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Valuations Analyst/Associate
New York
Credit Funds
Ref #
3360
Date published
13-May-2024

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $49 billion of assets under management as of March 31, 2024. Founded in 1998, Fortress manages assets on behalf of over 2,000+ institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone; we strive to generate strong risk-adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.

About the Position

Fortress Investment Group is seeking a Valuation Analyst/Associate within its Credit Funds business.  The position will be a highly visible and key role on the Valuations team, assisting in the fair value determination of private investments within the Credit Funds business. 

Responsibilities:

  • Oversight and in-depth review of monthly valuations of the Credit Funds’ investments
  • Review internal valuations utilizing a variety of valuation techniques including discounted cash flow analysis, comparable company analysis, precedent transactions analysis, and other methodologies with asset managers and investment professionals to understand movements in valuations.
  • Assist in the on-going analysis of the portfolio by reviewing complex financial models, key valuation assumptions and performance indicators, projected cashflows, and by tracking significant events for each asset.
  • Prepare the results of valuations analysis, highlighting key findings. Compile valuations and supporting information and prepare summary packages to be reviewed by senior management and Valuation Committee
  • Liaise with our auditors by gathering pertinent information requests and tracking documentation.
  • Assist with policy and procedure reviews across Credit regarding Valuation to ensure consistency and accuracy.
  • Develop strong relationships and effective lines of communication with colleagues and third parties (including Credit Funds senior management, investment teams, asset management, fund accounting, and auditors)

Qualifications:

  • The ideal candidate will have 2-4 years of relevant experience.
  • Must have hands on experience with private valuations (debt and and/or equity valuations)
  • Bright, quick learner, reliable, self-motivated, self-starter
  • Strong personal ownership and ability to resolve issues independently.
  • Strong problem solving and critical thinking skills
  • Strong interpersonal (verbal and written communication) skills, including experience presenting / communicating with senior managers.
  • Process improvement orientated with a demonstrated track record of implementing enhancements.
  • Ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment.
  • High degree of accuracy and attention to detail.
  • Advanced proficiency in Microsoft Excel is expected.
  • Working knowledge of Bloomberg and Wall Street Office is preferred.
  • Alternative asset management experience, bank valuation or marking agent experience preferred
  • Ability to interpret a Credit Agreement is a plus.
  • Ability to build a discounted cashflow model is a plus.
  • CFA designation (or working toward) is a plus.
The base salary range for this position is expected to be between $115,000 and $135,000.

The base salary range proposed for this role has been set forth to comply with local law, but salary is only one element of the total compensation for this role. The base salary range suggested above does not include compensation elements such as bonuses, overtime and deferred cash (each of which are applicable in certain roles), benefits, perquisites, and company contributions to employee 401(k) accounts. Such other pay components often result in total compensation materially exceeding base salary for a particular role. Total compensation as well as base salary for a role depend in part upon individual performance, years of service, experience, geographic considerations, the performance and the needs of particular business units, company performance, and general market conditions.
Maximum Salary
135,000
Minimum Salary
115,000


Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.