KPMG Associate/Senior Associate, Risk Analytics in McLean, Virginia

Associate/Senior Associate, Risk Analytics

McLean, Virginia

Requisition #: 37624

Practice Area: Advisory

Location: McLean, VA

Known for being a great place to work and build a career, KPMG provides audit, tax and advisory services for organizations in today's most important industries. Our growth is driven by delivering real results for our clients. It's also enabled by our culture, which encourages individual development, embraces an inclusive environment, rewards innovative excellence and supports our communities. With qualities like those, it's no wonder we're consistently ranked among the best companies to work for by Fortune Magazine, Consulting Magazine, Working Mother Magazine, Diversity Inc. and others. If you're as passionate about your future as we are, join our team.

KPMG is currently seeking an Associate/Senior Associate in Risk Strategy & Compliance - Risk Analytics for ourpractice.


  • Develop and model complex financial structures such as reverse engineering of cash flow “waterfall” including payment rules and trigger effects

  • Work on financial risk management advisory and audit engagements related to financial instrument valuations and cash flow analysis of fixed income, structured products, technical accounting applications, and whole loan portfolios

  • Analyze and assess risk management activities related to investment portfolios, liquidity sources, accounting changes, and new regulations related to Dodd Frank and Regulation AB

  • Review, validate, and develop financial cash flow models including mortgage (MBS) and asset-backed securities (ABS), credit default swap (CDS), option models, alternative equity investment, collateralized debt obligation (CDO), collateralized loan obligations (CLO), auction rate securities, residual assets, mortgage-servicing assets (MSR), and commercial mortgage-backed securities (CMBS)

  • Review operational risk management, internal control policies and procedures including GAP analysis

  • Perform compliance testing related to various client financing agreements with investment banks, issuers, regulators, government agencies, and investors

Additional Responsibilities for Senior Associate:

  • Supervise associates and interns on engagements

  • Serve as a liaison between clients and upper management

  • Identify and communicate technical matters to both clients and upper management

  • Mentor associates and new hires


  • A minimum of one year of relevant experience in the financial services industry, structured finance, mortgage banking, corporate finance, or advisory services, or a minimum of three years of experience in fixed income analysis

  • Advanced degree in finance, financial engineering, mathematics, economics, statistics, or a related major from an accredited college/university

  • Strong understanding of financial products and structured credit, fixed income, discounted cash flow valuations, credit and interest rate risk hedging, and pricing of various financial instruments

  • Working knowledge of modeling techniques and collateralized debt obligation types such as residential and commercial mortgage back securities, bank loans, and asset back securities

  • Pursuit of Chartered Financial Analyst designation considered a plus

  • Travel may be up to 80-100%

  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

Additional Qualifications for Senior Associate:

  • A minimum of three years of relevant experience in the financial services industry, structured finance, mortgage banking, corporate finance, or advisory services or a minimum of five years of experience in fixed income analysis

  • Programming and modeling experience related to structured finance is highly preferred, particularly Intex, Bloomberg and/or Imake modeling tools

  • Valuations of complex financial instruments as well as strong data mining and/or programming and advanced MS Access or SQL skills

  • Middle office, accounting, compliant and risk management skills with structured financial products

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, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. Thecontains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.

Our Benefits


KPMG offers a range of medical insurance options to meet your needs as well as prescription drug coverage, health care flexible spending accounts, and dependent day care flexible spending accounts.

Personal Time Off (PTO)

Up to 30 PTO Days per year (depending on job classification/level/years of service).


  • 401(k) and Pension Plans

  • Dependent Care Flexible Spending Account

  • Health Care Flexible Spending Account

  • Mortgage Assistance Program

  • HomeBenefits@Work Program

  • Hyatt Legal Plan

  • Benefits vary by employment status.