Private Investments Valuation Specialist Vice President

Corporate Title: Vice President

Department: Finance – Independent Product Valuations

Location: New York City

The pay range for this position at commencement of employment is expected to be between $145K and $190K/year*

 

Company overview

 

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates, and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions, and considered thought leadership. For further information about Nomura, visit www.nomura.com.

 

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

 

Department Overview:

The Independent Product Valuations (IPV) Group within the Finance department is primarily responsible for ensuring the appropriate mark to market of trading positions on the firm’s books and records. The group sets independent pricing and valuation adjustment policies, executes and generates results, then communicates the results with various stakeholders to remediate and prevent issues on an ongoing basis. The team interacts closely with other parts of the firm including Trading, Risk Management, Model Validation, and Product Control. The position will be a highly visible role, assisting in the fair value determination of less liquid instruments; primarily in private credit.

 

 

Role Description / Areas of responsibility:

• Seeking to fill a full-time Private Investments Valuation Specialist position in the Independent Product Valuations Group (IPV)
• As an integral part of the IPV team, the Private Investments Valuation Specialist will work to independently verify Front Office prices for a wide array of products, with a focus on Private Credit, Infrastructure and Power Finance, and Fund Financing. Experience in securitized products such as CLOs and RMBS is a plus.
• Develop and maintain valuation methodologies for a range of Private Investments, including Private Credit, Private Equity NAV financing, Infrastructure and Power Finance, and Structured Products.
• Review valuations produced by third party providers such as Discounted Cash Flow (DCF) based analysis, Valuation Multiple based analysis, comparable company analysis, and asset-based approaches.
• Assess financial models, monitor company specific performance indicators and track news events for the asset classes.
• Improve existing methodologies and implementing new ones, as well as ad hoc pricing projects. Collaborate with internal and external audit, external valuation firms, senior management, trading, risk, product control, model validation and due diligence.
• Additional duties involve preparing monthly summary reports for senior management and conducting monthly valuation meetings where IPV presents this information. The role will also involve in-depth research of certain highly technical subjects relevant to supporting the business.

Key contribution areas critical to success:

• Ability to be hands-on with private credit valuations, utilizing techniques such as DCF, market multiples etc. to independently value positions, and to validate external valuations.
• Self-motivated with a transformatio