Jobs · Management · New York

Head of Valuation

GCM Grosvenor · New York, NY · 2 wk ago
Management$200k–$275k/yrFull-time

Responsibilities

  • Setting the strategic vision for the valuation function across people, process, and technology—including the responsible use of artificial intelligence and automation—and building the organization, operating model, and tools required to deliver it at scale.
  • Leading the valuation process across the firm’s investment strategies, including private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute return strategies.
  • Oversight of the firm’s quarterly review of illiquid securities valuations across the entire capital structure including common equity, preferred equity, senior debt, mezzanine debt, and warrants.
  • Building, managing, and developing a high-performing team of valuation professionals—attracting and retaining talent, mentoring and coaching individuals, managing performance, and establishing succession plans—while fostering a culture of continuous improvement and professional development.
  • Serving as a centralized resource and subject matter expert for valuation and related information across the firm.
  • Leading valuation committee discussions, framing key judgments and conclusions, and presenting valuation matters to senior management, auditors, and other governance bodies.
  • Building deep, collaborative partnerships with the firm’s investment teams across all asset classes—private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute return—working alongside deal and portfolio professionals to understand each investment, align on valuation assumptions and methodologies, and ensure rigorous, well-supported, and timely conclusions.
  • Oversight of the daily valuation process of interval funds managed by GCM Grosvenor, including a daily assessment of the fair value of illiquid infrastructure and private equity investments.
  • Coordinating with GCM accounting teams, third-party valuation firm, and fund administrators, to ensure valuations updates are reflected in the daily net asset value of the interval funds.
  • Directing the coordination, training, and oversight of the investment professionals responsible for valuation preparation.
  • Regularly interact with other groups at the firm including accounting, fund finance, performance reporting, investments, and others.

General Education, Skills or Experience Requirements

  • BA/BS in Finance, Economics, or Accounting with outstanding academic credentials is required. A graduate degree in Business, Finance, or Economics would be additive.
  • 15+ years of financial reporting valuation experience at an independent valuation services firm, a valuation group within an accounting firm, or an alternative investment firm, including significant experience in a leadership capacity. Professional certifications are preferred (i.e., CFA, CPA, CAIA, etc.).
  • Demonstrated leadership and people-management abilities, with a track record of building, developing, and retaining high-performing teams and of leading complex, cross-functional initiatives.
  • Strong leadership and communication skills in order to establish trusted relationships across many Firm departments (Corporate Accounting, Fund Accounting and Analysis, Legal, Tax, Human Resources, Corporate Development, Investor Relations) to identify issues, analyze current processes, and implement future changes.
  • In-depth knowledge of US GAAP and proficiency in technical accounting research with respect to valuation.
  • Demonstrated ability to effectively manage organizational change and cross-collaborate with non-accounting functions.
  • A forward-looking orientation toward process, technology, and data, with a strong interest in leveraging automation and artificial intelligence to enhance the scalability, efficiency, and quality of the valuation function.
  • Highly organized and efficient – must be able to process a large volume of information and manage competing priorities with effective detail orientation.
  • Ability to operate under pressure and manage to strict deadlines.

About the Firm

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $91 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.

The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.

Cultural Fit

The successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, fast-paced and successful colleagues. They will be a naturally collaborative individual who enjoys interacting with individuals at all levels. Additionally, they will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.

Pay Information

NEW YORK ANNUAL PAY RANGE
$200,000 - $275,000 USD

Equal Opportunity Employer

M/F/D/V

Similar jobs

Head of Valuation

GCM GrosvenorChicago, IL· 2 wk ago
Management$200k–$275k/yrapply on job-boards.greenhouse.io

Head of Valuation

Obra CapitalIndiana, United States· 2 wk ago
Managementapply on workforcenow.adp.com