Portfolio Valuation Associate - Investment Banking

Portfolio Valuation Associate- Investment Banking

Responsibilities:

- Supporting valuation teams, which provide valuations of illiquid debt and equity securities held by hedge funds, private equity funds, and business development companies in connection with fair value reporting of the funds' assets to investors.

- Performing financial statement analysis and other quantitative and qualitative assessments.

- Reviewing client investment memoranda, board of directors' presentations, specific debt and equity agreements, and financial models to develop an understanding of the company or securities being analyzed.

- Compiling statistical summaries of companies' financial information, developing and computing financial ratios, and presenting the analyses in an organized manner and/or using our standard formats and presentations.

- Identifying relevant comparable public companies and M&A transactions within parameters established by FVA project teams, based upon information services such as S&P Capital IQ and Bloomberg, along with knowledge of the appropriate Standard Industrial Classification and other methods, as appropriate.

- Constructing and reviewing valuation and other financial analyses, including the guideline public companies, guideline precedent transactions, and discounted cash flow analyses, using proprietary models.

- Researching and providing information on (a) general economic conditions, (b) industry-specific conditions and trends, (c) acquisitions and divestitures within specific industries, and (d) various investment attributes of publicly traded and privately held securities;

- Participating in telephonic and in-person due diligence meetings/discussions, communicating with clients and responding to auditor questions regarding valuation analyses.

- Designing and drafting client deliverables.

- Assisting in the preparation of fee proposals to clients, including scoping discussions, pitch materials, and internal engagement pricing committee memoranda.

- Performing other ad-hoc research, analytics, and support for the FVA project teams as required.

Basic Qualifications:

- Bachelor's or Master's degree (in Finance a plus).

- Understanding of alternative investment strategies and products across equity, preferred credit, real estate and other asset classes.

- Prior work experience at an accounting or valuation firm in a valuation capacity is a plus

- Strong analytical abilities.

- Fluent in English (excellent verbal and written communication skills)

Preferred Qualifications:

- Excellent understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitations.

- Chartered Accountant or CFA professional designation, or progress towards, preferred but not required.

- A fundamental understanding of financial valuation theory, methodologies, and applications including (CapIQ, Bloomberg, etc.).

- Strong knowledge of Excel modeling and experience in building valuation models (DCF, Market approach and Option Models).

- Demonstrated ability to work cooperatively with team members.

- Ability to work independently in a fast-paced environment

- An exceptional work ethic.

- Big Four or Independent Valuation experience is a plus.