Business Title: Intern, Economic Valuation Services - Complex Securities | Multiple Locations Summer 2024
Requisition Number: 109803 - 77
Function: Tax Services
Area of Interest: Campus
State: PA
City: Philadelphia
Description:
At KPMG, you can become an integral part of a dynamic team at one of the world's top professional services firms. Enjoy a collaborative, future-forward culture that empowers your success. Work with KPMG's extensive network of specialists & enjoy access to our Ignition Centers, where deep industry knowledge merges with cutting-edge technologies to create innovative solutions. Join a diverse team helping high-profile clients understand, analyze, and respond to complex business opportunities and challenges. Develop your career through a range of multifaceted engagements, formal training, and informal mentoring.
At KPMG, we believe nothing is more important than investing in our culture because it's an investment in our people, our future, and what we stand for as a firm.
KPMG is currently seeking an Intern to join our Economic and Valuation Services (https://tax.kpmg.us/services/economic-valuation-services.html) practice.
Responsibilities:
Assist with valuing a wide range of complex financial instruments and OTC derivatives for financial reporting, tax and transaction advisory purposes
Apply option pricing methods (such as Monte Carlo simulation, lattice models, Black-Scholes) in valuations of convertible and callable debt; interest rate, currency and commodity derivatives, contingent payments, warrants and other share-based awards with market conditions; preferred investments; and SPAC related instruments such as sponsor shares and private warrants
Help analyze equity and debt financial market data and history using various quantitative techniques (including regressions and machine learning algorithms) and derive statistics based on transaction data
Review purchase agreements, credit and derivative contracts and perform market research in order to capture salient points to be used for financial modeling purposes
Qualifications:
Must be enrolled in an accredited college or university and pursuing the following degrees/majors; Advanced degree in Quantitative Finance such as Master of Financial Engineering, Master of Science in Mathematical Finance, Master of Science in Quantitative Finance and Master of Science in Computational Finance
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
Coursework or minor in Information Systems, Software Engineering, Computer Science or Data and Analytics preferred; coursework or knowledge of Matlab, R, STATA, SAS, SPSS VBA, SQL preferred
Knowledge of financial modeling and analysis, statistical sampling, valuation calculations and data manipulation
Demonstrated quality service mindset; strong technical aptitude, critical thinking skills and ability to navigate MS Office applications (Excel, PowerPoint, Word, Outlook, Access, Power BI), Alteryx, Tableau and similar data analysis and visualization tools
Excellent communication, time management and leadership skills; flexible and adaptable team player; 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 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=UTAEVSIA-8
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, 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 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.
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).
GL: 6
GF: 15300