Job Description
The Company
Our client is a leading alternative credit manager with over $60B in AUM.
Responsibilities
- Own the end-to-end monthly and quarterly fair value process for a large portfolio of privately originated loans, equity co-investments, warrants, and other hard-to-value positions
- Act as the independent check on external valuation providers, pressure-testing their views on credit quality, spread levels, comparable deals, recovery outcomes, and borrower performance
- Run the monthly pricing cycle for the liquid loan book, resolving vendor and dealer quote discrepancies, stale marks, and outliers
- Partner with deal and portfolio management teams on internal valuation frameworks and models
- Prepare and present valuation results to the firm's valuation committee, board-level governance bodies, and senior leadership
- Write and refine valuation policy, methodology, and control documentation to institutional and regulatory standards
- Serve as the primary point of contact for auditors, administrators, pricing services, and LP due diligence on valuation matters
- Drive improvements in data, automation, workflow, and reporting across the valuation process
Requirements
- 8+ years in valuation, private credit, leveraged finance, credit investing, audit, or valuation advisory
- Hands-on experience marking illiquid credit: direct loans, leveraged loans, stressed or distressed debt
- Deep working knowledge of fair value accounting (ASC 820) and the Level 2 / Level 3 hierarchy
- Familiarity with secondary loan market mechanics, pricing services, and dealer quotes
- Sharp credit instincts: able to assess leverage, liquidity, covenant headroom, and capital structure quickly
- Background at a credit manager, BDC, CLO platform, alternative asset manager, independent valuation firm, or Big Four valuation group
- Confident communicator with the presence to challenge investment professionals and present to committees and boards
- CFA, CPA, ASA, or equivalent preferred; prior people-management experience a plus