Valuations and Pricing Associate

Job Description

Security Valuation – Alternative Investments

A global investment manager is hiring for its Security Valuation group, which supports valuation oversight across U.S. mutual funds, UCITS, private funds, and separate account structures. The role covers the valuation framework end-to-end, including governance, methodology oversight, escalation, and controls, and will help shape the valuation operating model as the platform grows. This individual will partner with fund treasury, risk, compliance, operations, portfolio management, legal, and third-party administrators.

Responsibilities:

\n
• Execute the valuation function end-to-end, including valuation committee materials and support of fair value determinations through established governance processes
\n
• Define and execute the valuation strategy and operating model, driving process enhancements, control improvements, and scalability across asset classes and investment vehicles
\n
• Oversee and engage in daily and periodic valuation activities, including evaluating complex and less liquid positions, challenging third-party pricing, analyzing pricing exceptions, and supporting escalation
\n
• Apply independent technical judgment to evaluate valuation methodologies, assumptions, and inputs, including models and unobservable inputs
\n
• Ensure compliance with regulatory requirements, including SEC Rule 2a-5 and UCITS, and maintain the control and documentation framework
\n
• Oversee pricing vendors and third-party service providers, including due diligence, methodology review, ongoing monitoring, and price challenge and escalation processes
\n
• Identify valuation risks and process gaps and implement enhancements to controls and efficiency
\n
• Work with auditors on valuation matters, including supporting audits and facilitating review of methodologies, assumptions, and controls
\n
• Design, review, and oversee complex valuation models in line with industry practices and regulatory expectations
\n

Qualifications:

\n
• Technical expertise in valuation methodologies, including evaluating and challenging models, assumptions, and pricing inputs (including unobservable inputs)
\n
• Understanding of corporate actions and their impact on the daily valuation process (rights offerings, spin-offs, mergers, SPACs, acquisitions, etc.)
\n
• Knowledge of derivatives and the attributes needed to set up and value them, including building vendor request files and templates
\n
• Experience building, reviewing, or overseeing complex valuation models
\n
• Knowledge of regulatory requirements, including SEC Rule 2a-5; familiarity with UCITS valuation frameworks preferred
\n
• Ability to operate independently and make well-reasoned decisions in complex valuation scenarios
\n
• Experience working with auditors and third-party service providers, including pricing vendors and administrators
\n
• Attention to detail, organization, and control orientation, with a focus on accuracy and risk management
\n
• SQL, Excel, Python, Bloomberg, DataScope, S&P Derivative Studio/PV, FundRun
\n