Valuations Specialist

Valuations Specialist Credit & Illiquid Assets

This role sits within the valuation function and is focused on the independent valuation of private illiquid credit positions.

The core of the role is oversight of the third-party valuation providers who value these positions independently: challenging their outputs understanding the drivers behind them and owning the internal view that sits alongside. You will build and maintain the valuation models that support that challenge assess valuation risk across the book and attend and present to Valuation Committee.

Key Responsibilities

• Valuation modelling: Build and maintain valuation models for illiquid credit and private positions ensuring methodology remains appropriate as positions and market conditions evolve.

• Valuation risk and scenario analysis: Identify and articulate key valuation risks and sensitivities across the book and run scenario analysis to frame the range of reasonable outcomes on the more judgemental positions.

• Third-party provider oversight : Manage the relationship with the external valuation firms who independently value the portfolio. Review and challenge their methodologies assumptions and outputs and resolve differences between their marks and internal view.

• Corporate restructures: Value positions through restructuring processes where capital structure recovery assumptions and timing drive the outcome.

• Valuation Committee: Prepare materials for and present at the Valuation Committee explaining the basis of marks and defending judgements to a senior audience.

• Governance and documentation: Maintain a clear well-documented audit trail behind valuations supporting internal stakeholders audit and the wider control framework.

Essential Skills and Experience

• 5 years experience in a valuation function

• Valuation experience with a genuine credit focus from either investment bank an independent valuation firm or provider another investment manager or an accountancy firms valuation practice

• Other suitable/relevant backgrounds include work in Private Markets Private Credit PERE Infra or alternatives Valuations

• Demonstrable experience valuing illiquid and private positions from fundamentals ideally across bonds loans and private equity with exposure to corporate restructuring situations.

• Strong modelling capability able to build a valuation model from scratch and maintain it not only review someone elses.

• Sound understanding of valuation risk and the ability to apply scenario analysis to judgemental positions.

• The confidence and communication skills to challenge external providers and to present and defend a position to a Valuation Committee.

• CFA qualification (or working towards) preferred. A formal accounting qualification is not required

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age colour disability national origin ancestry race religion gender sexual orientation gender identity and/or expression veteran status genetic information or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process please use the designated space within the application questionnaire.

This is a hybrid fixed term contract position located in London. As the selection and interview process is ongoing please submit your application in English as soon as possible if your profile is selected a member of our team will contact you within 4 weeks. For this role a valid working permit for the UK is mandatory.

Who We Are:

Delta Capita Group (a member of the Prytek Group) is a global managed services consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.

Our 3 offerings are:

• Managed Services

• Consulting & Solutions

• Technology

To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.