Associate, Portfolio Valuation

VRC • Yardley, PA

7h

About The Position

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-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.

Requirements

• 2 to 4 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
• Strong oral and written communication skills
• Superior analytical capabilities are essential
• Experience working with diverse teams
• Ability to manage multiple assignments, prioritize tasks, and handle dynamic, time-sensitive engagements in a team setting
• Strong work ethic and ability to work flexible hours around critical client due dates
• Current authorization to work in the United States without the need for visa sponsorship now or in the future

Nice To Haves

• CFA or ASA designation or progress towards CFA or ASA designation is a plus
• Bachelor’s or Master’s degree in Finance, Accounting or Economics. Any coursework in valuation, financial statement analysis is a plus

Responsibilities

• 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

Benefits

• Competitive bonus program
• Medical/Dental/Vision, Life Insurance, Disability, Health Savings Account, Dependent Care Reimbursement, Commuter Benefits, 401k match program, and voluntary insurance options
• Generous time off/flexible work arrangements
• Growth- VRC is growing, and so can your career
• Reimbursement for admission fees and study material for professional designations

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level