SUMMARY
As a member of the Valuation team within GCM Grosvenor’s Finance Department, the Intern will assist with valuation functions related to reporting across the firm’s private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute return strategies.
The Valuation Team manages the periodic financial reporting valuation processes across the firm, including coordination, review, and approval of all investment valuations pursuant to ASC Topic 820. This function supports consistency in valuation methodology and presentation as well as an independent review of all valuation analyses prepared by the firm with a focus on direct and co-investments. Responsibilities include guidance on required analysis and documentation as well as education and direction on best practices, policies, and specific valuation matters. The team also conducts aggregate analyses on the overall portfolios and presents summary valuation conclusions to the firm’s valuation committee.
RESPONSIBILITIES
The individual will be involved in the following critical activities:
- Independent review of illiquid securities valuations on a quarterly basis across the entire capital structure including common equity, preferred equity, senior debt, mezzanine debt, and warrants.
- Assist with the coordination, training, and direction of the investment professionals responsible for valuation preparation and preliminary concluded values.
- Assist with the maintenance and support of the firm’s iLevel cloud-based valuation reporting solution.
- Conduct aggregate analyses on the overall firm portfolios and assist with the preparation of valuation materials for presentation to the valuation committee.
- Support the team function as a centralized resource and subject matter expert for valuation and related information across the firm.
- Regularly interact with other groups at the firm including accounting, fund finance, performance reporting, investments, and others.
- Help manage third-party valuation consultants who assist with the quarterly valuation process as well as work directly with third party valuation specialists.
- Routinely handle confidential information and apply strict confidentiality and sensitivity in the dissemination of this information.
- Perform various ad-hoc and strategic projects as assigned.
GENERAL EDUCATION, SKILLS OR EXPERIENCE REQUIREMENTS
- Pursuing an undergraduate degree in Accounting, Finance, or other relevant major with a superior grade point average.
- A prior focus on the asset management segment of the financial services industry is preferred, particularly in the alternative investment sub-segment.
- Must have strong PC experience; high proficiency in MS Excel and Power BI is preferred.
- Capacity to work well in a fast paced, changing environment with a high level of flexibility.
- Excellent writing and listening skills with a proven ability to disseminate information effectively and articulate your thoughts in a clear and concise manner to both clients and co-workers.
- Proven ability to take control and manage tasks independently to closure.
- Attention to detail and concern for quality and accuracy of final product (and ability to balance that concern with deadlines).
- High degree of integrity and the ability to recognize the requirements of confidentiality.
- Demonstrated self-starter, continuous learner and independent thinker who is able to work collaboratively with others.
- Well organized and must have the ability to manage multiple tasks simultaneously in a cross functional team environment.
- Commitment to excellent client service.
- Outstanding decision making and problem solving skills.
DIVERSITY, EQUITY & INCLUSION
A diverse, engaged team is critical to our ability to successfully create and deliver value to our clients. We are committed to creating an inclusive environment where diverse professionals can thrive professionally, and we are dedicated to training, retaining, and promoting minorities, women, LGBTQ employees, veterans and individuals with disabilities. Over 55% of GCM Grosvenor employees and 43% of executive management are women and/or ethnically diverse individuals. In addition, we seek to drive a more diverse, inclusive industry through our partnership with diverse professionals organizations and by consciously working with subcontractors and vendors that are certified as minority-, women-, or persons with disabilities-owned businesses.
ABOUT THE FIRM
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.
The firm has specialized in alternatives for more than 53 years and has a diverse, engaged team of approximately 550 professionals serving a global client base. We are proud to offer our employees a comprehensive benefits package focused on health and wellness, retirement planning, and diversity and inclusion. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.
EQUAL OPPORTUNITY EMPLOYER M/F/D/V
