Securities Valuation Sr Associate

TIAA•Chicago, IL

1d•$105,000 - $149,000•Onsite

About The Position

The Valuation Senior Associate is responsible for valuing and reviewing valuations for select public and private fixed income and/or equity holdings. Under limited supervision, this job works independently on projects and processes related to one or multiple of the following portfolios: bonds, equities, commercial mortgages, commercial real estate, real assets, private equity and derivatives. This job also monitors third-party providers and pricing, along with consistently maintaining updated knowledge of market conditions and fundamentals.

Requirements

3+ Years Required
University (Degree) Preferred

Nice To Haves

5+ Years Preferred
Analytical Skills
Asset/Investment Modeling
Asset Valuation
Communication
Conflict Management
Critical Thinking
Due Diligence
Financial Markets
Market/Industry Dynamics
Accountability

Responsibilities

Develops valuation models of private and public investment portfolio holdings while also monitoring and challenging third-party or General Partner valuations based on supporting data.
Conducts and reviews variance analysis of portfolio valuations used to identify mass-priced holdings to determine the source and potential risk of variance, and to develop plans to address impact of variance in reporting.
Prepares and delivers requested valuations and pricing solutions to internal clients, auditors and regulators while maintaining frequent communication with internal and external auditors in an effort to mitigate any potential risk facing the organization.
Conducts independent research to develop and maintain a broad understanding of current and future macro and micro market conditions and market fundamentals that may impact pricing and valuations.
Develops and updates processes and procedures that incorporate the required level of controls and reduce potential risk, while delivering well-supported valuations and credit losses as required for respective accounts.
Determines an estimate of fair market pricing when third party pricing is unavailable or deemed unreasonable.