Join KPMG as an intern in our Economic and Valuation Services practice and become part of a leading global professional services firm. Immerse yourself in a collaborative and forward-thinking environment that champions your success. You’ll have the opportunity to collaborate with KPMG’s extensive network of specialists and utilize our cutting-edge Ignition Centers, where deep industry knowledge converges with advanced technologies to develop innovative solutions. Be a part of a diverse team that assists prominent clients in understanding, analyzing, and capitalizing on complex business opportunities and challenges. Shape your career through varied and engaging projects, structured training, and informal mentorship. At KPMG, we are committed to investing in our culture because it reflects our investment in our people, our future, and our firm’s core values.
KPMG is seeking a motivated Intern to join our Economic and Valuation Services team.
Responsibilities
As a Valuation Services Intern, you will:
- Apply sophisticated financial engineering, mathematical, econometric, and statistical methods, including Monte Carlo simulation and lattice models, to perform and review valuations of intricate financial instruments. This includes contingent consideration, put/call deal structures, stock compensation, warrants, financial derivatives (covering equity, interest rate, commodity, CPI, credit), embedded derivatives, debt, insurance contracts, convertible notes, and other hybrid instruments.
- Prepare and present clear, comprehensive documentation to support complex securities valuations for diverse stakeholders, including managers, clients, auditors, and regulators. Effectively communicate findings and methodologies.
- Contribute to the development, documentation, and refinement of valuation models used by the complex securities practice. Enhance existing models and create new tools for valuation analysis.
- Conduct thorough research to stay informed about current authoritative guidance and industry best practices related to valuations for financial reporting, tax compliance, and litigation support.
- Participate in training initiatives for team members and contribute to the go-to-market strategies of the complex securities valuation practice. Share your knowledge and contribute to team growth.
- Develop proficiency in key technologies that enhance client service delivery for tax professionals, such as Artificial Intelligence (AI), Alteryx, and Power BI. Utilize these tools to improve efficiency and insights.
Qualifications
To be considered for the Valuation Services Internship, you should:
- Be actively enrolled in an accredited college or university, pursuing an advanced degree (preferred) or a Bachelor’s degree with a focus in Financial Engineering, Computational Finance, Applied Mathematics, Statistics, or a related quantitative program.
- Have remaining academic credits to complete after the internship to obtain your degree.
- Possess a preferred GPA of 3.0 or above.
- Ideally have coursework or a minor in computer programming (e.g., VBA, C++, Python). Familiarity with Bloomberg, Fincad, Numerix, Matlab, and Intex is advantageous.
- Demonstrate familiarity with stochastic models used for valuing complex financial instruments within a risk-neutral framework.
- Exhibit knowledge of financial instruments, including fixed income securities, and interest rate and equity derivatives.
- Demonstrate excellent communication, time management, and leadership abilities. Be a flexible, adaptable team player with strong problem-solving skills to deliver high-quality work.
- Possess a demonstrated quality service mindset, strong technical aptitude, critical thinking skills, and proficiency in MS Office applications (Excel, PowerPoint, Word, Outlook, Access, Power BI), Alteryx, Tableau, artificial intelligence (AI), and similar data analysis and visualization tools.
- Reside within a reasonable commuting distance to the office for this position and be able to travel to work locations using personal transportation or public transit.
- Be capable of traveling and working on-site at client premises as needed, sometimes with short notice.
- Preferably have authorization to work in the U.S. without requiring employment-based visa sponsorship, now or in the future.
KPMG is committed to pay transparency and complies with all local/state regulations regarding salary ranges. The salary range for this position in California is $75,000 – $78,000. Offered salary will be based on factors including applicant’s skills, job responsibilities, experience, qualifications, and market conditions. KPMG provides a comprehensive and competitive benefits package.
Follow this link to access salary ranges by city outside of CA: https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=UTAEVSIA_8_24
KPMG is an equal opportunity employer, and all qualified applicants are considered for employment regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Further information regarding KPMG’s compliance with recruitment and hiring laws can be found at attached link. No phone calls or agencies, please.
KPMG does not currently mandate COVID-19 vaccination or testing for employees or partners, unless required by law or client mandate.
KPMG recruits on a rolling basis and encourages interested candidates to apply promptly.
For Los Angeles County applicants, please note that criminal history may have a direct and adverse relationship with certain job duties. We will consider qualified applicants with arrest and conviction records in accordance with applicable fair chance ordinances.
