Senior Private Investment Valuation Analyst

Wellington Management•Boston, MA

27d•Onsite

About The Position

OVERVIEW The Private Credit Valuation Analyst candidate will play an important role in analyzing complex private and illiquid credit securities to determine fair valuation. The determination of the fair value will require gathering and disseminating company financial information, performing primary fundamental research and analysis, reviewing third-party valuation recommendations, presenting recommendations to the Pricing Committee, and communicating recommendations to internal and external clients. The ideal candidate is highly knowledgeable of the securities industry, has extensive credit analysis experience within the fixed income asset class particularly with a focus on private credit or similar category, has a strong understanding of financial statement analysis and valuation methodologies, is detail oriented, and works well independently as well as part of a team. The candidate should have either a CFA or MBA designation or should be working toward it.

Requirements

4-7 years of applicable industry experience including company valuation and credit analysis
Superior understanding of financial statement analysis and valuation methods
Advanced knowledge of fixed income instruments, experience within the private credit and commercial real estate debt asset classes a plus
Ability to leverage strong technical and data skills, such as SQL, PowerBI, Tableau, Excel macros & AI, to improve valuation/operational processes
Strong interpersonal, presentation, and communication skills
Exhibits a proactive approach to problem identification and resolution
Highly analytical with strong attention to detail and time management skills
Demonstrated ability to be flexible, self-directed, and think outside the box
Excellent verbal and written communication skills
Designation or demonstrated progress toward CFA or MBA strongly preferred

Responsibilities

Primary valuation coverage of hundreds of credit investments across Commercial Real Estate Debt, Investment Grade Private Credit, and Growth Lending funds
Perform independent valuation services across all private credit investments
Successful collaboration with and oversight of third-party providers on all private credit valuations
Building comprehensive valuation models based on fundamental research, company financials, quarterly board presentations, management calls, etc., to corroborate third-party provider recommendations and/or formulate Wellington’s own independent valuation recommendations
Reviewing various legal documents (Credit Agreements, SPAs, Charters, ROFRs, M&A filings) to ensure rights, terms, and preferences of securities are reasonably and adequately valued
Conducting market research and analyzing industry trends
Support recommendations throughout audit cycles
Opportunity to design and implement valuation policies and controls for new and existing private credit funds, including Commercial Real Estate Debt, Growth Lending, and IG Private Credit funds
Strong focus on automation initiatives to allow scale and efficiency across the Private Credit platform
Develop relationships with Wellington investors, outsourced providers, and management teams at portfolio companies
Formulate new as well as update existing fair value recommendations, which may require both creative and in-depth analysis and valuation methodologies
Prepare, review, and present fair value recommendations, fair value policies, and company updates to various stakeholders across Wellington, including the Pricing Committee, auditors, and deal teams
Collaborate with various groups throughout the firm including portfolio managers, fixed income traders, industry analysts, internal counsel, global relationship management, securities valuation team, and the alternatives/hedge fund administration group
Research and resolve client inquiries timely, thoroughly, and accurately
Stay abreast of SEC and regulatory fair value requirements

Benefits

retirement plan
health and wellbeing
dental
vision
pharmacy coverage
health savings account
flexible spending accounts and commuter program
employee assistance program
life and disability insurance
adoption assistance
back-up childcare
tuition/CFA reimbursement
paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)