Director, Valuations

Position Overview

Obra Capital is seeking a highly motivated and detail-oriented Director to oversee the valuations efforts across a range of structured products, including Insurance, Commercial Real Estate, CLOs, RMBS, CMBS, Auto ABS, Consumer Loans, and Mortgage Whole Loans. This role requires strong financial modeling skills, experience working with large datasets, and proficiency in programming languages such as VBA and Python. The ideal candidate thrives in a fast-paced environment, has a strong analytical mindset, and is eager to develop innovative and efficient valuation methodologies.

Responsibilities

• Review investment valuations for all Private Credit funds, encompassing Private Equities, Real Estate, Collateralized Loan Obligations (CLOs), and Asset-Backed Securities (ABS). Ensure that the valuation models are robust, and that the assumptions are thoroughly documented and justifiable.
• Conduct valuations as part of the monthly and quarterly portfolio valuation process
• Oversee the valuation function, collaborating with front office teams, investment accounting, compliance, legal departments, internal/external auditors, and third-party valuation firms
• Perform research and analysis projects, including market and industry analysis and comparable sales assessments
• Contribute to investment operations initiatives and other ad hoc projects as needed
• Ensure all valuations comply with legal and regulatory requirements
• Prepare and present valuation reports in committee meetings
• Identify and recommend process improvements to enhance efficiency in valuation and pricing functions
  
  

Preferred Qualifications

• Bachelor’s Degree in Finance, Statistics, Economics, Engineering, or a related field
• 9 years of experience in credit valuation, preferably within valuation/appraisal, Big 4 firms, or financial advisory services
• Strong financial modeling experience, including waterfall cash flows
• Experience assessing creditworthiness of borrowers, including financial statement analysis and cash flow projections
• Strong customer service orientation with excellent verbal and written communication skills
• Ability to work collaboratively and effectively with internal teams, clients, and third-party service providers
• Strong organizational and planning skills with attention to detail
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
• Ability to write and deliver clear, professional reports, business correspondence, and procedural documentation
• Strong analytical skills with the ability to interpret financial data, market trends, and regulatory guidelines
• Problem-solving skills to manage complex valuation scenarios in a fast-paced environment
• Ability to manage multiple priorities and meet deadlines under pressure
  
  

Compensation

The expected base salary range for this role is outlined below. In addition to the base salary, total compensation may include a discretionary bonus based on performance. This range reflects a variety of factors, including years of relevant experience, education, and other qualifications pertinent to the position.

$175,000-$225,000

The firm also offers robust Benefits offerings which include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; and Commuter Benefits plan for parking and transit. In addition all employees of Obra are provided with a daily lunch stipend.