Head of Valuations
Wall Street Careers® · New York, New York, United States
FULL TIME
Job Description
The CompanyOur client is a leading alternative credit manager with over $60B in AUM.
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ResponsibilitiesOwn the end-to-end monthly and quarterly fair value process for a large portfolio of privately originated loans, equity co-investments, warrants, and other hard-to-value positionsAct as the independent check on external valuation providers, pressure-testing their views on credit quality, spread levels, comparable deals, recovery outcomes, and borrower performanceRun the monthly pricing cycle for the liquid loan book, resolving vendor and dealer quote discrepancies, stale marks, and outliersPartner with deal and portfolio management teams on internal valuation frameworks and modelsPrepare and present valuation results to the firm’s valuation committee, board-level governance bodies, and senior leadershipWrite and refine valuation policy, methodology, and control documentation to institutional and regulatory standardsServe as the primary point of contact for auditors, administrators, pricing services, and LP due diligence on valuation mattersDrive improvements in data, automation, workflow, and reporting across the valuation process
Requirements8+ years in valuation, private credit, leveraged finance, credit investing, audit, or valuation advisoryHands-on experience marking illiquid credit: direct loans, leveraged loans, stressed or distressed debtDeep working knowledge of fair value accounting (ASC 820) and the Level 2 / Level 3 hierarchyFamiliarity with xzbcwsv secondary loan market mechanics, pricing services, and dealer quotesSharp credit instincts: able to assess leverage, liquidity, covenant headroom, and capital structure quicklyBackground at a credit manager, BDC, CLO platform, alternative asset manager, independent valuation firm, or Big Four valuation groupConfident communicator with the presence to challenge investment professionals and present to committees and boardsCFA, CPA, ASA, or equivalent preferred; prior people-management experience a plus
Like the look of this opportunity Make sure to apply fast, as a high volume of applications is expected Scroll down to read the complete job description.
ResponsibilitiesOwn the end-to-end monthly and quarterly fair value process for a large portfolio of privately originated loans, equity co-investments, warrants, and other hard-to-value positionsAct as the independent check on external valuation providers, pressure-testing their views on credit quality, spread levels, comparable deals, recovery outcomes, and borrower performanceRun the monthly pricing cycle for the liquid loan book, resolving vendor and dealer quote discrepancies, stale marks, and outliersPartner with deal and portfolio management teams on internal valuation frameworks and modelsPrepare and present valuation results to the firm’s valuation committee, board-level governance bodies, and senior leadershipWrite and refine valuation policy, methodology, and control documentation to institutional and regulatory standardsServe as the primary point of contact for auditors, administrators, pricing services, and LP due diligence on valuation mattersDrive improvements in data, automation, workflow, and reporting across the valuation process
Requirements8+ years in valuation, private credit, leveraged finance, credit investing, audit, or valuation advisoryHands-on experience marking illiquid credit: direct loans, leveraged loans, stressed or distressed debtDeep working knowledge of fair value accounting (ASC 820) and the Level 2 / Level 3 hierarchyFamiliarity with xzbcwsv secondary loan market mechanics, pricing services, and dealer quotesSharp credit instincts: able to assess leverage, liquidity, covenant headroom, and capital structure quicklyBackground at a credit manager, BDC, CLO platform, alternative asset manager, independent valuation firm, or Big Four valuation groupConfident communicator with the presence to challenge investment professionals and present to committees and boardsCFA, CPA, ASA, or equivalent preferred; prior people-management experience a plus
Details
| Company | Wall Street Careers® |
| Location | New York, New York, United States |
| Type | FULL TIME |
| Niche | hr |