Experienced Financial Analyst, Portfolio Valuation and Fund Advisory Services (Complex Securities) - Multiple Locations

About the Role

Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With deep industry expertise, broad international reach, and a partnership approach, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory.

Within our Portfolio Valuation Complex Securities practice, we advise some of the world’s largest hedge funds, private equity funds, direct lending funds, business development companies, and other asset managers on the valuations of illiquid debt, equity, and complex securities to meet investor and regulatory financial reporting requirements. Our market-leading practice has a strong reputation with regulators, auditors, and investors, offering rapid mobilization of expert teams across a wide variety of asset classes and industries.

Financial Analysts in this practice are fully integrated members of engagement teams, working closely with a specialized team to utilize sophisticated models in valuing securities with complex structures. The role provides broad exposure to financial and valuation advisory challenges, including the valuation of complex businesses, securities, and transaction structures.

Responsibilities

• Analyzing and valuing various derivatives, structured products, loans, private equity, and other illiquid securities.
• Determining relevant valuation assumptions based on historical performance, collateral type, and economic scenarios.
• Utilizing accepted financial models, including guideline companies and transactions, discounted cash flows, Black-Scholes models, lattice models, simulation analysis, and other frameworks to derive value indications.
• Performing market research; calibrating proprietary valuation models to incorporate market-based assumptions, such as home price appreciation, prepayment rates, and foreclosure timelines.
• Reviewing and compiling published financial information, including industry research reports, remittance data, and Bloomberg data across a wide range of asset classes.
• Assisting in the preparation of client deliverables, including pitch materials and information requests.
• Participating in due diligence meetings and assisting in responding to auditor questions regarding valuation analyses.
• Presenting valuation analyses and conclusions internally to review committees, externally to clients’ senior management and boards of directors, and to fiduciaries.
• Performing financial-statement and other quantitative and qualitative assessments as required.
• Researching and drafting reports on (a) general economic conditions, (b) industry-specific conditions and trends, and (c) various investment attributes of illiquid securities.
• Assisting with sales and marketing initiatives for prospective and existing clients.
• Performing other ad-hoc research, analytics, and support for the Financial and Valuation Advisory project teams.

Requirements

• Minimum of one year of work experience at an accounting or valuation firm in a valuation capacity.
• Bachelor’s degree in Finance, Accounting, Business, or Applied Economics.
• Strong analytical abilities.

Preferred Qualifications

• Previous working experience in financial reporting valuation, especially complex securities.
• Master’s degree in a quantitative discipline (e.g., finance, statistics, mathematics, economics, engineering).
• Strong knowledge of financial instruments, derivative valuation theory, and statistical methods.
• Experience in valuing financial instruments with non-linear payoffs—including convertible bonds, warrants, derivatives, earn-outs, and complex capital structures—using closed-form solutions, binomial lattices, and Monte Carlo simulations in Python, R, or MATLAB.
• Demonstrated history of building and improving models and processes to automate routine calculations using Python and VBA.
• Proficiency in working with large data sets, performing statistical analyses in Python, and presenting results using data visualization tools.
• Strong problem-solving skills and the ability to work through complex financial models to determine key assumptions, implicit caveats, and limitations.
• Strong knowledge of Excel, Python, and other related tools used to build valuation models.
• Excellent verbal and written communication skills; ability to prepare reports and presentations for teams and clients, including graphic and written sections.
• Demonstrated ability to work cooperatively with team members.
• Ability to work independently in a fast-paced environment.
• Exceptional work ethic and attention to detail.
• Ability to manage multiple projects and interact with clients and internal management.
• Knowledge of and experience with statistical packages and data sources such as Python, R, VBA, Excel, Microsoft Office, Fincad, CapitalIQ, Refinitiv, and Bloomberg.

Pay

The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is $75,000 - $120,000. Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience, as well as the service line and location where this position may be filled.

Benefits

Houlihan Lokey provides a competitive benefits package. Current benefits offerings can be found at the following link: 2026 Benefits.