Experienced Financial Analyst, Structured Products (Portfolio Valuation) - New York

Houlihan Lokey•New York, NY

7d•$70,000 - $120,000•Hybrid

About The Position

Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG. Financial and Valuation Advisory Over the past 50 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, retained counsel, investors, and business owners we serve. In 2024, LSEG ranked us the No. 1 Global M&A fairness opinion advisor over the past 20 years. Our stability, integrity, technical leadership, and global capabilities make us a trusted advisor for clients worldwide, across a wide range of services, including the Transaction Opinions, Transaction Advisory Services, Corporate Valuation Advisory Services, Portfolio Valuation and Fund Advisory Services, Real Estate Valuation and Advisory Services, and Dispute Resolution Consulting practices. Structured Products Valuation Advisory Drawing on our extensive experience analyzing, structuring, securitizing, underwriting, investing in, and trading whole loans and structured credit instruments, our professionals employ thorough analytical methods and powerful proprietary modeling techniques. Our valuation process incorporates robust market data to provide clients with superior valuation and advisory services that reflect current market developments for all structured products. Our professionals have analyzed multibillion-dollar portfolios of individual securities, whole loans, and everything in between on behalf of originators, hedge funds, private equity funds, banks, insurance companies, fund administrators, and other financial institutions. Responsibilities The Financial Analyst position presents an excellent career opportunity for you to join our rapidly growing firm. Financial Analysts within our Financial Valuation Advisory Services business are fully integrated members of our engagement teams. You will work with a dedicated, highly talented staff of professionals who will give you a broad exposure to many issues and concerns affecting businesses today. Our current work environment is a hybrid work model, requiring team members to be in the office at least 3 days/week. We offer a unique opportunity to work on a wealth of projects that provide exposure to various financial advisory challenges, including the valuation of complex securities. You will also have an opportunity to interact with clients on active engagements and participate in the firm’s marketing efforts. After completing training specific to certain databases and tools, your general responsibilities will include the following:

Requirements

Analyst candidates should have 1-3 years of work experience
Bachelor’s or Master’s degree in finance, accounting, business, applied mathematics, statistics, engineering, or equivalent quantitative field
A fundamental understanding of financial valuation theory, methodologies, and applications
Understanding of basic probability and statistical concepts
Strong analytical abilities including demonstrated ability to model discounted cash flows
Strong problem solving skills and the ability to work through complex financial models to determine the key assumptions, implicit caveats and limitations
Strong knowledge of Excel
Excellent verbal and written communication skills; ability to prepare reports and presentations to team and clients, including graphic and written sections
Demonstrated ability to work cooperatively with team members
Ability to work independently in a fast paced environment
An exceptional work ethic and attention to detail
Ability to manage multiple projects and interact with clients and internal management
Flexibility to travel to client site for due diligence meetings as required

Nice To Haves

Knowledge of multiple valuation techniques
Knowledge of various structured products including Residential and Commercial Mortgage Securities (RMBS and CMBS), Asset-Backed Securities (ABS), and Collateralized Loan Obligations (CLO)
Knowledge of and experience with statistical packages and data sources such as Intex and Bloomberg
Python/VBA skillset

Responsibilities

Analyzing and valuing various structured products, loans, and other illiquid securities
Determining relevant valuation assumptions based on historical performance, collateral type, and economic scenarios
Utilizing a discounted cash flows framework to derive value indications at appropriate market yields
Performing market research; calibrating proprietary valuation models to incorporate market-based assumptions, including home price appreciation, prepayment rates, and foreclosure timelines
Reviewing and compiling published financial information, such as industry research reports, remittance data, and Bloomberg data across a wide range of asset classes
Assisting in the preparation of client deliverables including pitch materials and information requests
Participating in due diligence meetings/discussions and assisting in responding to auditor questions regarding valuation analyses prepared by Houlihan Lokey
Participating in presenting valuation analyses and conclusions internally to review committees, externally to our clients’ senior management and boards of directors, and to fiduciaries
Performing financial-statement and other quantitative and qualitative assessments as required
Researching and providing initial draft on (a) general economic conditions, (b) industry-specific conditions and trends, and (c) various investment attributes of illiquid securities
Assisting with sales and marketing initiatives for prospective and existing clients
Performing other ad-hoc research, analytics, and support for the FVA project teams as required