Valuations Associate, Private Credit

A wonderful opportunity to join a successful private credit fund and work alongside the Head of Valuations to review, maintain and enhance the private credit valuation models as monthly portfolio monitoring. We are targeting qualified professionals (CFA,ACA,ACCA preferred) with relevant valuations experience gained from either an accounting firm, consulting firm or from the investment management sector. An amazing opportunity to take this next step in your career.

The Role

• Perform valuations on a wide range of investments (fixed income, derivatives, structured private credit, CLO's) across industries and geographies while using accepted and relevant approaches and theory.
• Develop and maintain financial models incorporating calibration and discounted cash flow (DCF), Market Approach and other scenario-based techniques.
• Conduct research and analysis on company financials, industry trends, and market / bond / loan comparables to support valuation conclusions.
• Meet with portfolio managers and credit analysts to discuss valuation issues, such as loan portfolio default/recovery performance, portfolio company's operational performance, private market sentiment and deal pipeline.
• Capture wide ranging market performance data and draw analysis based on trends and macro developments
• Contribute to the development of portfolio monitoring tools and templates
• Maintain documentation of valuation rationales, processes, overrides and any policy exceptions, ensuring consistency, accuracy, and propriety of valuation methodologies, assumptions, and practices.
• Prepare monthly valuation meeting material, which includes the preparation of clear and concise recommendations and analyses to the firm's Valuation Committee.
• Work with the firm's auditors to answer valuation related questions, which includes the review of all assumptions and inputs used in the preparation of valuation analyses.
• Work with external valuation vendor to prepare firm's quarterly positive assurance report
• Work with Technology to implement scalable infrastructure solutions using Python, SQL, Tableau and in-house tools.
• Implement fair value hierarchy approaches based on accounting standards and stay abreast with technical and regulatory developments involving valuation guidance (IPEV, IFRS, GAAP, etc.). Seek to improve internal valuation procedures to align with industry best practices.

Requirements

• You must be a fully qualified professional (CFA,ACA,CA,ACCA preferred)
• Have at least 2 years valuations experience, likely gained from an accounting firm, consulting firm, bank or investment manager
• Have a strong academic background
• Excellent all round communication and presentation skills
• This role is available to those with eligibility to work in the UK. Sponsorship is an option for exceptionally qualified individuals only. For this to apply, you must already be based in the UK. No consideration will be given to people currently living outside the UK.