Associate Vice President - Private Credit
: Job Details :

Associate Vice President - Private Credit Valuation

Experience: 6-8 years

Location: US- Hybrid

About the Role:

We are seeking a dynamic and experienced Associate Vice President to join our Private Credit Valuation Team at 73 Strings. As a Private Credit AVP, you will play a crucial role in driving innovation at the intersection of AI and Corporate Finance, collaborating with our clients and leveraging cutting-edge technology to deliver bespoke solutions for the private capital markets.

Big Four or top tier consulting experience required.

We Offer

- Significant global client exposure

- Immersion in the alternative asset management industry, technology especially AI.

- Non-linear and accelerated career growth for high performers.

- A dynamic, inclusive work culture with a flat organizational hierarchy.

Typical Day of an AVP - Private Credit Valuation:

1. Collaborate with end clients and more junior team members to gather and document requirements for valuation, research, and algorithm development.

2. Provide timely progress updates to project stakeholders and manage deliverable expectations.

3. Facilitate or oversee the onboarding of client assets into the platform, understanding and optimizing Excel models.

4. Contribute to the development of AI & ML-powered products for the financial advisory industry.

5. Test features before release and assist in product testing drills.

6. Identify and manipulate relevant data sources for AI analysis, ensuring quality and coverage.

7. Provide insights to the artificial intelligence team regarding valuation concepts and business research.

8. Test and measure the accuracy of AI models, suggesting improvements.

9. Work on portfolio valuations and various financial and statistical models.

10. Train and coach more junior team members as needed

Ideal Candidate Profile

Graduate or post-graduate with a major in Business/Finance/Statistics/Accounting, or relevant engineering background with finance interest. CFA Level 1. Big four/ Global Valuation firm experience a must.

• 6-8 years + of experience in CREDIT valuation or corporate finance (hands-on Credit experience is essential)
• Detailed understanding of credit instruments and valuation models.
• Proficiency in Python, REST APIs, Pandas, and NumPy is an added advantage.
• Strong analytical skills and ability to collaborate effectively with cross-functional teams.
• Experience in data pipeline management, data manipulation, analysis, and visualization.
• Proactive, detail-oriented, and quick to study with a systematic approach.
• Excellent written and verbal communication skills.

Founded in 2019, 73 Strings is digitalizing alternative investments by providing efficiency and intelligence to how illiquid assets are analysed, monitored, valued, and transacted, through AI-augmented solutions. These solutions offer intelligent financial analysis and data-monitoring hubs for equity and credit instruments. 73 Strings is the only firm to provide an integrated offering from data collection to valuation to reporting.

As of today, 73 Strings has developed 3 AI-augmented products that aim to assist experts in their day-to-day operations:

• Graviton X (Monitoring): Data collection and monitoring processes for investors
• Qubit X for Equity: Platform aimed towards private equity and M&A valuation
• Qubit X for Debt: End to end valuation system for debt & debt-like assets

Clients of 73 Strings hail from Europe, the US and the Middle East, and include alternative investment funds (PE, VC, credit funds, etc ), fund administrators and management companies, as well as corporates, banks, advisors, and other finance professionals. Over the last 3 quarters, 73 Strings has added clients with a combined AUM of $8 trillion.

In June 2023, 73 Strings completed a series A funding, demonstrating prime and strategic investors confidence in 73 Strings innovative technology and market potential.

The company has offices in Paris, New York, Toronto, London and Bengaluru.

THE TEAM

The current leadership of 73 Strings has extensive professional expertise in the valuation of private assets and understand the importance of informed decision-making when it comes to managing capital:

• Yann Magnan, Co-Founder and CEO: Previous experience at E&Y (Valuation Advisory) and Duff & Phelps, most recently as head of EMEA and member of the Global Operating Committee
• Abhishek Pandey, Co-Founder and Deputy CEO: Previous experience at Corporate Finance (Deloitte, Grant Thornton) and Duff & Phelps most recently as Managing Director in India
• Vinod Vijapur, Co-Founder and CTO: Previous experience in banking at HDFC Bank, Royal Bank of Scotland and at BoAML, most recently as Head of APAC Regional Applications Program Management
• Sambeet Parija, Co-Founder and CPO: Previous experience at Duff & Phelps as part of the valuation team in India having led several strategic projects across different sectors
• Jazmin Hogan, North America Lead: Previous experience at the Blackstone, Apollo and Kohlberg & Co, most recently as Director of Valuations and Analytics

The team is supported by a global network of advisors formed by highly seasoned veterans with combined 300+ years of financial advisory and private markets experience.