Director, Transaction Advisory Services (Bank Valuation)

Ankura is a team of excellence founded on innovation and growth.

Transaction Advisory Services, Bank Valuation - Practice Overview:

Clients depend upon Ankura’s professionals to provide insightful and thorough valuations. Ankura offers a full range of services to clients who depend on us to provide insightful and thorough valuations that enable them to make informed business decisions. Our Financial Services professionals are experienced in many facets of valuation and are skilled at providing expert testimony, as well as defending our valuation before various regulatory bodies and the Internal Revenue Service.

Role Overview:

Our professionals are experienced in utilizing a variety of valuation standards, approaches and methodologies including: 

• Standards of value including fair market value, fair value, intrinsic value, and investment value 

• Responsible for managing and developing a staff

• Oversight of on going projects and client relationships

• Premises of value including going concern, fair market, and liquidation 

• Valuation approaches and methodologies including: 

• Market approach: guideline company method, merger and acquisition (transaction) method, market pricing for services, compensation 

• Sales comparison approach; utilizes recent transactions, selection of appropriate units of comparison 

• Income approach: discounted cash flow method, capitalization of earnings method, etc. 

• Asset approach: discrete/collective revaluation of assets and liabilities 

• Cost approach: estimation of costs to replicate a service or asset 

• Financial statement analysis including ratio, common-sized, and trend analyses 

• Discount/capitalization rates including buildup method, capital asset pricing model, weighted average cost of capital, and other quantitative approaches 

• Minority interest discounts/control premiums 

• Discounts for lack of marketability including restricted stock studies, pre-IPO studies, and other quantitative methods 

• Intangible asset valuations, entity valuation issues regarding C-corporations, S-corporations, partnerships, sole proprietorships 

Requirements: 

• Minimum of 5 years of experience with direct experience in performing bank valuations for financial reporting purposes.  This experience will include valuing loan portfolios, core deposit intangibles and customer relationship intangibles

• Undergraduate degree required, emphasis in Finance, Accounting or Economics preferred 

• Valuation experience in other segments of financial services such as: insurance brokerage, specialty finance and mortgage banking a plus 

• Progress towards achievement of ASA, CVA, CPA, and/or CFA designation is a plus 

• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Senior Associate/Director level will be determined throughout the evaluation process.

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