In your role as Valuation Associate, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to assist in the performance of investment valuations (primarily illiquid equity and credit interests) and valuation control activity for the Investment segment of USS.
Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and other higher education institutions in the UK. We work with
Responsibilities
As a trusted part of the Finance team you will be responsible for:
Building a thorough commercial understanding of the scheme's illiquid equity and credit investments
Performing quarterly (and occasional ad hoc) valuations of illiquid credit and equity asset investments
Performing monthly valuation roll-forward process between quarters
Working with the asset management teams (Private Markets Group) to gain an understanding of assets and key developments, and collating relevant management information
Preparing valuation reports and committee submissions
Assisting the performance of valuation due diligence reviews
Communicating key valuation judgements and conclusions to stakeholders
Documenting (and, where appropriate, enhancing) valuation procedures and controls
Performing administrative duties for the Investment Valuations function
Interacting and liaising with financial control and operations functions for certain key processes and ad hoc queries (e.g., cash flow adjustments, SPV accounting adjustments etc.)
Assisting with the performance and delivery of internal project work
Assisting external valuation advisers with the performance of the external valuation process
Assisting external auditors in the financial audit process
About you
We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:
Experience of performing business, equity, and/or credit investment valuations as the primary function of a previous or existing role
Excellent level of Excel skills
Experience of dealing with external clients or influencing at senior level within an organisation
Experience of working within investment management, infrastructure or pensions industries in a finance or analyst role
Professionally Qualified Accountant (ACA, ACCA, CIMA or equivalent), or other relevant financial qualification with significant exposure to investment appraisal techniques (e.g. CFA)
Experience of performing fixed income / bond valuations in a previous or existing role
Financial modelling experience, working with integrated forecast models for large businesses
Prior experience of performing financial due diligence assignments
Why join us?
How we will reward you
Great starting salary
Generous annual leave package
Access to a high quality pension scheme provided through Universities Superannuation Scheme
Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
Learning and development opportunities to develop your skills, knowledge and talent
Employee Volunteer Day's to support the communities where you work and live
Cycle to Work Scheme
Our culture and values
Integrity
Collaboration
Excellence
Additional Information
Valuation Associate
Place of Work: London
Contract Type: Permanent
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.