Vice President of Valuations

Octagon Credit Investors, LLC is a 30-year-old, $33 billion below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors, and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable, and scalable approach in its effort to generate attractive risk-adjusted returns for its investors.

Octagon is majority-owned by Conning, a leading global investment management firm with a long history of serving the insurance industry. Octagon’s investment expertise is complemented by Conning’s deep understanding of insurers’ portfolio requirements and constraints. Octagon and Conning are part of the Generali Investments platform, an ecosystem of asset management firms operating in more than 20 countries, offering distinctive strategies and expert insights to help investors achieve long-term performance. Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups.

Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. Significant employee ownership and low employee turnover also underscore our culture of partnership, teamwork, and dedication to preserving investor capital across all our funds / accounts under management. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.

Position Summary :

The Vice President of Valuations will be responsible for preparing and reviewing valuation reports, assessing fair value methodologies, and overseeing the determination of fair value and the related documentation.

Essential Duties and Responsibilities :

• Conduct independent valuations of assets, ranging from broadly syndicated loans, corporate bonds, structure products, private credit and private equity
• Analyze market data, including prices, yields, and comparable instruments, to accurately inform and assess valuation inputs and models used.
• Prepare detailed documentation of valuation procedures, assumptions, and conclusions for financial reporting and audit purposes
• Implement and execute a leveling policy for financial reporting
• Implement and execute liquidity reporting for all firm assets
• Work with external parties such as valuation experts, pricing vendors, and auditors to ensure precise and reliable pricing for portfolio instruments
• Liaise with third party pricing vendors engaged to perform independent valuation of private credit assets, including reviewing reports and providing feedback / having discussions on prices to be applied.
• Liaise with third-party pricing vendors on price challenges, new asset pricing, and trade / market color discussions
• Perform annual due diligence on all approved pricing vendors
• Work with internal groups, including investment and trading teams, to drive the valuation process and ensure compliance with valuation policies and procedures
• Sending notification to administrators and other third parties to communicate pricing actions applied by the Valuation Committee
• Assist in responding to ad hoc valuation requests and questions, including clients, administrators and fund auditors.
• Be an active and voting member of the Valuation Committee
• Continuously seek to improve the valuation process for various instruments
• Prepare and present valuation materials to the Valuation Committee

Areas of Knowledge, Skills, and Abilities / Qualifications :

Compensation and Benefits :

Octagon Credit Investors is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including gender, gender identity, sexual orientation, or pregnancy), marital status, national origin, disability, age, or veteran status.

Please note that Octagon does not sponsor work visas or immigration-related employment benefits. We encourage all individual applications; please, no recruiters or agencies.

Salary : $33