Associate, Private Credit Valuation

Point72 Asset Management, L.P; New York (NY); On-site; USD 125,000 - 150,000; Full time

Job summary

Join a leading global alternative investment firm as a Valuation team member, focusing on private credit strategy. You will lead valuation processes, coordinate with deal teams, and enhance your expertise in private equity and venture capital valuation. The role offers a dynamic environment with a commitment to excellence and professional growth.

Benefits

Fully-paid health care benefits

Generous parental and family leave policies

Volunteer opportunities

Support for employee-led affinity groups

Mental and physical wellness programs

Tuition assistance

401(k) savings program with employer match

Qualifications

• 3-5 years of valuation experience on private credit.
• Experience with various private credit investment types.
• Knowledge of legal agreements and valuation methods.

Responsibilities

• Lead the development of valuation processes for private credit portfolios.
• Coordinate with deal teams for valuation reviews.
• Review valuation and P&L reporting for internal tracking.

Skills

Analytical

Detail-oriented

Interpersonal skills

Excel modeling

English communication

Education

Bachelor’s degree in finance

Bachelor’s degree in accounting

Tools

Intex

Capital IQ

Job description

Summary

We’re looking for a bright, analytical and dedicated professional to join our Valuation team, with a focus on supporting the firm’s new private credit strategy. This is an opportunity to help build a best-in-class valuation standard for the firm’s private credit initiative, as well as gain experience in private equity and venture capital valuation. If you’re eager for a great opportunity in a fast-paced and exciting finance environment, this may be the right opportunity for you.

A Career with Point72’s Private Investment Valuation team

The Point72 Private Investment Valuation team manages the valuation of all privately held investments across the firm’s extensive hedge fund, private equity, and venture capital portfolios. The team’s investment valuation coverage varies across industries and capital structures.

What you’ll do

• Lead the development of Point72’s valuation process of private credit portfolios; research technical valuation matters and provide thought leadership on best practices and emerging trends
• Coordinate with deal teams to lead valuation reviews of diverse private credit, private equity, and venture capital portfolios by building and maintaining valuation models in accordance with ASC Topic 820, and present analysis and fair value recommendations to the Valuation Committees
• Coordinate valuation reviews performed by third-party valuation firms and external auditors
• Review and coordinate valuation and P&L reporting for internal performance tracking and investor reporting

What’s required

• 3-5 years of valuation experience on private credit at a valuation advisory firm, “Big 4” audit firm, or private credit firm
• Experience with the valuation of private credit investment types, including Significant Risk Transfer (SRT), Asset Backed Liability (ABL), Collateralized Loan Obligation (CLO) and other Asset Backed Securities (ABS)
• Interest in broadening your valuation expertise to private equity and venture capital
• Bachelor’s degree in finance, accounting, or a related field
• Experience with financial statements, businesses at various stages from seed to IPO, and the acceptable valuation methods, including market comps, income (DCF), and scenario analysis (PWERM)
• Knowledge of legal agreements, waterfall structures and capitalization tables and the impact they have on investment value allocations. Familiar with Black Scholes or other option models.
• Strong excel modeling skills
• Proficient in Intex; familiar with Capital IQ
• Strong personal ownership, highly analytical, detail-oriented, and a commitment to excellence
• Ability to work with varying deadlines, as well as address ad-hoc inquiries and projects
• Excellent interpersonal skills, English communication skills (verbal and written), and the ability to work effectively on a team
• Commitment to the highest ethical standards

We take care of our people

We invest in our people, their careers, their health, and their well-being. When you work here, we provide:

• Fully-paid health care benefits
• Generous parental and family leave policies
• Volunteer opportunities
• Support for employee-led affinity groups representing women, people of color and the LGBTQ+ community
• Mental and physical wellness programs
• Tuition assistance
• A 401(k) savings program with an employer match and more

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit www.Point72.com/about

The annual base salary range for this role is $125,000-$150,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.