Associate, Valuations

Obra Capital, Inc.; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Obra Capital is seeking an Associate, Valuations to support its independent valuation function across private credit, structured credit, insurance‑linked investments, and whole loans. The ideal candidate combines strong financial modeling with a rigorous analytical mindset and works with investment, finance, and risk teams to ensure timely, defensible valuations.

Responsibilities include ongoing fair value assessments, building models using DCF and comps, drafting quarterly memoranda,

Qualifications

• 3–5 years of experience in valuations, credit analysis, or related finance role.
• Experience valuing illiquid or complex instruments such as loans, ABS, CLOs, or insurance-related assets is a plus.
• Strong financial modeling skills in Excel; experience with Bloomberg or other market data platforms.
• Familiarity with ASC 820 / fair value accounting standards.

Responsibilities

• Perform ongoing fair value assessments for a portfolio of private credit, structured credit, insurance-linked, and other alternative investments.
• Build and maintain valuation models utilizing methods including discounted cash flow, comparables, yield-based analysis, and third-party pricing inputs.
• Prepare quarterly valuation memoranda and supporting documentation for review by senior management, auditors, and fund administrators.
• Coordinate with external valuation specialists and pricing vendors; review and challenge third-party marks.
• Support the audit process by responding to auditor inquiries and providing valuation support documentation.
• Monitor market data, credit spreads, interest rates, and relevant benchmarks to inform valuation assumptions.
• Assist in developing and refining valuation policies, procedures, and controls in line with ASC 820 and other applicable standards.
• Collaborate with portfolio management, fund accounting, and investor relations on valuation reporting.
• Support ad hoc analysis and new investment structures or product launches.

Skills

Financial modeling

Analytical mindset

Attention to detail

Written & verbal communication

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

Bloomberg

Job description

Company Overview

Obra Capital, Inc. is a vertically integrated, uncorrelated investment firm specializing in insurance, longevity, structured credit, and private lending with $4.3 billion in assets under management. The firm aims to generate long term value and attractive returns for investors across closed-end and open-end funds. With capabilities in investing, originating, structuring, and servicing, Obra provides differentiated investment opportunities and capital solutions for investors globally.

Company Overview

Obra Capital, Inc. is a vertically integrated, uncorrelated investment firm specializing in insurance, longevity, structured credit, and private lending with $4.3 billion in assets under management. The firm aims to generate long term value and attractive returns for investors across closed-end and open-end funds. With capabilities in investing, originating, structuring, and servicing, Obra provides differentiated investment opportunities and capital solutions for investors globally.

Position Overview

Obra Capital is seeking an Associate, Valuations to support the firm's independent valuation function across its diverse asset classes, including private credit, structured products, insurance-linked investments, and whole loans. The ideal candidate combines strong financial modeling skills with a rigorous analytical mindset and an interest in alternative asset management. This person will work closely with investment, finance, and risk teams to ensure accurate, timely, and defensible valuations in accordance with applicable accounting standards and investor expectations.

Responsibilities

• Perform ongoing fair value assessments for a portfolio of private credit, structured credit, insurance-linked, and other alternative investments.
• Build and maintain valuation models utilizing relevant methodologies including discounted cash flow, comparable company analysis, yield-based analysis, and third-party pricing inputs.
• Prepare quarterly valuation memoranda and supporting documentation for review by senior management, auditors, and fund administrators.
• Coordinate with external valuation specialists and pricing vendors; review and challenge third-party marks.
• Support the audit process by responding to auditor inquiries and providing valuation support documentation.
• Monitor market data, credit spreads, interest rates, and relevant benchmarks to inform valuation assumptions.
• Assist in developing and refining valuation policies, procedures, and controls in line with ASC 820 and other applicable standards.
• Collaborate with portfolio management, fund accounting, and investor relations teams on valuation-related inquiries and reporting.
• Support ad hoc analysis and special projects related to new investment structures or product launches.

Qualifications

• 3–5 years of experience in valuations, credit analysis, or a related finance role; Big 4 valuation advisory, investment banking, or alternative asset management experience preferred.
• Working knowledge of ASC 820 / fair value accounting standards.
• Experience valuing illiquid or complex instruments such as loans, ABS, CLOs, or insurance-related assets is a plus.
• Strong financial modeling skills in Excel; experience with Bloomberg or other market data platforms.
• Highly detail-oriented with strong organizational skills and the ability to manage multiple deadlines.
• Collaborative team player with clear written and verbal communication skills.
• CFA candidate or charterholder preferred; CPA a plus.
• Bachelor's degree in Finance, Accounting, Economics, or a related field required.