Purpose of Position
Reporting to the Vice President, Fund Finance Valuation Analytics, the Senior Associate will assist with valuation analysis and oversight on a portfolio of investments, including but not limited to co-investments, fund investments, and direct positions. The role will form an integral part of the overall valuations process and the candidate will work closely the Pantheon Valuation Committee ( PVC ), the Fund Finance Team, the Investment Team, and the Portfolio Data & Fund Valuations Team.
Key Responsibilities
- Managing and providing guidance to the team and review team outputs on General Partners and external valuation reviews for reporting and audit purposes
- Providing valuation technical support (including industry trends and regulations) and resolving ad-hoc queries from the PVC and other Pantheon Teams
- Managing team outputs and encourage culture of best practice, thereby ensuring NAV accuracy especially for the evergreen strategies.
- Management and development of direct report(s), including regular one to ones, and annual and semi-annual appraisals, and training
- Assisting with development and implementation of valuation processes for new strategies, build efficiencies and focusing on continuous improvement.
- Managing and ensuring NAV accuracy of the evergreen strategies
- Managing the updates of Pantheon s valuation memorandum and policies at least once a year, developing new valuation policies for new product launches, and the ongoing maintenance of the policies to ensure compliance with latest accounting standards and regulatory requirements.
- Managing team deliverables and performance, creates opportunities for team members development and growth
- Managing the audit planning process, provide support and analysis to external audit teams and assisting with the management of the annual audits relating to valuations
- Managing external relationships with third-party valuation firms, auditors, and board communications where required
- Overseeing timely and accurate delivery of PVC materials (valuation of directs and co-investments, and the monthly valuations for Pantheon s regulated investment funds) and attendance at PVC meetings to provide input
- Charing or voting member of various PVC meetings, ensuring valuations are reasonable, independent of the investment function and in accordance with Pantheon s Valuation Policy
- Ensure compliance with relevant laws, regulations and Pantheon policy (including reporting compliance risks and maintaining appropriate standards of conduct
Knowledge and Experience Required
- A degree with demonstrated aptitude in quantitative and qualitative analysis preferred
- A Level Maths or equivalent is essential
- Progress towards a CEIV, ASA, ACA, ACCA or equivalent designation preferred
- Experience with valuation and operational aspects of servicing 40 Act registered funds preferred
- Private capital valuation knowledge is essential, experience with private credit and income funds preferred
- Experience in managing and having direct line report(s) is essential
- Strong understanding of valuation methodologies including good understanding of best practice valuation techniques under IPEV / IFRS / US GAAP for level 3 securities
- Accounting, or auditing experience is preferred, especially relating to private credit funds/ illiquid investments and/or company valuations
- Excellent analytical, communication (written and verbal), organisational, interpersonal, and teaming skills.
- Strong knowledge of software packages including MS Word, Excel, PowerPoint, and PowerBI
- Experience of working in a busy team with tight deadlines
This role is eligible for a discretionary bonus.
This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties as reasonably requested by your manager.
Pantheon is an Equal Opportunities employer.