Structured Finance Intern Summer 2027

KPMG LLP; Chicago (IL); On-site; USD 28,000 - 41,000; Full time

Job summary

KPMG LLP in Chicago is seeking a Structured Finance Intern to join our team, assisting with securitization engagements, transaction reporting, collateral and cash flow analysis, and data validation using Excel-based templates.

The role targets students pursuing accounting, finance, or related fields, with a Summer 2027 start and in-person work about three days per week at a KPMG office or client site; some travel may be required.

Qualifications

• Must be enrolled in college or university with degree progress and CPA eligibility requirements.
• Preferred GPA of 3.0 or above.
• Data management skills and MS Office proficiency (Excel, PowerPoint, Word, Outlook).
• Knowledge of VBA, Python, Alteryx or Tableau is a plus.
• Strong communication, organization and relationship-building abilities.

Responsibilities

• Support securitization and structured finance engagements with reporting, collateral and cash flow analysis.
• Coordinate with trustees, servicers, underwriters and legal teams to ensure accuracy and timeliness.
• Review loan files and validate data elements against source documents.
• Develop and maintain Excel-based transaction models and templates.
• Assist with monthly/quarterly securitization reporting and regulatory preparation.
• Maintain organized workpapers per firm standards.

Skills

Analytical thinking

Communication skills

Teamwork

Problem solving

Attention to detail

Education

Accounting

Finance

Financial Engineering

Data Analytics

Tools

MS Office (Excel, PowerPoint, Word, Outlook)

VBA

Python

Alteryx

Tableau

Job description

Career Level Requirement

Early Career

If you are currently pursuing college coursework or have completed a bachelor’s degree or higher in the past 12 months. If it has been more than 12 months since you have graduated from an undergraduate or graduate degree program you should explore experienced career opportunities at KPMG Careers: Experienced Professionals.

KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. You are encouraged to apply expeditiously to one role for which you are qualified and is of the greatest interest. You are limited to a maximum of two active applications. Give serious thought to your location preference. We strongly recommend applying to the location where you want to build your life and career long-term.

Start Season & Year: Summer 2027

Earliest Graduation Date: Nov 2027

Latest Graduation Date: Jul 2028

At KPMG, we are not only keeping pace with the future of business; we are defining it. Harnessing the full power of AI and digital innovation, we deliver intelligent, data-driven solutions to help our clients navigate change and transform their competitive edge. Our people-first approach makes this possible. KPMG invests in continuous learning by providing the tools and training for you to thrive within a culture that fosters growth and collaboration, whether you're launching your career or bringing decades of experience. Join an inclusive team that inspires excellence, delivers meaningful impact, and empowers you to shape your own future.

KPMG is currently seeking a Structured Finance Intern to join our Structured Finance team.

Responsibilities

• Support securitization and structured finance engagements by assisting with transaction reporting, collateral and cash flow analysis, investor/remittance reporting and coordination with internal teams and external parties (trustees, servicers, underwriters, legal); help ensure accuracy, timeliness and compliance with transaction documents and applicable accounting/reporting standards
• Work on engagements related to securitization for 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)
• Review loan files (typically digital) to confirm and validate key data elements against source documents (borrower names, loan terms, dates, rates, payment schedule, collateral details and signatures)
• Develop, update and maintain transaction models and templates (Excel-based cash flow waterfalls, triggers, covenant tests)
• Assist with monthly/quarterly securitization payment and tax reporting processes, including data validation, tie-outs, variance analysis and regulatory reporting preparation
• Maintain organized workpapers in accordance with firm standards (version control, documentation, review notes)

Qualifications

• Must be enrolled in an accredited college or university and pursuing the following degrees/majors: Bachelor or Masters degree in Accounting, Finance, Financial Engineering, Mathematics, Economics, Statistics, Data Analytics, Business-Related major or Engineering
• Upon completion of this internship, candidates must have additional academic credits to complete before obtaining their degree and/or CPA eligibility requirements
• Preferred GPA of 3.0 or above
• 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
• 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
• Strong communication, organization and relationship-building skills, with the ability to apply professional judgment and skepticism, manage priorities across multiple tasks and deliver high-quality work in a professional services capacity
• Applicant 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; Structured Finance professionals are expected to work in-person at a KPMG office or client site on an average of three days per week; some client site locations may require travel and overnight/extended stay (varies by office)
• Applicant 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 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.

Follow this link to obtain salary ranges by city outside of CA:

https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=UTAAudSFI_8_24

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, or 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.