Austin Chen

About Austin Chen

Industry: Asset Management, Real Estate, Securitization, Financial Service, Banking…

Experience

1. Senior Associate

   KPMG

   Dec 2021 — Present

   Provide institutional investors with financial and tax consulting services in debt instruments including CLOs, CRE CLOs, ABS, MBS, and other types of alternative investment funds.\\\\n• Review closing documents for new or refinanced CLO and process CLO closing date cashflow reconciliation.\\\\n• Apply tax guidelines to research tax treatment for complicated transactions or scenarios such as debt restructurings, loan modifications, bond re-finance/reset and transactions between CLO and its tax blocker.\\\\n• Review and present financial statements to management and provide financial advice based on trading performance.\\\\n• Process large amounts of data from various trustees, provide user feedback to upgrade internal developed system and streamline workpaper review procedures.\\\\n• Review workpaper from staffs, provide training and share knowledge about securitization industry\\\\n• Process and review U.S. federal income tax return for CDOs, including PFIC information statement, and Form 5471\\\\n• Apply constant yield (CYM) method or PAC method into DCF modelling, and verify calculations for indicators such as Original Issue Discount, Market Discount, Acquired Premium, Bond Premium, SRPM, etc.\\\\n• Utilize INTEX to set up DCF modelling for OID/DIC amortization under prepayment assumption catch up method.\\\\n• Serve as a liaison between clients, trustees, fund administrator and upper management.\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n