CASY-MSCCN Jobs

Business Title: Manager, Economic & Valuations - Credit Valuations

Requisition Number: 111239 - 68

Function: Tax Services

Area of Interest:

State: NY

City: New York

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.

KPMG's valuation professionals 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. There is nothing more important than investing in our culture because it's an investment in our people, our future, in who we are, and what we stand for.

KPMG is currently seeking a Manager or Senior Manager, Economic & Valuations - Credit Valuations to join our Economic and Valuation Services (https://www.kpmg.com/us/en/services/tax/valuation-services/pages/default.aspx) practice with a focus on climate change and policy analysis.

Responsibilities:

• Manage staff in the preparation of valuations of illiquid credit assets including, private company debt, distressed corporate debt, commercial real estate loans, consumer loan portfolios, credit card portfolios, and residential whole loan portfolios, with a focus on the alternative investment space

• Interact with hedge fund, private credit funds, private equity, venture capital, and limited partner investment and finance officers on the valuation of investments

• Work with financial models including diverse valuation methods, such as discounted cash flow, leveraged buyout, trading comparable, transaction comparable, and allocation models

• Perform analyses on financial and economic data, subject companies, guideline companies, industries and markets, and other types of funds and investment analysis

• Utilize Microsoft Office Suite, Bloomberg, Capital IQ and other application and data providers

Additional Responsibilities for Senior Manager:

• Participate in business development and origination activities

• Oversee managers and staff in the preparation of valuations for credit investments with a focus on the alternative investment space

Qualifications:

• Minimum five years of recent experience in one or more of the following areas: investment banking, private equity, hedge funds, valuation, financial statement analysis, quantitative analysis, statistical sampling and econometrics, fixed income, and/or capital markets

• Bachelor's degree from an accredited university or college

• Progress toward the coursework and/or testing requirements for an approved complex securities professional designation must be demonstrated. Progress is defined as being registered for an approved complex securities professional designation: Certified in the Valuation of Financial Instruments (CVFI), Charted Financial Analyst (CFA), Financial Risk Manager (FRM), Certified Public Accountant (CPA), Professional Risk Manager (PRM), Fellow of the Society of Actuaries (FSA) / Fellow of the Casualty Actuarial Society (FCAS), or equivalent actuarial designation or Accredited in Business Valuation (ABV); in addition to others on KPMG's approved credential listing; any individual who does not possess at least one of the approved designations/credentials when their employment commences, has one year from their date of hire to obtain at least one of the approved designations/credentials; should you like to see the complete list of currently approved designations/credentials for the hiring practice/service line, your recruiter can provide you with that list

• Advanced finance, financial modeling, accounting, and analytical abilities

• Excellent written and verbal communication skills and the ability to work well in a team environment and/or independently

• Strong work ethic, ability to multitask, and attention to detail; outstanding presentation, organizational and problem-solving skills

Additional Qualifications for Senior Manager:

• Minimum eight years of recent experience in one or more of the following areas: investment banking, private equity, hedge funds, valuation, financial statement analysis, quantitative analysis, statistical sampling and econometrics, fixed income, and/or capital markets

• Successful completion of at least one an approved complex securities professional designation

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=M302B-3KPMG 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).

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.

GL: 4

GF: 15300