Left arrow iconBack to search

Controllers, Private Valuation Oversight, Associate, Jersey City

Goldman Sachs
Posted 2 months ago, valid for 8 days
Location

Jersey City, NJ, US

Salary

$85,000 - $140,000 per year

Contract type

Full Time

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • The successful candidate will join the AWM Public Product Control team, overseeing private debt and equity valuation within a $23bn market value framework.
  • They will handle price verification of private investments, mainly focusing on private debt, and interact with various teams including management and compliance.
  • The role requires 4-6 years of relevant work experience and a degree in Finance/Accounting, with CPA/CFA or MBA preferred.
  • The expected salary for this position in Jersey City, NJ ranges from $85,000 to $140,000, with potential eligibility for a discretionary bonus.
  • Candidates should possess strong analytical skills and a solid understanding of credit markets and valuation accounting disclosures.

Job Summary:

The successful candidate will work within the AWM (Asset & Wealth Management). Public Product Control team, which is responsible for oversight of private debt and equity valuation covering $23bn market value within the growing Private Credit Group and Business Development Company (“BDC”) platform. 

They will be responsible for the price verification of private investments; primarily private debt. They will interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations. They will be responsible for investor and regulatory reporting.

Principal Responsibilities:

  • Responsible for oversight of quarterly valuation process for private debt and equity positions, including financials statement analysis, yield analysis and discounted cash flow and market approaches
  • Involvement in independent third-party valuation processes
  • Involvement in external/internal Audit review process
  • Responsible for investor and regulatory reporting including MD&A disclosures for financial statements
  • Responsible for valuation committee presentations
  • Daily interaction with portfolio managers, Fund Accounting & Operations
  • Understand SOX 404 framework and document supporting evidence of key SOX controls to ensure correct levels of control and independence are in place
  • Develop a broad understanding of credit markets and the BDC industry

Qualifications: 

  • Degree in Finance / Accounting, CPA/CFA or MBA preferred
  • 4-6 years relevant work experience (public and/or private)
  • Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.
  • Strong understanding of WACC, CAPM and Contingent Claims Analysis models
  • Strong understanding of Fixed Income and Equities markets and the alternative investment management industry 
  • Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
  • Strong understanding of valuation accounting disclosures
  • Strong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managers
  • Ability to work within a team environment
  • Strong analytical and organizational skills
  • Results driven and great multitasking skills

Salary Range 
The expected base salary for this Jersey City, NJ, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits 
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.