Job Title: Investment Valuations Manager (Core Valuations)Contract Type: Permanent, full-timeLocation: London, St PaulsDepartment: Investment OfficeReporting to: Investment Office Managing DirectorPosition SummaryThe Investment Office plays the central function for deal support, portfolio monitoring, and valuation for the private equity assets of ICG. This role based in London is to work as part core valuations team to oversee the monthly/quarterly portfolio review and valuation process by working closely with the deal executives to review portfolio information and models, to constructively challenge the valuation assessment, and to manage the audit process to achieve robust and efficient outcome.With attention to details and a hands-on approach, the individual would be expected to manage the current process and systems, and also take a fresh look at the existing setup to seek improvements. Strong interpersonal and communication skills are required as the role involves close interactions with all colleagues, notably with the deal teams, senior management, finance and funds operations, and IT. The position provides good insight of investment portfolio performance and management.Primary ResponsibilitiesThe responsibilities of the role include, but are not limited to:Monthly/Quarterly Portfolio Review (QPR) and ValuationBe the “go-to” person to plan and manage the overall process and timeline; coordinate and manage the various stakeholders, notably the deal executives and finance teams for input, also the finance teams for output distribution, including liaising with third-party valuation providersReview and constructively challenge individual valuation assessment and techniques (including DCF) to ensure consistency and compliance with the valuation policy for debt and/or equity investments, and uphold the overall quality standardPerform analytical procedures at the portfolio level to derive insightMonitor external market data and industry trends to inform valuation assumptionsLead and facilitate the Investment Committee (IC) review and discussionBe the gatekeeper and manage the distribution of monthly/QPR/Valuation informationManage the audit procedures for both ICG PLC and ICG-managed funds around valuation for debt and/or equity investmentsEnsure valuations are well-supported with detailed working papers, assumptions and rationalesPrepare the monthly/quarterly review pack for the Investment Committees and the Executive Committee, and distribute the monthly/quarterly deliverables to internal teamsProcess and System ImprovementStay on top of technical developments in relevant valuation guidance and practices and continue to seek improvements to internal valuation policies and proceduresSteer and contribute to the transformation projects to improve systems/ processes for portfolio monitoring and valuationPortfolio Monitoring and Deal SupportManage the information gathering, update, and monitoring of relevant statistics for deals, and perform analyses to derive insightsProvide ad-hoc support to investment activities (e.g. deal execution and realisation)Provide ad-hoc support to portfolio information gathering and analysisKey Requirements/ QualificationsIdeally you will have an accounting qualification with at least five years (post qualification) specialising in valuations and demonstrate the following:
Essential valuation skills and experience with private equity and debt investments
Solid accounting/ audit experience with a good commercial sense
Excellent with Excel and ideally some experience with financial modelling (e.g. discounted cashflow)
Working knowledge of valuation standards (IFRS 13, ASC 820, IPEV guidelines)
Good understanding of bonds, loans, and how private credit markets operate
Infrastructure valuation background will be helpful but not required
Attention to detail and hands on
Proactive and well organised, managing multiple tasks with priority
Strong communication and interpersonal skills
Our Global Benefits Framework is centered around these 3 key attributes:Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.Inclusivity – Fit for purpose and competitive, no matter who or where you are.Longevity – Long Term and sustainable in design.ICG will provide equal employment opportunity to all employees and applicants for employment. No employee will be discriminated against in hiring or employment because of race, colour, sex, age, disability, religion, national origin, marital status, sexual orientation, gender identity and/or expression, ancestry, military status, genetic information, or any other basis protected by applicable federal, state or local law.ICG will provide equal employment opportunity to all employees and applicants for employment. No employee will be discriminated against in hiring or employment because of race, colour, sex, age, disability, religion, national origin, marital status, sexual orientation, gender identity and/or expression, ancestry, military status, genetic information, or any other basis protected by applicable federal, state or local law.
