A specialist global valuations firm is expanding their London office and hiring an Associate (requiring ~3-6 of valuation experience).
This position conducts valuations of various securities for investment companies (hedge funds, BDCs, etc.). Such securities may consist of illiquid investments, such as bank loans, subordinated debt, and preferred and common equity in privately[1]held companies, as well as structured products.
Associates assist the Portfolio group leader on both a managerial and analytical level, and work with junior analysts to complete valuation assignments.
Office and home working.
The role:
• Conduct research on securities, competitors, industry, and capital markets, including market multiples, comparable ratios, and credit spreads
• Gather and document pertinent data obtained through client interaction
• Build, modify and utilize financial models for discounted cash flow, guideline market multiple, market transaction and option valuations
• Assist junior analysts and perform valuation analyses and use judgment to conclude fair value of relevant securities across a wide range of industries using relevant qualitative information gathered and through the application of proprietary quantitative valuation models
• Begin to prepare and review reports to clients
Qualifications & experience:
• 3 to 6 years’ of constructing and reviewing valuation models and other financial models
• Bachelor’s or Master’s degree in Finance, Accounting or Economics. Any coursework in valuation, financial statement analysis is a plus
• CFA or ASA designation or progress towards CFA or ASA designation is a plus
• Current authorization to work in the UK without the need for visa sponsorship now or in the future