Collaborating with a prominent asset management company recently acquired by a private equity firm, aiming to expand their Valuations team at their New York headquarters. They are in search of two Senior Associates/Associates with 5-8 years of relevant experience to take charge of supervising daily valuation processes for all investments across the firm's portfolios. This role involves overseeing procedures for valuing a wide array of intricate financial instruments within a multi-billion-dollar alternative investments platform.
Given that there are two roles, they are looking for a candidate specializing in 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.
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.
Requirements:
- Deep understanding of core valuation principles and methodologies applicable to intricate financial instruments.
- 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.
- Ability for testing and enhancing financial and risk management processes
- Capability to identify and rectify shortcomings in essential valuation controls.
