This position represents a unique opportunity to provide valuations expertise within a dynamic private credit environment, working with senior management team on new investments, performance monitoring and valuation of the current fund’s portfolio.
This hire will be primarily responsible for determining the fair value of investments and providing valuable and timely insight to management on the investments.
Position Summary:
- Prepare and present detailed valuation analysis; including analysis of the transaction structure, market data, adopted methodology, reserves/valuation adjustments and any relevant regulatory, risk or accounting considerations
- Perform valuation procedures using best practices of valuation methodologies, in accordance with ASC for 820 Fair Value; ensure model appropriateness and perform independent modeling of transactions required
- Work with the trading desk to review quotes from brokers and pricing vendors and monitor the reasonableness of quotes received
- Review valuations with asset managers to understand fluctuations in valuations
- Assist in the on-going analysis of the portfolio by tracking significant events for each asset, reviewing valuation models, key assumptions and cash flow projections
- Determine and track relevant model inputs and KPIs to assist in performance reporting and management decision making
- Review credit contractual agreements, structuring for transactions and risk
- Work with third party valuation providers and external auditors during their quarterly/annual reviews of the investment portfolios
- Coordinate with tax, investor relations, valuation committee, fund accounting, operations, and risk teams on reporting, reconciliations, and investment structuring
Qualifications:
- Proficiency in Microsoft Excel is required
- CFA, preferred but not required
- Bachelor’s or Master’s degree in Finance, Accounting, Economics
- Exposure to building/reviewing valuation models and/or other financial models including: DCF, comparable company, forecasts and other models
- Knowledge of private equity credit, structured product preferred