Genesis10 is currently seeking a Fundamental Credit Valuation Analyst with our client in the financial industry in their New York, NY location. This is a 9 month + contract position.
Responsibilities:
Verify trader valuations across different distressed asset classes, which will include both quantitative and qualitative assessments
Finance is expected to understand all pricing model inputs, pricing systems, theory, and expected capital markets execution
Finance will create its own inputs and pricing models in order to qualitatively and quantitatively assess valuation assumptions
Communicate opinions and recommendations to the traders and senior management
Finance is responsible for communicating conclusions and recommendations to the desk on the back of an analysis. In addition, it is often called upon by senior management to summarize, at a moment's notice, all pricing methodology
Implement systematic pricing processes, which needs to be set up in such a manner that they can be replicated over periods, give the ability to compare results with prior periods, and be doable by more than one member of the team
Deliver all pricing work in a timing matter, there will be periods of time where a large number of valuations will absolutely need to get done in a short time period
Produce high quality work as all price review work must be well-written and work must be presented to the candidate's manager and front office in a clear and concise format
Seek improvement in existing processes, which should continually be refined
All processes must be self-audited on a regular basis, and this audit should make it clear to management where improvements are needed, suggestions for solving the weakness, and expected timeframes to put improvements in place
Ability to lead, the candidate should be able to drive processes as well as provide guidance to more junior members of the team
Requirements:
Excellent writing and verbal communication skills, the candidate must clearly demonstrate the ability to logically present a given argument in written form as well as being able to articulate a given opinion concisely
The candidate must have excellent understanding of the distressed market and the different valuation methods are that are used in this space
The candidate should have the ability to drill down and/or provide a bottoms up approach to valuation. Without this ability, the person will never be able to argue from a position of strength as the trader will be able to easily rebut arguments
The candidate must be highly analytical and have experience in building discounted cashflow models and have solid valuation skills around valuation multiples
The candidate must also be a good listener, a problem solver, and well organized
The candidate should have good interpersonal skill and must be able to interact with people within the firm from a variety of disciplines, including traders, trading management, other control people and senior management
The candidate should be motivated and have a high level of intellectual curiosity
The candidate should be highly commercial
Minimum 10 years of experience in a financial discipline
Relevant experience in distressed asset valuation across loans, corporate and real estate
The candidate should have expertise in the construction and review of valuation and financial models including, DCF, comparable company among others
Good working knowledge of accounting concepts and ability to understand company financials
Investment banking experience
Strong Excel skills with the ability to build models and use spreadsheets
Bloomberg systems experience
Experience with process improvements and risk management
Ability to communicate with a diverse audience (trading desk, FINANCE, middle office & market risk)
European language skills
Prior front office experience (desirable)
Top 3 Skills: Valuation/Modeling, Credit Products, Excel
Able to work as a W2 employee of Genesis10 (no Corp-to-Corp)
If you have the described qualifications and are interested in this exciting opportunity, please apply!
About Genesis10: Genesis10 is a leading U.S. business and technology consulting firm with hundreds of clients needing proven talent and solutions to power their strategic initiatives. If you are a high performing business or IT professional with solid, referenced experience, we want to meet you. Genesis10 recruiters and delivery professionals are highly accomplished career advocates, who get to know you beyond your resume to position you with the opportunities that fit your skills, experience and aspirations. We have benefit options to fit your needs and a support staff that works with you from placement throughout your engagement - project after project. To learn more about Genesis10 and to view all our available career opportunities, please visit us at www.genesis10.com. "Genesis10 is an Equal Opportunity Employer, M/F/D/V"
