What are the responsibilities and job description for the Intern, Economic Valuation Services - Complex Securities | Multiple Locations Summer 2025 position at KPMG US?
At KPMG, you can become an integral part of a dynamic team at one of the worlds top professional services firms. Enjoy a collaborative, future-forward culture that empowers your success. Work with KPMGs 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 has 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 practice.
Responsibilities:
Follow this link to obtain salary ranges by city outside of CA:
https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=UTAEVSIA_8_24
California Salary Range: $75000 - $78000
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 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.
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.
KPMG is currently seeking an Intern to join our Economic and Valuation Services practice.
Responsibilities:
- Use advanced financial engineering, mathematical, econometric and statistical techniques, including Monte Carlo simulation and lattice models, to perform and review valuations of complex financial instruments including contingent consideration, put/call deal structures, stock compensation, warrants, financial derivatives (equity, interest rate, commodity, CPI, credit), embedded derivatives, debt, insurance contracts, convertible notes and other hybrid instruments.
- Effectively present / document / support complex securities valuations to various stakeholders, including managers, clients, auditors and regulators.
- Develop, document and enhance models to be used by the complex securities practice to perform valuations.
- Understand, research and stay-current with authoritative guidance and industry best practices in the context of valuations for financial reporting, tax, and litigation purposes.
- Contribute to the training of team members and go-to-market initiatives of the complex securities valuation practice.
- Build capabilities in key technologies that enable tax professionals for client service delivery such as artificial intelligence (AI), Alteryx, Power BI, and more
- Must be enrolled in an accredited college or university and pursuing the following degrees/majors: an advanced (preferred) or Bachelor's with a focus in Financial Engineering, Computational Finance, Applied Math, Statistical or equivalent program
- Upon completion of this internship candidates must have additional academic credits to complete before obtaining their degree.
- Preferred GPA of 3.0 or above.
- Coursework or minor in computer programming preferred (e.g. VBA, C , Python); coursework or knowledge of Bloomberg, Fincad, Numerix, Matlab and Intex preferred
- Familiarity with stochastic models used to value complex financial instruments within a risk-neutral framework
- Familiarity with financial instruments including fixed income securities, interest rate and equity derivatives
- Excellent communication, time management and leadership skills; flexible and adaptable team player; and resourceful in delivering high quality work
- 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, artificial intelligence (AI) and similar data analysis and visualization tools
- 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
Follow this link to obtain salary ranges by city outside of CA:
https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=UTAEVSIA_8_24
California Salary Range: $75000 - $78000
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 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.
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.
Salary : $75,000 - $78,000