Bachelor's degree is required, Accounting or Finance preferred.
10+ years relevant experience, private investment valuation experience preferred.
Solid understanding of ASC 820 and IFRS 13, familiarity with private credit and equity valuation, and typical private company valuation approaches; OPM, PWERM, and Current Value valuation techniques preferred.
Ability to work with and handle financial data and build summarized reports
Experience building, testing and implementing valuation models.
Natural standout colleague able to work in an innovative, ambitious, and fast paced environment while maintaining attention to detail.
Excellent verbal and written communication skills combined with agile critical thinking and a problem-solving mindset.
Ability to quickly learn the intricacies of complex financial instruments.
Working knowledge of Bloomberg, Reuters, Interactive Data, 73 Strings and MS Office Suite as well as SQL, Macro, Python Script, etc. is an advantage.
Benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.Our hybrid work modelAbout BlackRockAt BlackRock, we are all connected by one mission: to help more and morHealth insuranceVision insuranceFlexible scheduleEquity / stock options
Additional Information
About this role
Team Overview
The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRock's portfolio management teams and clients. GAAPS is central to BlackRock's operations in providing subject matter expertise, monitoring fund administrator service delivery in relation fund accounting and financial reporting, monitoring operational capacity for new products, contributing to projects in relation to product launches and liaising with fund administrators, auditors, fund directors and portfolio managers. The group comprises of a number of teams and is organized both functionally and regionally.
The Private Valuation Team within GAAPS supports the investment valuation function for private, illiquid investments acting as the interface between the investment professionals, external valuation providers, accounting outsource providers, auditors, and Alternative Fund Controllers. The Private Valuation Team focuses on adding value by providing valuation oversight and coordination of valuations and supporting documentation .
Role Responsibility
Oversee team members in preparing valuation documentation for private equity, private debt and other alternative investments.
Help drive the team process during monthly and quarterly cycles.
Manage workflow of data to 3rd party valuation firms; working with investment teams to ensure all relevant information is incorporated into valuations.
Provide high quality client service externally and internally. Address inquiries, perform controls, problem solve, and mitigate risks.
Initiate and help drive platform and process innovations to support fast-growing business needs, minimize risk, improve quality, and navigate the changing markets.
Drive increased efficiency and control through continuous review of current valuation processes; assist with evaluating and implementing technology improvements in partnership with relevant stakeholders.
Review and tie out of valuation templates received from third party service providers. Communicate any comments and coordinate sign off in coordination with Investment, Pricing and Fund Administration teams.
Review legal documents to establish rights associated with new securities purchased.
Prepare materials to be provided to the Valuation Committee and present findings to Pricing Committees and other management as necessary.
Liaison with independent auditors. Provide support for valuations and answer questions as necessary in a controlled and efficient manner.
Perform a review of fair value reporting provided by underlying managers and Co-Investment sponsors.
Support internal and external partners' ad-hoc requests - provide status updates and appropriately manage expectations with senior leaders.
Ability to manage projects and team members, and meet deadlines within a global team environment.
Blackrock · Mumbai, India