Valuation Associate

Company : 73 Strings Sas

Job Type : Full Time

Riyadh, Riyadh Region

Number of Applicants

:

000+

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Job Description - Valuation Associate

Direct message the job poster from 73 Strings

Head of People @73 Strings | Multi-jurisdictional focus| HR Transformation| Fintech | SaaS

Job Profile: Valuation Associate

Preferred Years of Experience: 2-3 years

// About The Role

Please note: This role is open to Saudi Nationals only

We are looking for an enthusiastic and energetic associate to join our team of incredibly talented engineers and experienced financial advisory & valuation professionals. Working as a Valuation associate at 73 Strings means you will work on functional valuation aspects, required in building products that use cutting edge technology to deliver innovative solutions for the financial services industry and managing the clients independently. Be one of the first to explore the unchartered territories at the intersection of AI and Corporate Finance.

// Responsibilities

Work with the product development team on developing the various equity valuation products/features we are building for the financial advisory industry.

Work on complex portfolio valuations, equity waterfalls, various financial and statistical models as well as data collection.

Managing the clients independently and interacting with them (private equity/ venture capital/etc.) across geographies.

Work on portfolio valuation related projects, business research and valuation projects.

Identify relevant sources of data that can help fuel the analysis by our AI-powered platform and evaluate the quality, cost, and coverage of these databases.

Help the technology team in understanding important concepts in valuation, business research and corporate finance so that they can develop effective algorithms and workflows to automate these tasks.

Test the performance and measure the accuracy of the platform to build and suggest improvements.

Create in-depth research reports on various companies and funds operating in a variety of different industries and countries.

Assist the Project Managers on various testing drills of valuation functionalities.

// Qualifications

Graduate or post-graduate qualification in Finance/Statistics.

A minimum 2-3 years of work experience with a financial advisory or valuation consulting firm

Excellent spoken and written English , besides Arabic.

Critical thinking and time management skills required.

A good understanding of Financial Statements and should know how to analyze them.

Competency around the complexities of Business and Portfolio Valuation .

Advanced research skills.

Understanding of various methodologies and approaches of valuations .

Understanding the Metrics used by Venture Capitals in their decision-making.

Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)

Highly collaborative and with a global mindset

// About Us

Founded in 2019, 73 Strings is digitalizing alternative investments by providing efficiency and intelligence to how illiquid assets are analysed, monitored, valued, and transacted, through AI-augmented solutions. These solutions offer intelligent financial analysis and data-monitoring hubs for equity and credit instruments. 73 Strings is the only firm to provide an integrated offering from data collection to valuation to reporting.

As of today, 73 Strings has developed 3 AI-augmented products that aim to assist experts in their day-to-day operations:

X (Monitoring): Data collection and monitoring processes for investors
X for Equity: Platform aimed towards private equity and M&A valuation
X for Debt: End to end valuation system for debt & debt-like assets

Clients of 73 Strings hail from Europe, the US and the Middle East, and include alternative investment funds (PE, VC, credit funds, etc…), fund administrators and management companies, as well as corporates, banks, advisors, and other finance professionals. Over the last 3 quarters, 73 Strings has added clients with a combined AUM of $8 trillion.

In June 2023, 73 Strings completed a series A funding, demonstrating prime and strategic investors’ confidence in 73 Strings’ innovative technology and market potential.

The company has offices in Paris, New York, Toronto, London, Saudi and Bengaluru.

THE TEAM

The current leadership of 73 Strings has extensive professional expertise in the valuation of private assets and understand the importance of informed decision-making when it comes to managing capital:

Magnan, Co-Founder and CEO : Previous experience at E&Y (Valuation Advisory) and Duff & Phelps, most recently as head of EMEA and member of the Global Operating Committee
Pandey, Co-Founder and Deputy CEO : Previous experience at Corporate Finance (Deloitte, Grant Thornton) and Duff & Phelps most recently as Managing Director in India
Vijapur, Co-Founder and CTO: Previous experience in banking at HDFC Bank, Royal Bank of Scotland and at BoAML, most recently as Head of APAC Regional Applications – Program Management
Parija, Co-Founder and CPO : Previous experience at Duff & Phelps as part of the valuation team in India having led several strategic projects across different sectors
Hogan, North America Lead : Previous experience at the Blackstone, Apollo and Kohlberg & Co, most recently as Director of Valuations and Analytics

The team is supported by a global network of advisors formed by highly seasoned veterans with combined 300+ years of financial advisory and private markets experience.