Valuations - Senior Analyst / Associate

CCaventus is a global asset manager focused on credit and asset-oriented investments, encompassing a full range of corporate, real estate, and structured finance opportunities. CCaventus is backed by institutional sponsors and built on the strength of a proven credit platform, powered by permanent capital. We are a talent-driven, multi-strategy engine led by a team of handpicked portfolio managers with decades of experience and extensive industry expertise in their respective fields.

CCaventus is looking to expand the Valuations team, through the addition of a Valuations Senior Analyst / Associate. This is a technically demanding, senior individual contributor role with team leadership responsibility. In this role, the successful candidate will work under the EVP of Valuations.

Responsibilities:

• Complex Financial Instrument Valuations
• – Lead and own fair value engagements for a broad range of financial instruments, including:
• ◦ Exotic/structured derivatives (options, or option-linked instruments)
• ◦ Fixed income: corporate bonds, leveraged loans, and distressed/illiquid debt
• ◦ Equity-linked and hybrid instruments: convertible bonds, warrants, and preferred equity with complex features
• ◦ Options and contingent claims across public and private underlying assets
• – Build, maintain, and critically review valuation models - including DCF, binomial lattice, Monte Carlo simulation, Black-Scholes and its extensions, and reduced-form/structural credit models
• – Select and justify appropriate methodologies given instrument complexity, liquidity, observability of inputs, and applicable accounting guidance
• – Calibrate models to market data and perform robust sensitivity and scenario analysis
• – Source and analyze market data inputs including yield curves, credit spreads, implied volatilities, and prepayment assumptions
• Accounting Standards & Financial Reporting Support
• – Apply and interpret relevant US GAAP accounting standards as they govern fair value measurement and financial instrument reporting, including:
• ◦ ASC 820 (Fair Value Measurement): Level 1/2/3 hierarchy, principal market, highest-and-best-use, unit of account, and Day 1 P&L considerations
• ◦ ASC 946 (Investment Companies): NAV-basis reporting, fair value for fund portfolios, and related disclosure requirements
• ◦ ASC 825 (Financial Instruments): fair value option elections and related disclosure
• – Partner with external auditors and fund administrators on fair value sign-offs, Level 3 roll-forwards, and valuation committee presentations
• – Prepare and review technical memoranda documenting valuation conclusions, methodology rationale, and accounting treatment linkages
• – Assist portfolio companies or clients in designing and implementing valuation policies consistent with applicable standards
• Team & Engagement Leadership
• – Lead engagement workflow end-to-end: scoping, timeline management, model review, quality control, and final deliverable
• – Mentor and review the work of junior Analysts and Associates on the Valuations team
• – Act as a primary point of contact for internal portfolio teams and external clients on instrument-level valuation questions
• – Communicate valuation conclusions clearly to non-technical stakeholders including CFOs, controllers, and audit committees

Requirements

• Bachelor’s degree in Finance, Applied Mathematics, or other quantitative finance major, or Economics with a strong interest in pursuing professional designation; Master’s degree is a plus.
• Experience with valuing and reviewing debt and complex financial instruments/derivatives (swaps, contingent consideration, convertible debt, etc.) and related methodologies/ models/ software (Monte Carlo simulation, Binomial Models, Thomson Reuters or Bloomberg).
• 3-5 years valuation experience with a Big 4 or Top 20 public accounting and advisory firm.
• Demonstrated experience in both performing valuations and reviewing common stock, debt and derivative valuations, etc.
• Experience working with Capital IQ.
• Highly Proficient in Microsoft Office, especially Excel and Word
• Good understanding of the accounting standards related to financial instruments and valuations is a plus.
• Ability to work on multiple engagements simultaneously with competing priorities in a rapidly growing, fast-paced, interactive, results-based environment
• Excellent written, interpersonal, and presentation skills
• Python programming/coding is a plus
• Individuals on the path to obtaining the CFA qualification is a plus.
• This job description is not an exhaustive list of all responsibilities, and duties may change