Sr. Analyst, Investment Valuation
About the position
We are seeking a Senior Analyst, Investment Valuation to lead the fair value oversight process for Level 3 investments across our family of closed end funds. This role will take ownership of the various valuation methodologies employed, engage directly with our sub-advisers, auditors, valuation providers, and help guide internal valuation policy.
This position is ideal for someone with deep ASC 820 valuation expertise and strong experience in private credit and/or intellectualâpropertyâbased cashâflow valuation.What you'll be doingâ˘Own and lead the valuation model oversight process for private credit and royalty assets, among other private asset classesâ˘Conduct advanced valuation analyses including DCF, credit yield, market approaches, and optionality frameworks (e.g., OPM, PWERM)â˘Perform independent price validation and challenge assumptions provided by sub-advisersâ˘Prepare and present materials to the Valuation Committeeâ˘Manage relationships with sub-advisers and external valuation firms; review and challenge their analysesâ˘Serve as the primary point of contact for auditors during valuation testingâ˘Oversee and improve valuation models, templates, and documentation standardsâ˘Mentor junior staff and support team developmentâ˘Interpret credit agreements, royalty contracts, waterfalls, and performance analytics to support valuation conclusionsâ˘Identify and implement process improvements for the valuation cycle
Responsibilities
⢠Own and lead the valuation model oversight process for private credit and royalty assets, among other private asset classes
⢠Conduct advanced valuation analyses including DCF, credit yield, market approaches, and optionality frameworks (e.g., OPM, PWERM)
⢠Perform independent price validation and challenge assumptions provided by sub-advisers
⢠Prepare and present materials to the Valuation Committee
⢠Manage relationships with sub-advisers and external valuation firms; review and challenge their analyses
⢠Serve as the primary point of contact for auditors during valuation testing
⢠Oversee and improve valuation models, templates, and documentation standards
⢠Mentor junior staff and support team development
⢠Interpret credit agreements, royalty contracts, waterfalls, and performance analytics to support valuation conclusions
⢠Identify and implement process improvements for the valuation cycle
Requirements
⢠5â7 years of valuation experience (i.e. fund valuation, valuation consulting, Big 4 valuation practice, private credit, PE, or similar)
⢠Experience with various valuation models including but not limited to income-based approach (DCF, yield analysis), market-based approach (comps, transactions), option-pricing and waterfall models for structured credit and royalty valuation methods
⢠Expertise in ASC 820 fair value and investment company reporting
⢠Strong track record interacting with auditors and valuation specialists
⢠Understanding of private credit or intellectualâpropertyâbased cashâflow valuation/royalty valuation
⢠High proficiency in Excel and complex financial modeling
⢠Strong writing and ability to produce executive ready valuation memos
Nice-to-haves
⢠Prior experience leading or managing valuation processes
⢠Professional credentials: CFA, ASA, CPA (or progress toward them)
⢠Familiarity with structured credit, optionality modeling, and probabilistic cash flow frameworks
Benefits
⢠Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and
leadership attributes
⢠Leadership development and virtual training opportunities
⢠PTO/parental leave
⢠Competitive 401K and employee benefits
⢠Free financial counseling, health coaching and employee assistance program
⢠Tuition assistance program
⢠Work arrangements that work for you
⢠Effective productivity/technology tools and training
Apply tot his job
Apply To this Job
We are seeking a Senior Analyst, Investment Valuation to lead the fair value oversight process for Level 3 investments across our family of closed end funds. This role will take ownership of the various valuation methodologies employed, engage directly with our sub-advisers, auditors, valuation providers, and help guide internal valuation policy.
This position is ideal for someone with deep ASC 820 valuation expertise and strong experience in private credit and/or intellectualâpropertyâbased cashâflow valuation.What you'll be doingâ˘Own and lead the valuation model oversight process for private credit and royalty assets, among other private asset classesâ˘Conduct advanced valuation analyses including DCF, credit yield, market approaches, and optionality frameworks (e.g., OPM, PWERM)â˘Perform independent price validation and challenge assumptions provided by sub-advisersâ˘Prepare and present materials to the Valuation Committeeâ˘Manage relationships with sub-advisers and external valuation firms; review and challenge their analysesâ˘Serve as the primary point of contact for auditors during valuation testingâ˘Oversee and improve valuation models, templates, and documentation standardsâ˘Mentor junior staff and support team developmentâ˘Interpret credit agreements, royalty contracts, waterfalls, and performance analytics to support valuation conclusionsâ˘Identify and implement process improvements for the valuation cycle
Responsibilities
⢠Own and lead the valuation model oversight process for private credit and royalty assets, among other private asset classes
⢠Conduct advanced valuation analyses including DCF, credit yield, market approaches, and optionality frameworks (e.g., OPM, PWERM)
⢠Perform independent price validation and challenge assumptions provided by sub-advisers
⢠Prepare and present materials to the Valuation Committee
⢠Manage relationships with sub-advisers and external valuation firms; review and challenge their analyses
⢠Serve as the primary point of contact for auditors during valuation testing
⢠Oversee and improve valuation models, templates, and documentation standards
⢠Mentor junior staff and support team development
⢠Interpret credit agreements, royalty contracts, waterfalls, and performance analytics to support valuation conclusions
⢠Identify and implement process improvements for the valuation cycle
Requirements
⢠5â7 years of valuation experience (i.e. fund valuation, valuation consulting, Big 4 valuation practice, private credit, PE, or similar)
⢠Experience with various valuation models including but not limited to income-based approach (DCF, yield analysis), market-based approach (comps, transactions), option-pricing and waterfall models for structured credit and royalty valuation methods
⢠Expertise in ASC 820 fair value and investment company reporting
⢠Strong track record interacting with auditors and valuation specialists
⢠Understanding of private credit or intellectualâpropertyâbased cashâflow valuation/royalty valuation
⢠High proficiency in Excel and complex financial modeling
⢠Strong writing and ability to produce executive ready valuation memos
Nice-to-haves
⢠Prior experience leading or managing valuation processes
⢠Professional credentials: CFA, ASA, CPA (or progress toward them)
⢠Familiarity with structured credit, optionality modeling, and probabilistic cash flow frameworks
Benefits
⢠Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and
leadership attributes
⢠Leadership development and virtual training opportunities
⢠PTO/parental leave
⢠Competitive 401K and employee benefits
⢠Free financial counseling, health coaching and employee assistance program
⢠Tuition assistance program
⢠Work arrangements that work for you
⢠Effective productivity/technology tools and training
Apply tot his job
Apply To this Job