Director, Valuations
Obra Capital is seeking a highly motivated and detail-oriented Director, Valuations to oversee valuation efforts across a range of structured products, including RMBS, CMBS, Auto ABS, Consumer Loans, and Mortgage Whole Loans. This role requires strong financial modeling skills, experience working with large datasets, and proficiency in programming languages such as VBA and Python. The ideal candidate thrives in a fast-paced environment, has a strong analytical mindset, and is eager to develop innovative and efficient valuation methodologies.
BELOW ARE A LIST OF RESPONSIBILITIES AND QUALIFICATIONS:
Responsibilities
Review investment valuations for all Private Credit funds, encompassing Private Equities, Real Estate, Collateralized Loan Obligations (CLOs), and Asset-Backed Securities (ABS). Ensure that the valuation models are robust, and that the assumptions are thoroughly documented and justifiable.
Conduct valuations as part of the monthly and quarterly portfolio valuation process
Oversee the valuation function, collaborating with front office teams, investment accounting, compliance, legal departments, internal/external auditors, and third-party valuation firms
Perform research and analysis projects, including market and industry analysis and comparable sales assessments
·Contribute to investment operations initiatives and other ad hoc projects as needed
Ensure all valuations comply with legal and regulatory requirements
Prepare and present valuation reports in committee meetings
Identify and recommend process improvements to enhance efficiency in valuation and pricing functions
Qualifications:
Bachelor’s Degree in Finance, Statistics, Economics, Engineering, or a related field
9+ years of experience in credit valuation, preferably within valuation/appraisal, Big 4 firms, or financial advisory services
Strong financial modeling experience, including waterfall cash flows
Experience assessing creditworthiness of borrowers, including financial statement analysis and cash flow projections
Strong customer service orientation with excellent verbal and written communication skills
Ability to work collaboratively and effectively with internal teams, clients, and third-party service providers
Strong organizational and planning skills with attention to detail
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
Ability to write and deliver clear, professional reports, business correspondence, and procedural documentation
Strong analytical skills with the ability to interpret financial data, market trends, and regulatory guidelines
Problem-solving skills to manage complex valuation scenarios in a fast-paced environment
Ability to manage multiple priorities and meet deadlines under pressure
Salary range is $175,000 - $225,000. Salaries may vary based on factors, such as skill, experience, and qualification for the role.