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Job category
Finance
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Employment
Fulltime
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Reference number
VAC-10020092
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Location
Amsterdam
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Contract type
Contract with Client
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Industry
Finance
About this vacancy
The Valuation Analyst role presents a unique opportunity to operate at the centre of the global private equity market as part of a dynamic and growing international team based in Amsterdam. The team is responsible for performance measurement, in-depth portfolio analysis, investor reporting and providing support to the firm’s fundraising efforts. This position will be responsible for supporting the implementation and ongoing execution of AlpInvest’s valuation policy and related processes, as well as ongoing refinement and development of valuation models and tools.
Job description
This position (together with one or more valuation analysts and the Valuation Manager) will be responsible for supporting the implementation and ongoing execution of AlpInvest’s valuation policy and related processes, as well as ongoing refinement and development of valuation models and tools. The Valuation Analysts, with oversight from the Valuation Manager, will execute the day-to-day running of the various valuation models and systems, including quality control over the inputs and outputs. The Valuation Analysts will also assist the Valuation Manager in performing valuation analytics and data management, internal/external valuation reporting and tracking valuation deliverables.
This person will report to the Valuation Manager, and will collaborate with the Valuation Committee, Investment Professionals, Portfolio & Risk Analysis, Investment & Financial Accounting, and Legal and Compliance teams within AlpInvest. Additionally, this person will interact with our external auditors.
Primary Responsibilities
Valuation Models/Tools and Technology (25% of time)
- Responsible for the day-to-day flow of information/data between valuation and accounting tools and teams
- Perform quality control checks on input and output valuation data
- Maintain and update existing valuation models/tools and develop new valuation models
- Interact on a daily basis with GTS, Investment Accounting, Investment Teams and Portfolio and Risk Analysis to ensure the accuracy and completeness of valuation related data in the accounting system
- Work closely with valuation process stakeholders on valuation issues
Investment/Fund Level Valuation Metrics and Reporting (20% of time)
- Prepare and update monthly fund and investment valuation analytics and reports
- Assist in developing trending and other key management reports
- Work closely with other areas of Investment Solutions to ensure valuation data is consistent across firm
- Maintain valuation database and assist/facilitate interactions between the database and downstream systems
- Create ad-hoc reports as required.
Monthly Valuation Process (55% of time)
- Assist in the preparation of co-investment valuations and the day-to-day execution of the fund valuation procedures
- Maintain and update key valuation inputs for use in valuation models, including key events related to portfolio companies
- Perform daily controls, checks and procedures to monitor performance of valuation tools and validate results throughout the month and at month end
- Interact and coordinate with Investment Accounting and Portfolio and Risk Analysis on valuation committee meetings and monthly/quarterly deliverables
- Prepare monthly deliverables for valuation committee and management
- Assist with identifying and developing standard processes to streamline the valuation process and increase efficiency in which valuations are prepared
Company
The Carlyle Group (NASDAQ: CG) is a global investment firm with $301 billion of assets under management and more than half of the AUM managed by women, across 456 investment vehicles as of December 31, 2021. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with over 1,800 professionals operating in 26 offices across 5 continents. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.
Department Description
AlpInvest is a leading global private equity investor with over $65 billion of assets under management as per December 31, 2021. Approximately 75% of these funds are invested in private equity funds globally, including secondary transactions, with the remainder invested directly in companies as a co-investor (equity and mezzanine) in Europe, North America and non-traditional markets. The company has approximately 185 employees based primarily in Amsterdam, New York and Hong Kong. AlpInvest is part of The Carlyle Group.
Diversity, Equity & Inclusion
At Carlyle, we know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business. As our Chief Executive Officer, Kewsong Lee, stated, “We seek to attract individuals 16565 / 16566 from a broad set of backgrounds and experiences because we know that diverse teams ask better questions and inclusive teams find better answers. Our diverse and inclusive community makes us better partners and ultimately, helps us to build better.”
Offer description
Dynamic role in international private equity;
- You will have the opportunity to work in a fast-paced environment
- You will be joining a (highly educated) team that is passionate about private equity and increasing the scalability of current systems and tools to accommodate the rapid growth of our client's investor and product base
In addition to a competitive salary, our client offers:
- Bonus
- 13th month
- Development opportunities
Candidate profile
Education & Certificates
- Master’s Degree in Finance, Economics, Accounting, Econometrics or Mathematics
- CFA or progress towards CFA is a plus
- CPA/CA/RA a plus
Professional Experience
- No work experience required, however experience in quantitative analysis, cash flow analysis, financial modelling a plus
- Excellent academic qualifications
- Experience with fair value accounting (US GAAP and IFRS) and knowledge of valuation concepts regarding debt/equity financial instruments
- Experience with database systems
Competencies & Attributes
- Strong analytical and qualitative skills
- Knowledge of R-studio and/or SQL or other coding language a plus
- Highly motivated and driven – able to work long hours during key busy periods
- Highly organized and efficient – must be able to process a large volume of information and manage competing priorities and deadlines
- Ability to work across departments and teams in a collaborative and efficient manner
- Able to communicate in English clearly and effectively - both in writing and verbally
- Detail-oriented
- Effectively identifies issues and formulates solutions
- Able to work independently and proactively manage responsibilities to completion
- Ability to take ownership of assigned tasks and responsibilities
- Advanced proficiency in Microsoft Excel