Associate Director, Valuations - SLC Management

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1400 organizations. Our history of organic and strategic growth reflects this commitment with over CA$387/US$286 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner’s mindset.  As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

Visit our website to learn more and for the most up to date AUM information.

SLC Management offers a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three or more days in-office each week with flexibility depending on their business, client and team needs.

Job Description:

Associate Director, Valuations – SLC Management

What is in it for you:

Reporting to the Managing Director, Valuations, the successful candidate will be responsible for overseeing the daily securities valuations process with a focus on vendor provided fixed income and exchange traded prices. The ideal candidate is a motivated transformational change agent responsible for creating efficient and effective operational processes that support all downstream consumers of valuation data including external clients. Success in this role will require a high degree of collaboration, senior level communication, change management, commitment to establishing and overseeing daily processes and controls along with experience working with the various 3rd party valuation providers across all asset classes.

The Associate Director, Valuations will build deep relationships across SLC and they will be a consensus builder that will influence and drive business outcomes with internal and external stakeholders. 

What you will do:

• Take a lead role in developing a centralized valuations team along with managing at least 1 direct report
• Perform independent valuations on securities ranging from basic to highly complex instruments such as structured products, and illiquid assets
• Review third party vendor valuation output and work with external valuation experts as needed
• Document valuation procedures, assumptions, and conclusions clearly and concisely for financial reporting and audit purposes
• Analyze market data such as prices, yields, volatilities, and correlations to determine appropriate inputs into valuation models
• Ensure an adequate control environment is maintained to identify price challenges, stale prices, missing prices, and to review day over day price changes proactively
• Present valuation findings and recommendations to senior management
• Stay abreast of changes in accounting standards and valuation best practices through ongoing education.
• Mentor and provide technical guidance to junior analysts
• Communicates to a wide variety of audiences at all organizational levels.
• Develops creative client-centered solutions, multiple alternatives and approaches.
• Addresses process breakdowns quickly, identifies the source of problem, and develops solutions that eliminate wasted effort and inefficiencies across teams.
• Raises difficult issues to encourage discussion, contributes to solutions and incorporates lessons learned into future actions.
• Assesses complex issues from multiple angles to get the complete picture.
• Demonstrates ownership for outcomes and uses positive influence to achieve the right results.

What you will need to succeed:

• 5+ years of experience performing securities valuations for financial reporting, transactions, or portfolio management
• Business acumen and de