Working with a major asset manager that just got acquired by a PE firm that is looking to grow out their Valuations team in their New York office. They are seeking 2 individuals Senior Associate/Associate with 5-8 years of pertinent experience to assume responsibility for the daily supervision of the valuation process for all investments in the Firm's portfolios. Given that there are two distinct roles, they are looking for a candidate specializing in either private entity valuations or, alternatively, one with a stronger emphasis on structured credit, credit modeling, and a background in system development with a focus on building out the pricing side. While coding skills are not a requirement for this position, the ideal candidate should thrive in high-pressure environments, possess the ability to visualize data, and demonstrate a solid understanding of the market dynamics.
The position entails overseeing procedures related to valuing a diverse range of complex financial instruments within a multi-billion-dollar alternative investments platform. The preferred candidate should be a motivated finance professional with a deep understanding of core valuation principles and methodologies applicable to intricate financial instruments. They should demonstrate the ability to independently evaluate valuation processes, create and test models for various financial assets, and communicate effectively with both internal and external stakeholders. Additionally, the candidate should have a penchant for testing and enhancing financial and risk management processes, along with the capability to identify and rectify shortcomings in essential valuation controls.
Responsibilities:
- Coordinates external service provider selection for illiquid asset valuation.
- Acts as a strategic liaison between external service providers and front office groups.
- Reviews and rigorously tests front office and third-party valuation models.
- Manages the relationship with the external auditor on valuations.
- Provides thought leadership on valuation policies, controls, and reporting.
- Demonstrates a broad understanding of regulatory frameworks for pricing and valuations.
