Asset Management - Global Alternatives Valuations - Vice President

J.P. Morgan; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Join a leading firm in the financial sector as a Vice President for the Valuations Team. This pivotal role involves reviewing private market investment valuations for real estate and private capital funds, ensuring accuracy and compliance with valuation standards. You'll collaborate with a diverse team, engaging with external valuers and management to address valuation issues effectively. With a strong emphasis on analytical skills and financial modeling, this position offers a unique opportunity to influence investment strategies and contribute to the firm's success in alternative asset management. If you have a passion for finance and a keen eye for detail, this role is perfect for you.

Qualifications

• 8+ years of experience in institutional private market asset valuations.
• Strong understanding of alternative asset classes, including debt funds.

Responsibilities

• Review private market investment valuations, including equity and debt.
• Participate in training and process enhancements for the platform.

Skills

Analytical Skills

Communication Skills

Financial Modeling

Understanding of Alternative Asset Classes

Appraisal Approaches

Education

Bachelor's Degree

Master's Degree (preferred)

Tools

Argus Enterprise

Excel

Job description

J.P. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources, and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and are built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds.

Job Summary:

We are seeking a Vice President for our Valuations Team within J.P. Morgan Asset Management’s Global Alternatives Group. Reporting to the Head of Valuations for Global Alternatives, the new team member will be responsible for reviewing private market investment valuations, including equity and debt valuations of investments in JPMAM’s U.S. Real Estate, Private Credit, and Private Capital funds and accounts, with potential expansion into international real estate, infrastructure, and transportation in the future. The role promotes ongoing contact with the Valuations Team, Head of Valuations, external valuers, asset managers, analysts/associates, and investment team members.

Job responsibilities:

1. Understanding appraisal approaches: Review of income, sales comparable/market, and cost approaches; commenting on reasonableness; identifying errors; discussing concerns with asset management; and communicating effectively with appraisers to resolve valuation issues within reporting timeframes.
2. Audit Support: Responding to auditors’ questions and providing additional valuation information as needed.
3. Platform-wide initiatives: Participating in training, process, and technology enhancements to benefit the broader platform.
4. Communication: Informing management of valuation process issues and proposing solutions.
5. Investment Committee Reviews: Attending and reviewing presentations for new acquisitions, identifying appraisal risks, and assessing pricing consistency.
6. Financial Modeling: Proficiency in Argus Enterprise and Excel for valuation modeling.
7. Presentation Skills: Strong written and verbal communication skills to present and defend findings to stakeholders, including portfolio managers, auditors, service providers, and investors.

Required qualifications, capabilities, and skills:

• Strong understanding of alternative asset classes, including debt funds and private company investments, with well-developed analytical skills and intellectual curiosity.
• Abstract reasoning, high organization, multitasking ability, and self-starting qualities.
• Minimum of eight years of experience in institutional private market asset valuations.