Asset Management - Global Alternatives Valuations - Vice President

JPMorgan Chase • New York, NY

122d

About The Position

As the Vice President within the Valuations Team of J.P. Morgan Asset Management's Global Alternatives Group, you will be responsible for reviewing private market investment valuations, including equity and debt valuations of investments in JPMAM's U.S. Real Estate, Private Credit, and Private Capital funds and accounts. You will have the opportunity to expand into international real estate, Infrastructure, and Transportation in the future. This role is designed to promote ongoing contact between the Valuations Team, Head of Valuations, external valuers, seasoned asset managers, analysts/associates, and investment team members.

Requirements

• Strong understanding of and interest in alternative asset classes, including debt funds and direct investments in private companies.
• Well-developed written and quantitative analysis skills.
• A level of intellectual curiosity that will cause the individual to challenge their co-workers to share their professional knowledge and experience continuously.
• Abstract reasoning skills.
• A high degree of organization.
• The ability to handle multiple tasks simultaneously.
• The ability to self-start.
• A minimum of eight years of prior experience in institutional private market asset valuations.

Responsibilities

• Understanding the three (3) appraisal approaches to value - income, sales comparable/market, and cost.
• Reviewing appraisals and commenting on the reasonableness of values and assumptions.
• Quickly identifying errors and issues, discussing concerns and issues raised by asset management.
• Communicating effectively with appraisers to bring resolution to value conclusions in accordance with required reporting timeframes.
• Responding to auditors' questions and providing additional information when needed for asset valuations.
• Actively participating in initiatives to benefit the broader platform, such as training activities, process/technology enhancements, etc.
• Informing the Head of Valuations of difficulties/weaknesses in the valuation process and proposing potential solutions.
• Attending/reviewing investment committee presentations for new acquisitions and originations and identifying appraisal risk/inconsistencies in the pricing of prospective acquisitions versus current appraisal pricing.
• Fluency in Argus Enterprise and Excel, and the ability to model valuations is required.
• Possessing strong written and verbal skills and presenting findings, decisions, etc. to internal and external stakeholders.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities