Description
SUMMARY
The Head of Valuation owns the strategy, governance, and execution of the valuation function across the firm’s private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute return strategies. The Head of Valuation will set the strategic vision for the function—spanning people, process, and technology, including the responsible adoption of artificial intelligence—and will build, scale, and lead the organization required to deliver it. Responsibilities will include overseeing the management of the periodic financial reporting valuation processes across the firm, including coordination, review, and approval of all investment valuations pursuant to ASC Topic 820. In addition, the Head of Valuation will be responsible for overseeing new and growing valuation operations for investment funds to be made available to retail investors through various retail distribution partnerships or channels including registered interval funds. The Head of Valuation will lead valuation committee discussions and serve as a trusted advisor to senior leadership, working in close partnership with the firm’s investment teams across all asset classes and collaborating across Corporate Accounting, Fund Accounting and Analysis, Treasury, Legal, Tax, external and internal auditors, and the firm’s various JV partners and fund service providers.
RESPONSIBILITIES
- Setting the strategic vision for the valuation function across people, process, and technology—including the responsible use of artificial intelligence and automation—and building the organization, operating model, and tools required to deliver it at scale.
- Leading the valuation process across the firm’s investment strategies, including private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute return strategies.
- Oversight of the firm’s quarterly review of illiquid securities valuations across the entire capital structure including common equity, preferred equity, senior debt, mezzanine debt, and warrants.
- Building, managing, and developing a high-performing team of valuation professionals—attracting and retaining talent, mentoring and coaching individuals, managing performance, and establishing succession plans—while fostering a culture of continuous improvement and professional development.
- Serving as a centralized resource and subject matter expert for valuation and related information across the firm.
- Leading valuation committee discussions, framing key judgments and conclusions, and presenting valuation matters to senior management, auditors, and other governance bodies.
- Building deep, collaborative partnerships with the firm’s investment teams across all asset classes—private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute return—working alongside deal and portfolio professionals to understand each investment, align on valuation assumptions and methodologies, and ensure rigorous, well-supported, and timely conclusions.
- Oversight of the daily valuation process of interval funds managed by GCM Grosvenor, including a daily assessment of the fair value of illiquid infrastructure and private equity investments.
- Coordinating with GCM accounting teams, third-party valuation firm, and fund administrators, to ensure valuations updates are reflected in the daily net asset value of the interval funds.
- Directing the coordination, training, and oversight of the investment professionals responsible for valuation preparation.
- Regularly interact with other groups at the firm including accounting, fund finance, performance reporting, investments, and others.
GENERAL EDUCATION, SKILLS OR EXPERIENCE REQUIREMENTS
- BA/BS in Finance, Economics, or Accounting with outstanding academic credentials is required. A graduate degree in Business, Finance, or Economics would be additive.
- 15+ years of financial reporting valuation experience at an independent valuation services firm, a valuation group within an accounting firm, or an alternative investment firm, including significant experience in a leadership capacity. Professional certifications are preferred (i.e., CFA, CPA, CAIA, etc.).
- Alternative investment industry experience, particularly private equity, and an understanding of the concepts and data relating to valuation approaches and methods.
- Demonstrated leadership and people-management abilities, with a track record of building, developing, and retaining high-performing teams and of leading complex, cross-functional initiatives.
- Strong leadership and communication skills in order to establish trusted relationships across many Firm departments (Corporate Accounting, Fund Accounting and Analysis, Legal, Tax, Human Resources, Corporate Development, Investor Relations) to identify issues, analyze current processes, and implement future changes.
- In-depth knowledge of US GAAP and proficiency in technical accounting research with respect to valuation.
- Demonstrated ability to effectively manage organizational change and cross-collaborate with non-accounting functions.
- A forward-looking orientation toward process, technology, and data, with a strong interest in leveraging automation and artificial intelligence to enhance the scalability, efficiency, and quality of the valuation function.
- Highly organized and efficient – must be able to process a large volume of information and manage competing priorities with effective detail orientation.
- Ability to operate under pressure and manage to strict deadlines.
In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, fast-paced and successful colleagues. They will be a naturally collaborative individual who enjoys interacting with individuals at all levels. Additionally, they will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.
Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.
ABOUT THE FIRM
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $97 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 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.
