An asset manager in Manhattan is actively seeking a self-motivated and driven professional to join their staff as their new Valuations Associate. In this role, the Valuations Associate will be responsible for portfolio valuation of the firm’s illiquid investments.

Responsibilities

The Valuations Associate will:

• Prepare valuation memos for a subset of manager-marked investments on a quarterly basis
• Liaise with Front Office Analysts and Asset Management teams to understand deal updates and ensure those updates are reflected in the memos and models
• Prepare and maintain valuation models and corresponding documentation for all key valuation inputs
• Assist in the development and rollout of various technology projects to assist in maximizing the efficiency and independence of the valuation process
• Coordinate with third party valuation firms to provide support for independent review of certain manager-marked positions
• Reconcile challenges with the firm’s auditors and administrators during the monthly and quarterly NAV cycles
• Provide support / back up, when necessary, for the reporting and P&L team
• Prepare reporting packages for upper management, Front Office, Marketing, and Accounting/Tax departments, including materials for board presentations

• Bachelor's/Master’s degree in Accounting/Finance or STEM degree
• 10+ years of relevant experience in valuation, corporate finance, and/or financial due diligence/transaction advisory
• Strong modelling skills and understanding of valuation theory, methodologies, and applications
• Knowledge of multiple asset classes is preferred (private equity, loan pools, debt secured by hard assets such as real estate/ships/aircrafts).
• Excellent understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitations
• Advanced Excel skills
• Analytical and highly numerate

• Experience at an independent valuation firm or the valuation group of Big Four accounting firm
• Studying towards/completed a professional qualification (Accountancy or CFA)
• Familiarity with Geneva accounting system, Capital IQ, and Bloomberg
• VBA or basic programming skills