Valuations Specialist

Client:
Investment Management Firm ($600B+ AUM)

Role:
Valuations Specialist

Salary: $240,000 - $250,000/annually + Bonus

Location:
Midtown Manhattan
- * 3 days a week onsite - 2 days WFH*

• Support the preparation of daily, monthly, and quarterly valuation models and portfolio analytics across private equity and private credit strategies.
• Perform model validation on new valuation models and calibrate models for new investments at onboarding relative to transaction price.
• Manage market data inputs (e.g., public comparable companies, waterfalls, yield curves, credit curves, and volatility) to ensure strict compliance with valuation policies.
• Perform quarter-over-quarter and period-over-period variance, attribution, and back-testing analyses (such as marks vs. realized exit prices) and eliminate material valuation movements.

• Support the quarterly NAV close process across private equity, private credit, co-investment, and secondaries strategies—including the review of GP/manager-reported capital account statements, roll-forwards, and stale-value adjustments.
• Draft and maintain detailed valuation memos and supporting documentation evidencing fair value determinations under ASC 820 and ASC 946
  .
• Manage fair value hierarchy classifications (Level 1/2/3), Level 3 unobservable input disclosures, and footnote/financial statement reporting.
• Monitor and implement evolving accounting and regulatory standards (e.g., SEC Rule 2a-5 and FASB proposals regarding discounts on contractual sale restrictions).
• Maintain valuation policies, procedures, internal controls, and testing documentation.

• Coordinate communications with fund auditors throughout the annual audit cycle and calendar year.
• Manage relationships with third-party valuation service providers regarding point estimates, value ranges, and positive assurance reports.
• Serve as the core cross-functional liaison with Operations, Accounting, Risk, and IT on pricing, P&L, and valuation inputs/outputs.
• Support Valuation Committee meetings by preparing materials, tracking open items, and documenting formal approvals.
• Respond to investor, consultant, regulatory, and Due Diligence Questionnaire (DDQ) inquiries regarding valuation practices.

• Partner closely with Information Technology to implement valuation setups for new products and automate manual valuation workflows.
• Develop dynamic dashboards and KPIs to report on valuation coverage, timeliness, and exceptions.