Senior Valuations Specialist - Credit

New York, NY

Job Description

The incumbent will be responsible for the support of the credit platform. They will drive the end-to-end accuracy and completeness of valuation requirements for all Credit public and private entities. This will entail working with the front office for structuring, the operations team for booking and recording accurate transactions in accordance with applicable valuation practices. This role will be responsible for the valuation policies, board reporting, and modeling of investments in public filings with regulators such as the SEC or OSC and will provide oversight for regulatory purposes. Will work with and coordinate third-party valuation specialists along with support team members located in off-shore locations to produce a high-quality valuation result throughout the year.


Essential Functions

  • Manage others on the team on a day-to-day basis
  • Working with the credit funds and credit products
  • Technical Valuation Experience
  • Overall Valuation Policy Ownership & Regulatory Compliance over Valuation

Responsibilities

  • Manage others to accomplish a high degree of quality across the platform
  • Develop and oversee team member objectives and career development
  • Own all valuation-related policies and procedures across the Credit platform
  • Create and maintain models for illiquid loans, preferred equity, and other credit related products.
  • Own the valuation methodologies including, but are not limited to, discounted cash flow (DCF), comparable and recovery analysis.
  • Lead discussions with front-office professionals on valuation model and assumptions to ensure valuations are compliant with accounting rules
  • Work closely with investment professionals to track portfolio company performance and collect financial data
  • Lead off-shore team to manage controls and tie-outs of models and underlying financial data and inputs
  • Participate in the valuation review process by auditors and external valuation agents. This includes leading calls and providing explanations regarding qualitative and quantitative aspects of the valuation models
  • Produce monthly and quarterly valuation packages for review by Board of Directors, internal committees, and the fund administrator.
  • Create executive-level reporting highlighting significant changes/events, key data points and conclusions
  • Support the Finance and Accounting team on internal ad-hoc projects
  • Liaise with Operations on the monthly and quarterly close of the books and records, including review of trade and re-organization activity from a valuation perspective.
  • Work closely and assist in the management of members of offshore team members.
  • Ability to work directly with deal team and upper-level management on quarterly deliverables.
  • Assist with ongoing portfolio monitoring as well as the review of quarterly valuation models.
  • Coordinate with external auditors during the year-end audit and during quarterly reviews.
  • Ensure that effective internal controls are in place. Provide evidence of internal control environment to external auditors on an annual basis.
  • Assist with the review of miscellaneous public regulatory filings
  • Support the CFO to streamline and improve our overall process as part of the larger Credit Platform.
  • Generate and distribute ad hoc reporting to relevant parties such as senior management, deal teams, and investors
  • Assist in preparing and analyzing pricing and valuation materials


Qualifications

  • 9+ years of valuation experience
  • preferably illiquid loans experience
Private Credit
Manhattan

15421

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