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
Similar jobs
Est. 237,500 USD
SUMMARYThe Head of Valuation owns the strategy, governance, and execution of the valuation function across the firm’s private equity, real estate, infrastructure, illiquid credit, strategic investments, and absolute retu…
Est. 124,000 USD
SUMMARY The Senior Software Engineer will join the Technology team in a dynamic and growing alternative investments firm with a strong technology focus. This role is for a hands-on engineer who combines deep technical ex…
Est. 115,000 USD
SUMMARY The Portfolio Management team’s primary focus is to construct, implement and monitor the customized portfolios GCM Grosvenor manages within our Private Equity group. Additionally, the team more broadly performs i…
Est. 145,000 USD
SUMMARY The individual will be responsible for performing the fund accounting and analysis functions for investment partnerships and accounts managed by the Firm. GCM Grosvenor manages over $32 billion in private equity…
Est. 150,000 USD
SUMMARY The IT Service Desk Manager is responsible for leading a geographically distributed service desk team— spanning Chicago, New York, and offshore team members — and ensuring the firm’s end users receive exceptional…
Est. 195,000 USD
SUMMARY GCM's Investments Risk team is seeking an experienced professional to help shape investment and portfolio decisions across the firm's hedge fund activity, using quantitative risk analysis — including alpha decomp…
Est. 117,500 USD
SUMMARY Working as a member of the Private Equity Investments team, the Analyst will be involved in all aspects of private equity investments, including due diligence, transaction execution and investment monitoring. RES…
Est. 200,000 USD
SUMMARY The Cybersecurity Lead Engineer/Architect is the firm’s most senior individual contributor in security, joining a lean security operations team responsible for the continued evolution, design, and advancement of…
Est. 160,000 USD
Summary GCM Grosvenor is seeking an Associate to join its growing Direct Infrastructure Investments team in New York. The team invests directly in middle-market infrastructure businesses and projects across North America…
Est. 95,000 USD
GLG's FP&A team is looking for an associate to join the team. You will collaborate with departments across the business to develop insights that drive business actions. Your analysis will directly influence our decis…
Est. 77,500 USD
GLG's FP&A team is looking for an analyst to join the team. You will collaborate with departments across the business to develop insights that drive business actions. Your analysis will directly influence our decisio…
Est. 81,000 USD
The Account Manager, Growth role at GLG will be deployed in support of client relationships, strategic positioning, and as a thought partner in client negotiations and executing complex projects. Investment firms seek to…
Est. 142,500 USD
Vice President, Global Financial Services – Public Healthcare Growth The Vice President, Global Financial Services (Public Healthcare Growth) is a key commercial and people leadership role responsible for leading GLG's P…
Est. 120,000 USD
GLG is the world's leading platform for trusted human expertise. We deliver access to the freshest perspectives of the world’s experts at the forefront of their industries, so clients can gain a strategic edge. Our globa…
Est. 157,500 USD
This role leads the valuation oversight function across U.S. mutual funds, UCITS, private funds, and separate account structures. The position has end-to-end responsibility for the valuation framework, including governan…
Est. 110,000 USD
About AQR Capital Management AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to ident…
Our Recruiting Associates are front-line client service professionals and the engine of GLG. They work closely with our clients in the financial services industries -- including public equity/ private equity/ private cre…
Our Recruiting Associates are front-line client service professionals and the engine of GLG. They work closely with our clients in the financial services industries -- including public equity/ private equity/ private cre…
Est. 47,000 USD
We are seeking an energetic and detail-oriented Facilities Specialist to join our Workplace Operations team at our NYC Headquarters. In this hands-on role, you will be responsible for ensuring our 3rd and 4th-floor offic…
Est. 88,000 USD
GLG Research connects clients across all industries with data driven insights using our B2B panels built from the world’s largest and most varied source of first-hand expertise. We offer market insights by providing acce…
Est. 115,750 USD
GLG’s Compensation Team develops and supports programs that enable GLG to remain competitive in the recruitment and retention of employees throughout the organization while maintaining budgetary priorities. We are respon…
Est. 70,000 USD
GLG is seeking a tenacious, results-oriented Account Manager to join our Healthcare/Life Sciences team. In this pivotal client-facing role, you will support pharmaceutical, medical device, and diagnostic clients, playing…
Est. 70,000 USD
GLG is seeking a tenacious, results-oriented Account Manager to join our Healthcare/Life Sciences team. In this pivotal client-facing role, you will support pharmaceutical, medical device, and diagnostic clients, playing…
Est. 140,000 USD
Position Overview The Director of Commercial Operations is a senior strategic role at the leadership table of GLG’s Professional Services & Corporate revenue engine, reporting to the Global Head of Commercial Operati…
Est. 80,000 GBP
We are seeking an entrepreneurial, energetic and team-oriented professional to join the Advisory & Placements team within GLG’s Global Financial Services business unit. Our team works with senior-level member clients…
Est. 115,750 USD
GLG’s Compensation Team develops and supports programs that enable GLG to remain competitive in the recruitment and retention of employees throughout the organization while maintaining budgetary priorities. We are respon…
Est. 100,250 USD
GLG is seeking an ambitious, highly skilled and motivated Senior Associate, Corporate Tax to join our dynamic and fast-paced tax team. As a key member of our tax department, you will be responsible for supporting the day…
Est. 120,000 USD
We are seeking a Strategic Project Lead (SPL) to manage and deliver human data programs within a fast-growing new business unit within GLG. You will play a key role in providing elite domain expertise to frontier AI labs…
Est. 120,000 USD
We are seeking a Strategic Project Lead (SPL) to manage and deliver human data programs within a fast-growing new business unit within GLG. You will play a key role in providing elite domain expertise to frontier AI labs…
Est. 102,500 USD
GLG is seeking a Service Manager to service and manage client relationships for our Core Hedge Fund clients on the Financial Services segment in the Americas. A Service Manager is tasked with scoping, facilitating, manag…