Valuation Manager

It’s never been a more exciting time to join Vistra.  

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction. 

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.  

We have an exciting opportunity for you to join our team as Valuation Manager . Reporting to the Conducting Officer responsible for the risk and valuation function, this full-time and permanent position is based in Luxembourg and offers regional coverage, allowing you to make a significant impact to our Operations department and its’ growth.

Key responsibilities:

Client servicing through means of an in-depth knowledge of client files, client communication and internal policy and process:

• Execute all regulatory roles laid down in article 17 of the 2013 Law and in Section 7 of Delegated Regulation (EU) 231/2013 under the supervision of the Conducting Officer in charge of the risk management and valuation function;
• Coordination of the AIFM valuation process to guarantee compliance with applicable law and regulation;
• Lead and manage monthly, quarterly and annual valuation processes being in charge of  the quality controls required to validate the results of the assets valuation model review;
• Design, test, coordinate the AIF financial statement oversight process with relevant AIF counterparties;
• Organise and attend valuation committees meetings presenting the results of the analysis performed by the valuation function. Supporting the AIF valuation committee in the decision making process;
• Ensure that relevant documentation is in place to support and evidence of the results of the valuation process.
• Ensure proper exchange of information between relevant AIFs parties for each of the steps of the valuation process according to internal process and procedure and valuation agreements where applicable.
• Ensure proper escalation procedure according to the identified level severity;
• Coordinate reporting process with AIF relevant parties internally with the AIFM and externally with the AIFs Sponsor and the Board of Directors;
• Ensure that all the AIFs valuation policy and procedure are up-to-date including new regulatory and legal requirements. Ensure that the AIFM Board will approve all the AIFs valuation policies at least on annual basis;
• Be the main point of contact for clients, internal and external parties (auditors, third party valuation firms and service providers etc.) business partners regarding valuation function related matters
• Coordinate reporting process with AIF relevant parties internally with the AIFM and externally with the AIF Sponsor and the Board of Directors
• Contribution to the development of the AIFM valuation function team including resources management with different profiles, experiences and exposures depending on the AIFM requirements.
• Agree and implement under the supervision of the Conducting Officer the set of key performance indicators and analysis to be provided to the attention of the AIFM management committee and to the AIFM Board of Directors;
• Develop a thorough industry knowledge and understanding of the clients business and remain up to date on the following topics:
• Valuation techniques
• Market practices
• Legal and regulatory changes

Attributes/Technical Skills:

• Build and maintain effective relationships with colleagues, clients, third parties and intermediaries
• Be a team player and be supportive towards your colleagues
• Take initiative by proactively following-up on daily matters
• Anticipate potential queries and issues. Address these queries in a timely manner by informing the responsible Conducting Officer (AIFM) and/or any other Vistra officer
• Maintain communication with clients
• Ensure that client deadlines are met
• Adhere to internal procedures at all times
• Build up an in-depth knowledge of your portfolio of clients and valuation methodologies used for various structures

Key requirements:

• Minimum of 5 years of experience with a professional services firm (preferably within the area of accounting, auditing, controlling or valuation)
• Experience in Alternative Investment strategies such as private equity, real estate, debt, infrastructure and fund of funds would be an asset
• Strong communication and organisational skills in order to meet tight deadlines
• Ability to develop and grow commercial business activity
• Proactive with a client service orientated attitude
• Ability for multiple tasks requested at the same time and set priorities
• Ability to solve problems and work independently and as a member of a team​​​​​​​
• Finance and/or Economics education at University level
   

Company Benefits:​​​​​​​

At our Luxembourg office, we believe in putting our employees’ well-being first!  We have a challenging position in an ambitious organization where no day is the same. A company with a view to the future where you can grow together with and, above all, put your own stamp on.

In addition, we offer:

• Bonus Plan, based on Group performance and individual performance
• 232 hours of holidays (29 days), plus public holidays;
• Lunch vouchers for the amount of 10.80 EUR (18 per month);
• Additional AXA Health Insurance of which pays 50% (Axa VitalPlus scheme);
• Participation in Pension Scheme, after 6 months as a employee;
• Reimbursement of your public transport costs up to the amount of 75 EUR per month for cross borders.
• Sympass card discount www.sympass.lu (Sympass gives you access to exclusive discounts on your purchases and leisure activities in Luxembourg and the Greater Region). Concierge Services available by using the SYMPASS application.
• Subsided gym membership www.factory4.lu  (Factory 4 the largest Fitness space in Luxembourg)
• Remote and adaptive work arrangement (maximum 3 days per week work from home and minimum 2 days per week work from the office after the adaptation period)
• Learning and training, i.e., via our digital learning environment ‘Skills Platform’
• Support for professional qualifications eg ACCA
• Regular social events
• Free coffee, tea and fresh fruits in our office

We supports employees’ charitable efforts by encouraging engagement in Corporate Social Responsibility (CSR) initiatives and projects to improve our impact as a company. 

If you are excited about working with us, we encourage you to apply!  Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!