Controllers, Private Valuation Oversight, Associate, Jersey City

Job Summary:

The successful candidate will work within the AWM (Asset & Wealth Management). Public Product Control team, which is responsible for oversight of private debt and equity valuation covering $23bn market value within the growing Private Credit Group and Business Development Company (“BDC”) platform. 

They will be responsible for the price verification of private investments; primarily private debt. They will interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations. They will be responsible for investor and regulatory reporting.

Principal Responsibilities:

• Responsible for oversight of quarterly valuation process for private debt and equity positions, including financials statement analysis, yield analysis and discounted cash flow and market approaches


• Involvement in independent third-party valuation processes


• Involvement in external/internal Audit review process


• Responsible for investor and regulatory reporting including MD&A disclosures for financial statements


• Responsible for valuation committee presentations


• Daily interaction with portfolio managers, Fund Accounting & Operations


• Understand SOX 404 framework and document supporting evidence of key SOX controls to ensure correct levels of control and independence are in place


• Develop a broad understanding of credit markets and the BDC industry

Qualifications: 

• Degree in Finance / Accounting, CPA/CFA or MBA preferred


• 4-6 years relevant work experience (public and/or private)


• Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.


• Strong understanding of WACC, CAPM and Contingent Claims Analysis models


• Strong understanding of Fixed Income and Equities markets and the alternative investment management industry 


• Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)


• Strong understanding of valuation accounting disclosures


• Strong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managers


• Ability to work within a team environment


• Strong analytical and organizational skills


• Results driven and great multitasking skills