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Advisory Intern, Modeling & Valuation - Credit | Summer 2023

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KPMG LLP

KPMG LLP

Advisory Intern, Modeling & Valuation - Credit | Summer 2023

Boston, MA +5 locations
Internship
Paid
  • Responsibilities

    The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client demand, and looking forward we don't anticipate that slowing down. 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're 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 Advisory.

    KPMG is currently seeking an Advisory Intern for our Modeling & Valuation practice in Consulting.

    Responsibilities:

    • Participate in evaluating and defining lending and credit risk methodologies and delivering services to clients

    • Review and advise improvement to lending and credit risk processes including the credit risk measurement processes, data, tools and the use of technology as an enabler

    • Assist on various client engagements relating to the financial services industry with primary focus on operational and control assessment and enhancement, enterprise risk management, commercial credit risk analysis, testing, revenue enhancement and other advisory services

    • Provide risk support on engagements, including credit/market/operational/liquidity risk evaluation, both qualitative and quantitative approaches, as well as modeling (machine learning and AI), analytics and forecasting

    • Utilize competencies and methods to calculate probability of default, loss given default, exposure at default, underwriting scorecards and algorithms, econometric model development and model validation/governance to support Current Expected Credit Losses (CECL) and other credit loss models

    • Pioneer data mining and related analytical methods using alternative data sources, including unstructured data, to assist in resolving business challenges across a wide spectrum of industries and business functions; provide economic theory support, explain and model trends in various sectors of the US, perform economic and financial forecasting and assist model development and validation team

    Qualifications:

    • Must be enrolled in an accredited college or university and pursuing the following degrees/majors; Bachelors or Masters Degree or PhD in Finance, Accounting, Business, Computer Science, Economics or an equivalent program

    • Must have a current/most recent GPA of 3.00 or above

    • Exposure to or internships in capital markets, commercial banking, portfolio management, credit administration, credit risk and other risk disciplines is a plus

    • Strong technical aptitude, demonstrated quality service mindset, critical thinking skills and ability to navigate MS Office applications, including Excel, PowerPoint, Word and Outlook

    • Excellent communication, time management and leadership skills; flexible and adaptable team player; and resourceful in delivering high quality work

    • Exposure and competency with popular programming software and risk analytical tools such as SAS, R, QRM, Bancware, MATLAB, Stata, Statistics, Python, Tableau, QRM, Derivative Solutions, C++, Visual Basic is a plus

    • Work location may be in the office, at client sites, or virtual/remote depending on business need. You must be located within the U.S. when working remotely. Client site locations may require travel and overnight/extended stay

    • 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 (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.

    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).

  • Industry
    Professional Services
  • Locations
    Los Angeles, CA • Chicago, IL • Boston, MA • Charlotte, NC • New York, NY • McLean, VA
  • About Us

    KPMG is one of the world’s leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world’s largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career and is consistently named one of the nation’s “100 Best Companies to Work For” by Fortune magazine.