Senior Associate, Complex Securities Valuation

About the role

This role is responsible for working within a team environment to actively assist in the analysis and resolution of client matters while taking direction and receiving guidance from management members. The Senior Associate will execute and deliver challenging valuation and appraisal engagements, participating in all aspects of the project from initial proposal preparation through marketing and concluding with the presentation of final analyses. Additionally, the role involves assisting with business development activities and appraisal reviews.

Responsibilities

• Assists with the delivery of projects related to the valuation of illiquid and complex securities, hard-to-value assets, financial derivatives (including over-the-counter derivatives), and structured products.
• Constructs financial models used in the valuation of complex financial instruments for financial reporting, tax and regulatory compliance, transaction support, and corporate strategy.
• Uses mathematical and statistical financial models for valuations of multiple asset classes including complex securities, options, derivatives, and credit instruments, including but not limited to, Monte Carlo simulations and Lattice Models.
• May aid in the delivery of services related to hedge advisory, strategic assessment, model validation, economic studies, and other advisory projects.
• Prepares necessary exhibits and memos in illustration of complex issues.
• Composes narrative reports in support of valuation analyses.
• Documents and maintains all appropriate aspects of work product.
• Ensures quality controls are adhered to in association with all work products.
• Participates in internal and external client meetings.
• Performs related company, industry, and economic research.
• Assists and provides guidance to peers and staff members in the development of project plans and timelines for deliverables.
• Other duties as required.

Requirements

• Bachelor’s degree, required. Focus in Accounting, Finance, Financial Engineering, Actuarial Science, Risk Management, Mathematics, Computer Science, Statistics, or Economics, preferred.
• Graduate Degree or relevant credential (e.g., FRM, CFA), preferred.
• Two (2) or more years of experience within an accounting firm, independent advisory firm, bank, or other financial services firm, preferred.
• Experience with valuation of complex financial instruments (complex securities) or derivatives, preferred.
• Prior experience in financial reporting valuation and appraisal review, preferred.
• Experience in business valuation and intangible assets, preferred.

Skills

• Superior verbal and written communication skills.
• Superior analytical and research skills.
• Solid organizational skills and ability to meet project deadlines with a focus on details.
• Ability to successfully multi-task while working independently or within a group environment.
• Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously.
• Capacity to build and maintain strong relationships with internal and client personnel.
• Ability to encourage a team environment on engagements and contribute to the professional development of assigned personnel.
• Executive presence and ability to act as primary contact on assigned engagements.
• Ability to successfully interact with professionals at all levels.
• Proficiency in the use of Microsoft Office Suite, specifically Excel, PowerPoint, and Word, required.
• Prior experience with Capital IQ, FactSet, SNL, or Bloomberg, preferred.
• Prior experience with Intex, Moody’s Analytics, Crystal Ball, R, Python, and other industry software, preferred.
• Proficiency in one of the following statistical software packages: Matlab, Stata, Octave, Mathematica, etc., preferred.
• Ability for intermittent travel within the US and internationally required.

Qualifications

• CFA, FRM, CPA, AM, ASA, or other valuation industry credentials, preferred.

Pay

Individual salaries are determined after consideration of numerous factors including the candidate’s qualifications, experience, skills, and geography.

• National Range: $90,000 - $110,000
• Maryland Range: $90,000 - $110,000
• NYC/Long Island/Westchester Range: $90,000 - $110,000

Benefits

BDO provides a comprehensive Total Rewards benefits package, including:

• Employee Stock Ownership Plan (ESOP), offering participants a stake in the firm’s success through beneficial ownership.
• Additional benefits may be subject to eligibility requirements.

About Us

At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world.