Associate Director/ Director , Valuation Professional

Associate Director/ Director, Valuation Professional

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.

Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.

Job Summary

The Valuations Professional is part of the global team responsible for Private Equity and Credit portfolio valuation, as well as valuation-related exercises for Barings' BDC complex. This role will also provide a range of key statistics and results to various stakeholders across the firm and investor base.

Primary Responsibilities

• Facilitate the Valuation Process in the Credit and Private Equity segment generally a quarterly process covering a wide variety of asset classes across hundreds of borrowers/issuers
• Value financial instruments and complex securities across the capital structure independently, including loans, equity (common/preferred), convertibles, and warrants
• Leverage and continue to develop a deep technical strength in the valuation of alternative assets, serving as a firm resource for that expertise and sharing that knowledge throughout Barings
• Develop valuation methodologies and models for new investments and challenge methodologies and assumptions for existing investments utilizing technical knowledge
• Collaborate with investment teams to understand new investments and deal origination assumptions
• Create summary materials and present to valuation committees for review and approval of significant changes/events, valuation and market trends, and key judgments
• Coordinate with third party valuation firms and deal teams to create accurate, timely valuations
• Perform advisory valuation services to various business units on an ad hoc basis
• Review and update Marketing materials sent to existing/potential investors. Present on valuation procedures and best practices to existing/potential investors.
• Review and update Valuation Policies and make proactive policy recommendations to the firm's Valuation Committee
• Prepare documentation in support of compliance with SOX and external audit requirements

Qualifications

• 3-5 years of related work experience
• Experience building valuation models (DCF, Comp Multiple and Option Models)
• Knowledge of capital markets/ illiquid valuations (examples - bank loans, mezzanine loans, and private equity)
• Demonstrated technical, analytical, and problem-solving skills, including streamlining processes
• Ability to complete financial models under the pressure of tight deadlines, and apply modeling techniques to complex scenarios
• Comfort managing the valuation process across a large quantity of diverse investments in parallel
• Confidence presenting valuation methodologies and assumptions to senior management concisely and clearly
• Understanding of Alternative Investment strategies and products
• Bachelor's or Master's degree in Finance, Accounting or Economics preferred
• Strong functional background working with Excel. Familiarity with Capital IQ and Bloomberg a plus.
• Finance, Valuation, or Investment Banking training program preferred
• CFA professional designation or working towards, a plus
• Basic understanding of relational databases and SQL

Base Salary Range ($95,000- $160,000 based on experience and position level) in addition to incentive programs.

Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

Barings offers a comprehensive benefits package including:

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits
• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account
• Basic and Supplemental Life Insurance
• Spouse and Child Life Insurance
• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time
• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program