Senior Associate, Credit Specialist

KPMG LLP; New York (NY); On-site; USD 95,000 - 135,000; Full time

Job summary

KPMG LLP seeks a Senior Associate, Credit Specialist to join our Audit practice in New York. The role focuses on credit models and the credit specialist component of SEC-related audits, working closely with engagement teams to deliver high-quality work.

You will execute day-to-day credit accounting audit procedures, supervise associates (including offshore resources), and communicate issues and opportunities for efficiencies to Managers and Partners, while staying current on accounting

Qualifications

• Minimum two years of current and/or recent credit accounting and risk assessment experience or credit modeling experience
• Bachelor’s degree from an accredited college/university, preferably in a quantitative discipline
• Applied working knowledge of U.S. GAAP and accounting procedures, as applicable
• Knowledge of and experience with the application of statistical models to credit loss accounting concepts, including evaluation of model validation design and application
• Ability to meet challenging client requirements, demonstrated supervisory experience, along with strong communication, interpersonal, analytical skills, and research abilities
• Adhere to the firm’s values and code of conduct
• Ability and willingness to travel
• 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)

Responsibilities

• Execute the day-to-day activities of credit specialist component of audit engagements including SEC registrants and supporting the execution of a high-quality audit with a focus on credit models
• Identify and communicate potential issues and opportunities for efficiencies and process improvement to Managers and Partners
• Coordinate the day-to-day activities of engagement work and client interactions and ensuring efficient information flow from the client to the team
• Support the design and execution of an engagement’s credit accounting audit approach and procedures in accordance with relevant regulatory professional auditing and assurance standards, and appropriate firm guidance and KPMG methodology, as applicable
• Demonstrate a working knowledge and staying current on developments in accounting literature, including those specific to financial services, as applicable
• Supervise Associates and offshore resources on engagements and provide coaching, timely feedback, and review their documentation

Skills

Credit modeling

Credit accounting

Analytical skills

Communication skills

Supervisory experience

Interpersonal skills

Research abilities

Willingness to travel

US work authorization

Education

Bachelor's degree in quantitative discipline

Job description

KPMG is currently seeking a Senior Associate, Credit Specialistto join our Audit practice.

Responsibilities:

• Execute the day-to-day activities of credit specialist component of audit engagements including Securities and Exchange Commission (SEC) registrants and supporting the execution of a high-quality audit with a focus on credit models.
• Identify and communicate potential issues and opportunities for efficiencies and process improvement to Managers and Partners
• Coordinate the day-to-day activities of engagement work and client interactions and ensuring efficient information flow from the client to the team
• Support the design and execution of an engagement’s credit accounting audit approach and procedures in accordance with relevant regulatory professional auditing and assurance standards, and appropriate firm guidance and KPMG methodology, as applicable
• Demonstrate a working knowledge and staying current on developments in accounting literature, including those specific to financial services, as applicable
• Supervise Associates and offshore resources on engagements and provide coaching, timely feedback, and review their documentation

Qualifications:

• Minimum two years of current and/or recent credit accounting and risk assessment experience or credit modeling experience
• Bachelor’s degree from an accredited college/university, preferably in a quantitative discipline
• Applied working knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and accounting procedures, as applicable
• Knowledge of and experience with the application of statistical models to credit loss accounting concepts, including evaluation of model validation design and application
• Ability to meet challenging client requirements, demonstrated supervisory experience, along with strong communication, interpersonal, analytical skills, and research abilities
• Adhere to the firm’s values and code of conduct
• Ability and willingness to travel
• 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)