Securitisation Assistant Manager

KPMG
Posted

  • Contact: Human Resources
  • Reference: 530870900

The Role

Project management of all work streams that KPMG provides to clients undertaking securitisations and other similar transactions. The main work streams involved in typical securitisation transactions, which the in-charge would have overall co-ordination and responsibility for are:

- Supporting the senior team in proposal preparation and responses to tender requests, and conference attendance
- Loan/asset file due diligence (mainly residential mortgages, commercial loans, auto loans, personal loans or credit cards)
- Excel modelling work to enable checking of stratification tables and weighted average lives calculations produced by clients
- Checking that such data (and other financial or market data information) is correctly extracted and set out in the offering circular/prospectus
- Performing checks of asset and portfolio eligibility criteria and credit events
- Working with audit teams to check the accuracy of financial information included in corporate bond documentation
- Working with KPMG’s Portfolio Solutions Group in relation to portfolio sales and purchases
- Monitoring engagement financial performance, identifying potential overruns and raising invoices

Qualifications and Skills

The ideal candidate will meet the following criteria:

- Professionally qualified with a recognised accountancy body, ACA, ACCA or CPA or working towards a similar qualification. We are prepared to consider candidates without such qualifications if their other skills merit this.
- Whilst exposure to Financial Services audits is preferred, this is not a requirement.
- You are required to possess well developed leadership and supervisory skills and have the ability to effectively communicate with a wide range of individuals both internally and externally.
- Drive and resilience and ability to thrive in a pressured environment.
- Strong project management techniques including decision-making ability, analytical skills, time management, organisation and evaluative skills.
- Capable of working under the pressure of multiple deadlines and priorities across various projects concurrently.
- IT literacy with sound knowledge and experience of Excel and Word.

The ‘practicalities’ of the job

Client behaviours/work profile:

The work load and timing of assignments is unpredictable and volatile. We are frequently advised of transactions with little notice and often have to accommodate several changes to our work plans and schedules for when specific work activities are to be carried out. In-charges do have to be flexible and adaptable to meet client requirements; but also where possible be firm with clients to try and reach realistic and reasonable deadlines.

Staffing/support resources:

To supplement our dedicated securitisation assistants, additional junior resource supporting the in-charge on teams is often drawn from audit and other departments who may have little previous experience or knowledge of the work. However, the securitisation work in itself can be performed successfully provided appropriate instruction and coaching is provided. In-charges will be expected to coach and develop new securitisation assistants as part of our growth plans.

Locations/logistics:

The client sites where assignments are undertaken are spread around the country, with concentrations of work regularly required in the South West, Greater London, Yorkshire, North East, Scotland and the Midlands. Covering transactions across the EU and Middle East, we work in liaison with our local offices.

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