What are the responsibilities and job description for the VP of Valuations, Private Credit - 26010 position at Daley And Associates, LLC.?
VP of Valuations, Private Credit – New York, NY
A highly successful Asset Management firm located in New York is seeking a VP of Valuations, Private Credit to join their growing team. As the VP of Valuations, you will responsible for preparing and reviewing valuation reports, assessing fair value methodologies, and overseeing the determination of fair value and the related documentation. This opportunity offers the flexibility of a hybrid work model and a competitive compensation package.
Responsibilities:
A highly successful Asset Management firm located in New York is seeking a VP of Valuations, Private Credit to join their growing team. As the VP of Valuations, you will responsible for preparing and reviewing valuation reports, assessing fair value methodologies, and overseeing the determination of fair value and the related documentation. This opportunity offers the flexibility of a hybrid work model and a competitive compensation package.
Responsibilities:
- Continuously improve the private valuation process for various instruments
- Conduct independent valuations of securities, ranging from straightforward to highly complex instruments such as private equity, structured products, and other alternative assets
- Perform hands-on valuation calculations for private credit investments
- Analyze market data, including prices, yields, and comparable instruments, to accurately inform valuation models
- Prepare detailed documentation of valuation procedures, assumptions, and conclusions for financial reporting and audit purposes
- Work with external parties such as valuation experts, pricing vendors, and auditors to ensure precise and reliable pricing for portfolio instruments
- Assist in the valuation process for traditional investments
- Prepare and present valuation materials to the Valuation Committee, Fund Boards of Trustees, and senior management committees
- A bachelor’s degree in Accounting, Finance
- 7-10 years of experience in preparing or auditing private security valuations
- At least 5 years of hands-on experience in valuing private credit
- CPA or CFA certifications preferred
- Strong critical thinking and decision-making abilities with a keen eye for problem-solving
- Deep knowledge of private credit, including structured debt, bank loans, and other illiquid investment types
- Advanced proficiency in Microsoft Office (Excel, Word, PowerPoint) and familiarity with Bloomberg and other market data tools
