Pricing Valuation Vice President
Pricing Valuation Vice President
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Job Description
About this role
GAAPS Alternatives Vice President Valuations Edinburgh
About BlackRock
Elevate your career by joining the worlds largest asset manager! Thrive in an environment that promotes positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution. At BlackRock we strive to empower our employees and effectively engage your involvement in our success. With over USD $11.5 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement pay for college buy a home and improve their financial wellbeing.
Team Overview
The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRocks portfolio management teams and clients. GAAPS is central to BlackRocks operations in providing subject matter expertise monitoring fund administrator service delivery in relation fund accounting and financial reporting monitoring operational capacity for new products contributing to projects in relation to product launches and liaising with fund administrators auditors fund directors and portfolio managers. The group comprises of a number of teams and is organized both functionally and regionally.
The Private Valuation Team within GAAPS supports the investment valuation function for private illiquid investments acting as the interface between the investment professionals external valuation providers accounting outsource providers auditors and Fund Controllers. The Private Valuation Team focuses on adding value by providing valuation oversight and coordination of valuations and supporting documentation.
Role Responsibility
- Oversee team members in preparing valuation documentation for infrastructure private equity private debt and other alternative investments.
- Help drive the team process during daily monthly and quarterly cycles supporting the semiliquid products.
- Manage workflow of data to 3rd party valuation firms; working with investment teams to ensure all relevant information is incorporated into valuations.
- Provide high quality client service externally and internally. Address inquiries perform controls problem solve and mitigate risks.
- Initiate and help drive platform and process innovations to support fastgrowing business needs minimize risk improve quality and navigate the changing markets.
- Drive increased efficiency and control through continuous review of current valuation processes; evaluate and implementing technology improvements in partnership with relevant stakeholders.
- Review and tie out of valuation templates received from third party service providers. Communicate any comments and coordinate sign off in coordination with Investment Pricing and Fund Administration teams.
- Review legal documents to establish rights associated with new securities purchased.
- Prepare materials to be provided to the Valuation Committee and presenting findings to Pricing Committees and other management as necessary.
- Liaison with independent auditors. Provide support for valuations and answer questions as necessary in a controlled and efficient manner.
- Perform a review of fair value reporting provided by underlying managers and CoInvestment sponsors.
- Support internal and external partners adhoc requests provide status updates and appropriately manage expectations with senior leaders.
- Ability to manage projects and team members and meet deadlines within a global team environment.
Experience
- Bachelors degree is required Accounting or Finance preferred.
- 8 years relevant experience private investment valuation experience preferred.
- Solid understanding of ASC 820 and IFRS 13 familiarity with typical private company valuation approaches OPM PWERM and Current Value valuation techniques preferred.
- Ability to work with and handle financial data and build summarized reports.
- Experience building testing and implementing valuation models.
- Natural standout colleague able to work in an innovative ambitious and fast paced environment while maintaining attention to detail.
- Excellent verbal and written communication skills combined with agile critical thinking and a problemsolving mindset.
- Ability to quickly learn the intricacies of complex financial instruments.
- Working knowledge of Bloomberg Reuters Interactive Data and MS Office Suite as well as SQL Macro Python Script etc. is an advantage.
Our benefits
To help you stay energized engaged and inspired we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional wellbeing; family support programs; and Flexible Time Off (FTO) so you can relax recharge and be there for the people you care about.
Our hybrid work model
BlackRocks hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person aligned with our commitment to performance and innovation. As a new joiner you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock we are all connected by one mission: to help more and more people experience financial wellbeing. Our clients and the people they serve are saving for retirement paying for their childrens educations buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment the one we make in our employees. Its why were dedicated to creating an environment where our colleagues feel welcomed valued and supported with networks benefits and development opportunities to help them thrive.
For additional information on BlackRock please visit @blackrock Twitter: @blackrock LinkedIn:www.linkedin/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age disability race religion sex sexual orientation and other protected characteristics at law.
Required Experience:
Chief
Employment Type
Full-Time
