VP, Valuations

Vaco by Highspring; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

Vaco by Highspring in New York seeks a VP, Valuations to lead and scale its centralized valuation function, collaborating with senior leadership to enhance methodologies across asset classes.

You will oversee quarterly models, validate new instruments, and drive automation with Risk, IT, and Finance, ensuring accurate P&L attribution and robust audit trails.

This role involves interaction with external auditors and a top-tier global asset management platform.

Responsibilities

• Partner directly with the Head of Valuations to oversee day-to-day operations and strategic framework execution.
• Direct the compilation of quarterly mark-to-market models and detailed portfolio performance metrics across various strategies.
• Conduct comprehensive model validation and stress-testing for newly introduced financial models.
• Partner with cross-functional groups—including Risk, IT, and Finance—to align on mark-to-market methodologies, valuation frameworks, and P&L attribution.
• Oversee key market inputs (such as yield curves, credit spreads, and volatility matrices) to ensure strict adherence to internal valuation policies.
• Liaise with the Technology team to integrate system workflows for new instrument types and drive process automation initiatives.
• Execute price verification procedures by benchmarking internal valuations against counterparty data and external market pricing providers.
• Maintain rigorous valuation documentation and audit trails to support fund accounting and investment accuracy.
• Serve as the primary liaison for external audit teams and independent third‑party valuation firms during quarterly review cycles.

Job description

- S+ Tier Firm. Not too big, but not small. Strong culture and great hours. One of the best places to work in Financial Services.

Role Overview

A prominent global alternative asset management firm is seeking a VP, Valuations to play a pivotal role in the expansion of its centralized valuation function. Supporting the broader alternative investment platform, this individual will collaborate directly with senior leadership to enhance and scale the valuation infrastructure across diverse asset classes.

Key Responsibilities

• Partner directly with the Head of Valuations to oversee day-to-day operations and strategic framework execution.
• Direct the compilation of quarterly mark-to-market models and detailed portfolio performance metrics across various strategies.
• Conduct comprehensive model validation and stress-testing for newly introduced financial models.
• Partner with cross-functional groups—including Risk, IT, and Finance—to align on mark-to-market methodologies, valuation frameworks, and P&L attribution.
• Oversee key market inputs (such as yield curves, credit spreads, and volatility matrices) to ensure strict adherence to internal valuation policies.
• Liaise with the Technology team to integrate system workflows for new instrument types and drive process automation initiatives.
• Execute price verification procedures by benchmarking internal valuations against counterparty data and external market pricing providers.
• Maintain rigorous valuation documentation and audit trails to support fund accounting and investment accuracy.
• Serve as the primary liaison for external audit teams and independent third‑party valuation firms during quarterly review cycles.

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).