Analyst, Valuations

Waterfall Asset Management, LLC

$110K — $125K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-4 years of experience in securitized products, asset-based finance, or related fields.
  • Background from accounting firms, banks, or valuation providers is preferred.
  • Proficiency in cash flow modeling tools like Intex, Bloomberg, or Argus.
  • Familiarity with fair value accounting standards (ASC 820).
  • High proficiency in Microsoft Office; VBA skills are a plus.
  • Experience with business intelligence tools (Databricks, Qlik, Tableau, Power BI) preferred.
  • Knowledge of programming languages like Python or R is advantageous.

Responsibilities

  • Perform monthly independent price verification (IPV) of illiquid assets.
  • Monitor asset performance and sector trends to inform cash flow modeling.
  • Review valuations from third-party providers for accuracy.
  • Utilize tools like Intex and Argus to value complex investments.
  • Build and maintain Excel-based cashflow models for bespoke investments.
  • Prepare monthly documentation and presentations for senior management and investors.
  • Collaborate with internal teams on various platform-wide initiatives.

Benefits

  • Opportunity to develop expertise in asset-backed credit products and valuation techniques.
  • Work closely with diverse stakeholders including investment and operations teams.
  • Engagement with senior management and investors through presentations.
  • Exposure to various asset classes and valuation processes.
Full Job Description
Job Description

This analyst role is designed for a highly motivated individual with a strong work ethic who will contribute meaningfully to the execution of the firm's valuation policy. The position offers an excellent opportunity to develop expertise in asset-backed credit products and valuation techniques. The analyst will work closely with various stakeholders across the firm including investment teams, portfolio management, client services, operations and accounting teams.

Specific job responsibilities include:
  • Perform monthly independent price verification ("IPV") of illiquid assets including securitized products (ABS, RMBS, CMBS, CLO), asset-based lending (ABL/ABF), whole loan pools and private equity.
  • Monitor and track asset performance and sector trends to inform cash flow modelling and valuation assumptions.
  • Review valuations produced by third party providers.
  • Utilize cash flow modelling tools such as Intex, Argus Bloomberg to value illiquid/complex investments.
  • Build and maintain Excel-based cashflow models for bespoke investments.
  • Assist in preparation of monthly documentation/presentations detailing investment or sector-level performance that will be presented to senior management and investors.
  • Collaborate with internal teams including client services, operations and accounting on various platform-wide initiatives.


Qualifications and Education Requirements
  • 2-4 years of relevant experience in securitized products, asset-based finance, real estate, valuations or other related fields.
  • Background from accounting firms, banks, investment managers, valuation providers or ratings agencies.
  • Experience with cash flow modeling tools such as Intex, Bloomberg or Argus.
  • Working knowledge of fair value accounting standards (e.g., ASC 820).
  • High degree of proficiency in Microsoft Office products required (VBA a plus).
  • Experience with business intelligence platforms such as Databricks, Qlik, Tableau, Power BI is a plus.
  • Experience with programming languages such as Python or R is a plus.
  • Strong written and oral communication skills.


Base Salary Range: $110,000 - $125,000, plus a discretionary bonus

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