation software tools (Bloomberg, Fincad, Numerix, Matlab and Intex) preferred
• Programming skills (VBA, C++, R and Python), excellent communication and presentation skills
• Strong in technical, business acumen, critical thinking and agility skills. Demonstrated ability to excel and drive strategic outcomes, coupled with a professional demeanor and a collaborative leadership approach, in a dynamic, evolving environment
• Demonstrated quality service mindset, strong technical aptitude, ability to learn and navigate technologies such as artificial intelligence (AI), Alteryx and Power BI, MS Office Applications including Excel, PowerPoint, Word and Outlook and apply emerging technologies to enhance tax processes and insights
• Excellent communication, time management and leadership skills, feedback oriented, and resourceful in delivering high quality work
• Must reside within a reasonably commutable distance to the office for this position and be able to travel to reasonably commutable work locations using own means of transportation, such as a personal vehicle or public transportation
• Ability to travel and/or work on-site at client premises as needed, at times with relatively short notice
• Authorization to work in the U.S. without the need for employment-based visa sponsorship now or in the future is preferred

KPMG LLP and its affiliates and subsidiaries (“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, KPMG 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 KPMG publishes a calendar of holidays to be observed during the year and provides eligible employees two 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.

California Salary Range: $84000 - $120000

KPMG offers a comprehensive compensation and benefits package. KPMG is an 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 and local laws. The attached link contains further information regarding KPMG's compliance with federal, state and local recruitment and hiring laws.

No phone calls or agencies please.

KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them.

Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.