Valuations Specialist

Vaco by Highspring; New York (NY); Hybrid; USD 240,000 - 250,000; Full time

Job summary

Vaco by Highspring is recruiting a Valuations Specialist for a premier investment management client in Midtown Manhattan. The role centers on advanced valuation modeling, analytics, and detailed reporting for private equity and private credit strategies, with a hybrid onsite/remote arrangement.

You will contribute to NAV close, compliance, and memo preparation under ASC 820/946, while coordinating with auditors and valuation service providers.

Responsibilities

• Valuation Modeling & Analytics: Support daily, monthly, and quarterly valuation models and portfolio analytics for private equity and private credit strategies.
• Model validation and calibration for new investments at onboarding, based on transaction price.
• Manage market data inputs (public comps, waterfalls, yield and credit curves, volatility) ensuring compliance with valuation policies.
• Perform quarter-over-quarter and period-over-period variance, attribution, and back-testing analyses; monitor movements.

Job description

Client: Investment Management Firm ($600B+ AUM)

Role: Valuations Specialist

Salary: $240,000 - $250,000/annually + Bonus

Location: Midtown Manhattan - *3 days a week onsite - 2 days WFH*

Key Responsibilities

• 1. Valuation Modeling & Analytics
  • Support the preparation of daily, monthly, and quarterly valuation models and portfolio analytics across private equity and private credit strategies.
  • Perform model validation on new valuation models and calibrate models for new investments at onboarding relative to transaction price.
  • Manage market data inputs (e.g., public comparable companies, waterfalls, yield curves, credit curves, and volatility) to ensure strict compliance with valuation policies.
  • Perform quarter-over-quarter and period-over-period variance, attribution, and back‑testing analyses (such as marks vs. realized exit prices) and escape material valuation movements.
• 2. Financial Reporting, NAV Close & Compliance
  • Support the quarterly NAV close process across private equity, private credit, co-investment, and secondaries strategies-including the review of GP/manager-reported capital account statements, roll‑forwards, and stale‑value adjustments.
  • Draft and maintain detailed valuation memos and supporting documentation evidencing fair value determinations under ASC 820 and ASC 946.
  • Manage fair value hierarchy classifications (Level 1/2/3), Level 3 unobservable input disclosures, and footnote/financial statement reporting.
  • Monitor and implement evolving accounting and regulatory standards (e.g., SEC Rule 2a-5 and FASB proposals regarding discounts on contractual sale restrictions).
  • Maintain valuation policies, procedures, internal controls, and testing documentation.
• 3. Stakeholder, Audit & Vendor Management
  • Coordinate communications with fund auditors throughout the annual audit cycle and calendar year.
  • Manage relationships with third‑party valuation service providers regarding point estimates, value ranges, and positive assurance reports.
  • Serve as the core cross‑functional liaison with Operations, Accounting, Risk, and IT on pricing, P&L, and valuation inputs/outputs.
  • Support Valuation Committee meetings by preparing materials, tracking open items, and documenting formal approvals.
  • Respond to investor, consultant, regulatory, and Due Diligence Questionnaire (DDQ) inquiries regarding valuation practices.
• 4. Process Automation & Reporting
  • Partner closely with Information Technology to implement valuation setups for new products and automate manual valuation workflows.
  • Develop dynamic dashboards and KPIs to report on valuation coverage, timeliness, and exceptions.

Equal Opportunity Notice

Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact [e-mail].

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Privacy Notice

Vaco by Highspring respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR and UK GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here https://www.highspring.com/ai-use-notices/. Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations; and
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).