What are the responsibilities and job description for the Senior Associate position at B. Riley Advisory & Valuation Services, LLC?
Job Description
Job Description
GA Group Appraisal and Valuation Services, LLC (GA Group) - Field Examination Group is one of the nation's leading appraisal, valuation and advisory firms. Our field exam work is a key piece of diligence helping financial institutions prepare asset-based loans for a variety of companies within a broad range of industries including Retail and Consumer Products, Metals, Energy, Building Products, Automotive, among others.
GA Group’s Field Examination Group is seeking a full-time Senior Associate to work Remotely or in one of our Hybrid offices in Needham, MA, Chicago, IL or Westlake Village, CA.
This position manages the analysis of existing and prospective borrower's collateral records and financial reports in order to determine / assess collateral values that support asset-based loans. The Senior Associate will lead recurring engagements and may lead new, less complex survey (initial) engagements. The Senior Associate frequently communicates complex information and interacts closely with borrower management. Provides excellent customer service to clients and Business Development Officers either directly or through subordinate employees. Resolves conflicts and addresses sensitive situations. Motivates and influences others. Regularly exercises discretion and independent judgment in management of projects. Duties have a significant financial impact of potentially hundreds of millions of dollars on client companies and lending institutions, as well materially impact the profitability of the field exam group.
Duties of this position include, but are not limited to the following :
- Manages and directs a project team providing in-depth testing and analysis of collateral (generally Accounts Receivable and Inventory) securing loans to potential / existing borrowers in order to verify existence, and to identify and highlight areas of collateral weakness or deterioration. As necessary, complete any aspect of the field exam in order to bring the engagement to a timely and successful conclusion.
- Prepares field examination reports and supporting workpapers that communicate in writing findings and material variances found, conclusions reached, and recommendations on potential mitigants.
- Leads management interviews at the subject companies, gaining insight into their financial, collateral, and operational management.
- Effectively sets priorities for themselves and field exam team members and works in an organized manner while managing multiple moving deadlines
- Builds, maintains, and manages effective relationships and communication with subject companies and clients throughout the field exam process.
- Ensures internal communication and coordination within the exam team is effective and consistent throughout the process, keeping all members up to date
- Conducts interviews of potential new hires, participates in the candidate selection process and training
- Review analysis and reports to ensure adherence to B. Riley quality standards and policies.
- Perform management interviews and site visits as needed; travel could represent up to 35% per month
- Lead client meetings / report deliveries as needed.
Education, Experience, and Skills :
Why GA Group?
We provide collaborative financial services and solutions tailored to fit the capital raising and financial advisory needs of public and private companies and high net worth individuals.
GA Group works with lenders, law firms, private equity sponsors and companies of all types. Our Advisory Services are a unique mix of Valuation and Appraisal Services including asset-based lending (ABL) Valuations, Field Examination, Restructuring and Turnaround Management, Forensic Accounting and Litigation Support and Transaction Support Services including Due Diligence and Quality of Earnings Reviews.
GA Group provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. We are headquartered in Los Angeles with offices across the U.S. as well as an international presence.
GA Group employees enjoy competitive salaries, access to our 401(k)-profit sharing retirement plan and our other benefits including paid holidays, vacation, and sick leave, voluntary group medical, dental, and vision insurance, and company paid life and disability coverage.
Visit us at https : / / gagroup.com / to learn more!
This job description is not intended to be all-inclusive and the employee will also perform other reasonably related business duties as assigned by immediate supervisor and other management as required. Great American reserves the right to revise or change duties as the need arises. This job description does not constitute a written or implied contract of employment.
