Manager, Advisory (Multiple Positions), McLean, VA

Apply working knowledge of structured debt instruments including Collateralized Debt Obligation (CDO) notes, preference shares, Mortgage Backed Securities (MBS) principal bonds, interest only strips, principal only strips, inverse floaters, inverse IOs, and U.S. federal income tax principles and international tax principles related to structured debt instruments. Apply U.S. Generally Accepted Accounting Principles (GAAP) to prepare, review and analyze financial statements and create trial balances, tax basis income statements and balances, and system generated reports. Develop proprietary models to project assets and liabilities cash flows to calculate taxable income generated by structured debt instruments. Verify and reconcile actual cash flows to expected cash flows generated by proprietary models. Apply extensive stress (prepayment, default and loss severity) scenarios to determine the volatility of asset/liability cash flows and investment returns. Review and generate U.S. Federal Income Tax Forms and statements for CDOs including PFIC Annual Information Statement, 5471, 8621, 926 Passive Foreign Investment Companies (PFIC) and Controlled Foreign Corporations. Research federal and international income tax issues related to debt instruments, stated interest, Original Issue Discount (OID), market discount, and premium and tax principles impacting Asset Backed Securities (ABS) and MBS. Pursue business development opportunities. Establish and maintain client relationships and professional networks.

WORK SCHEDULE: 40 hours per week, M-F (9:00 a.m. - 5:00 p.m.)

JOB REQUIREMENTS:

Must have a Master's degree or foreign equivalent in Accounting, Finance, Business Administration, or a related field, and 2 years of related work experience; OR a Bachelor's degree or foreign equivalent in Accounting, Finance, Business Administration, or a related field, and 5 years of post-bachelor's, progressive related work experience.

Of the required experience, must have 2 years of experience with the following: Mortgage banking operations and economics, and securitization tax; Fixed income mathematics, and credit losses and sensitivity analysis; Working with US Agency and Private Label Mortgage Capital Markets, and Loan Production and Loan Servicing Operations; Utilizing Alteryx, Python, and R to perform compliance testing; Leveraging U.S. federal income tax principles and international tax principles related to structured debt instruments in the context of securitization engagements; Computing and reviewing OID and market discounts by using constant yield model and tax factors for CDO, CLO, ABS, and MBS portfolios.

Travel to various locations throughout the US required up to 10%.

Employer will accept any suitable combination of education, training, or experience.

QUALIFIED APPLICANTS:

Apply online at https://www.kpmguscareers.com/job-search and type requisition number 122985 in the keyword search box for Experienced Professionals. Should you have any difficulty in applying for this position through our website, please contact us-hrscatsadmin@kpmg.com for assistance in the application process.

Must have legal right to work in U.S. if offered employment.

Comprehensive compensation & benefits offered.

KPMG is an EOE/disability/veteran and maintains a drug-free workplace.

No phone calls or agencies.

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".