Associate, Portfolio Valuation and Fund Advisory (Structured Products) - London

• Analyzing and valuing various structured products, asset‑backed loans, loan pools and other illiquid securities
• Determining relevant valuation assumptions based on historical performance, collateral type, and economic scenarios
• Utilizing a discounted cash flows framework to derive value indications at appropriate market discount margins / yields
• Performing market research and calibrating proprietary valuation models to incorporate market‑based assumptions
• Reviewing and compiling published financial information, such as industry research reports, remittance data, and market data across a wide range of asset classes
• Assisting in the preparation of client deliverables including valuation reports, pitch materials and information requests
• Participating in due diligence meetings/discussions and assisting in responding to auditor questions regarding valuation analyses prepared by Houlihan Lokey
• Participating in presenting valuation analyses and conclusions internally to review committees, externally to our clients’ senior management and boards of directors, and to fiduciaries
• Performing quantitative and qualitative assessments on distribution reports, financial statements, and other sources of information, as required
• Researching and providing initial drafts on general economic conditions, industry‑specific conditions and trends, and 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 FVA project teams as required

• Associate candidates should have 3‑5+ years of work experience
• Bachelor’s or Master’s degree in finance, accounting, business, applied mathematics, statistics, engineering, or equivalent quantitative field
• A fundamental understanding of financial valuation theory, methodologies, and applications
• Knowledge of various structured products including, but not limited to, Residential and Commercial Mortgage Securities (RMBS and CMBS), Asset‑Backed Securities (ABS), and Collateralized Loan Obligations (CLO)
• Understanding of basic probability and statistical concepts
• Strong analytical abilities including demonstrated ability to model discounted cash flows
• 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
• Excellent verbal and written communication skills; ability to prepare reports and presentations to team and clients, including graphic and written sections
• Demonstrated ability to work cooperatively with team members
• Ability to work independently in a fast‑paced environment
• An exceptional work ethic and attention to detail
• Ability to manage multiple projects and interact with clients and internal management
• Flexibility to travel to client site for due diligence meetings as required
• Knowledge of multiple valuation techniques (desirable)
• Knowledge of and experience with statistical packages and data sources such as Intex and Bloomberg (desirable)
• Python or VBA skillset (desirable)

The firm operates a hybrid work model, requiring team members to be in the office at least 4 days per week.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.