Senior Manager, Private Company Valuation

Location: Baltimore, Maryland, United States; hybrid schedule with four days in the office and one day working from home per week

Base salary: $133,000–$227,000 annually for Maryland, Colorado, Washington, and remote workers

Company

Global asset management organization providing equity, fixed income, and multi-asset investment solutions to individuals, advisors, institutions, and retirement plan sponsors.

What you will do

• Prepare, monitor, and communicate fair-value recommendations for private equity and private credit investments held by company funds.
• Review company and industry information, financial statements, internal and management projections, market inputs, prior transactions, comparable companies, and comparable transactions.
• Build and apply discounted cash flow models and other accepted valuation approaches to produce documented, audit-ready conclusions of value.
• Analyze complex capital structures and address discounts for lack of marketability, preference terms, ratchet rights, stock-based compensation, and other transaction-specific features.
• Defend valuation principles and recommendations in discussions with internal stakeholders, external constituents, and auditors.
• Act as a subject matter expert, work independently, and suggest improvements to the private company valuation process.

Requirements

• Bachelor’s degree or an equivalent combination of education and relevant experience.
• 8+ years of total relevant work experience.
• Experience valuing private equity and private credit securities and analyzing complex PE/VC capital structures.
• Strong knowledge of theoretical and practical valuation concepts and standards for equity, debt, and firm-level invested capital.
• Experience developing complex financial models and integrating information from multiple sources.
• Experience with Excel and analytical or research tools such as Bloomberg, FactSet, or S&P Capital IQ.

Nice to have

• Knowledge of the AICPA Accounting and Valuation Guide for portfolio company investments.
• CFA, CPA/ABV, CVA, or ASA credential; CFA charterholder designation is strongly preferred.
• Experience valuing technology, biotech, or pre-revenue companies.
• Experience working in a middle-office environment supporting a fast-paced investment process.

Culture & Benefits

• Hybrid work schedule with one work-from-home day per week.
• Competitive compensation and annual discretionary bonus eligibility.
• Retirement plan and health and wellness benefits, including online therapy.
• Paid time off for vacation, illness, medical appointments, and volunteering.
• Family care resources, including fertility and adoption benefits.
• Inclusive work environment with opportunities for professional growth and community involvement.