Vice President, Complex Securities Valuation

4 weeks ago


San Francisco CA, United States DNA Diversity Executive Search Full time
About the Company

We are a full-service, independent, global valuation firm that focuses exclusively on valuation and advisory services. Since 1975, we have delivered valuation and financial opinions for M&A transactions and the financial and tax reporting requirements of Fortune 500 companies, private equity firms and their portfolio companies, and more. We welcome you to learn more about us.

About this role

Our Portfolio Valuation practice seeks a senior-level complex securities valuation professional. The position conducts valuations of various financial derivatives and other complex securities for financial reporting (ASC 718 and 815), tax and regulatory compliance (IRC Section 409A), transaction support and financing opportunities. Such securities may consist of illiquid investments, such as bank loans, subordinated debt, and preferred and common equity in privately-held companies, as well as structured products. Vice Presidents assist the Portfolio team leader on both a managerial and analytical level and work with analysts and associates to complete valuation assignments.

Job Responsibilities
•Manage and work with analysts and associates to conduct relevant research to support valuations, including analyses of subject company valuation drivers, research on private equity and private credit cost of capital, research and analysis of relevant industries and end markets, and comparative analyses.
•Conduct research on clients, competitors, industry, and capital markets, including market multiples, comparable ratios, credit spreads, volatility, and other pertinent data. Review, test, verify and scrutinize same.
•Manage analysts and associates in reviewing relevant original investment documentation, term sheets, legal documents, agreements, and other relevant data and information with respect to the deal structure and thesis, ownership structure, investment terms, historical and projected financial performance, and operation data relating to the complex securities.
•Develop, modify and utilize quantitative financial models including working algorithms, to value and analyze the various nuances and intricacies of the complex securities, as well as discounted cash flow, guideline market multiple, market transaction, and option valuations.
•Manage and assist analysts and associates to perform valuation analyses on derivatives and complex securities across a wide range of industries using relevant qualitative information gathered and through the application of proprietary quantitative valuation models as well as general knowledge of calculus and differential equations (differentiation and integration, numerical integration, partial differentials, and diffusion equations),
•Taylor series, market risk and return concepts, matrix operations, probability and statistics, multi-linear regression, stochastic processes/calculus (random walks and Brownian motion and Ito's lemma) equity, currency and commodities derivatives, credit risk, credit derivatives, CDS pricing, synthetic CDO pricing, exotic options, hedging strategies, stochastic volatility, and jump-diffusion, Quasi-Monte Carlo methods, finite-difference methods, credit products (yield, duration, convexity, stochastic spot rate models and calibration), option strategies, and multi-factor forward rates and interest rate simulation.
•Prepare and review reports and communicate and substantiate assumptions utilized in analyses, not only to fellow team members, but also to client's senior management and executives, auditors, and regulators.
•Complete engagements independently under the pressure of tight transaction deadlines; maintain and enhance knowledge of quantitative modeling trends and analytical experience to assist in business development opportunities.

Job Requirements
•Generally 7+ years experience in financial services, including experience conducting a valuation of various financial derivatives and other complex securities for financial reporting, tax and regulatory

compliance, transaction support, and corporate strategy support through the utilization of differential equations (e.g., differentiation and integration, numerical integration, partial differentials, and diffusion equations), multi-linear regression, hedging strategies, stochastic modeling/simulation methods (BlackScholes, Monte Carlo) finite-difference methods and options strategies as well as utilization of MatLab, Java, VBA, Python, and Mathematica.
•Undergraduate BS in Mathematics, Statistics, Economics or Finance, or a Master's degree in Mathematics, Statistics, Economics, or Finance.
•CFA and or CQF designation preferred. CAIA and FRM designations are also a plus.
•Proven technical, analytical and problem-solving skills.
•Demonstrated oral and written communication skills; experience working in a team setting and having interactions with clients.
•Ability to manage multiple assignments, prioritize tasks, and handle dynamic, time-sensitive engagements in a team setting.
•Strong work ethic and ability to work flexible hours around critical client due dates.
•Applicants must have unrestricted authorization to work for any employer in the U.S.

What we offer you
•Base salary plus bonus (quarterly and year-end merit)
•Medical/Dental/Vision, Life Insurance, Disability, Health Savings Account, Dependent Care Reimbursement, Commuter Benefits, 401k match program, and voluntary insurance options
•Generous time off
•Growth- We are growing, and so can your career
•Reimbursement for admission fees and study materials for CFA #J-18808-Ljbffr

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