Now Hiring: Valuation Senior Associate - Complex Securities & Debt Valuation
Houlihan Capital, LLC is a leading, solutions-driven valuation, financial advisory and boutique investment banking firm committed to delivering superior client value and thought leadership in an ever-changing landscape.
Valuation and Financial Advisory Houlihan Capital has extensive valuation experience providing companies with objective, independent, and defensible valuation opinions that meet accounting, regulatory, and corporate governance requirements. Our analyses and reports are transparent, supportable, and clearly outline the assumptions and projections incorporated into our financial models. We consistently apply sound valuation methodologies and unbiased perspective in our work product that enables management teams and fiduciaries to make confident, informed decisions. Job Description: Senior Associate – Complex Securities & Debt Valuation Responsibilities:- Assist with the valuation of level 3 investments with a particular focus on fixed income securities, structured products, and companies with complex capital structures.
- Create/update financial models based on business issues or transactions being analyzed.
- Extensive financial analysis, cash flow modeling, industry analysis and valuation analysis of non-publicly traded equity, preferred stock, and debt securities.
- Assist in drafting presentations and reports including the preparation of tables, exhibits and charts.
- Assist team members by reviewing, researching, and managing due diligence materials.
- Conduct credit analysis, run credit models, analyze cash flows, and prepare documentation.
- Analysis and research regarding investment grade and high yield debt, including issuer credit quality, loan-to-value ratios, payment status, default history, and general interest rate environment.
- Model equity waterfalls using the Current Value Method and/or Option Pricing Method.
- Extensive financial modeling and valuation analysis of structured products (e.g., Asset-Backed Securities, Collateralized Loan Obligations, Auction Rate Securities, etc.).
- Strong quantitative aptitude and proven analytical skills.
- Balance multiple engagements and responsibilities.
- Communicate effectively with all levels of the engagement team.
- Bachelor's degree required. Advanced degree or credentials (e.g., MBA or CFA designation) a plus. Preferred majors include Finance, Accounting, or Economics.
- Strong academic credentials (Minimum GPA of 3.5).
- Relevant work experience.
- Substantial credit/risk assessment experience including strong financial analysis experience and cash flow analysis.
- Strong knowledge and experience within leveraged finance and high yield debt markets and an understanding of the key issues affecting these markets and key industry drivers.
- Relevant experience within leveraged finance credit research and documentation.
- Understanding of complex leveraged transaction structures, with a good grasp of documentation, accounting and financial modelling.
