Valuation Associate recruitment

Position Category: Investment/Asset Management

Position Title: Valuation Associate

Job Level: Associate

Location: USA - NY - New York

Education Required: Bachelors Degree

Position Description:
Morgan Stanley Investment Management: Valuation Associate

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has 615 investment professionals around the world and approximately $304 billion in assets under management or supervision as of March 31, 2012. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Valuation Committee:

Within MSIM, the Valuation Committee is a cross functional team of senior managers that is responsible for valuing equity and fixed income securities, whenever market prices or vendor provided valuations are unavailable. The Committee carries out this function on behalf of the Board of Directors / Trustees of the Morgan Stanley Funds, which is responsible for ensuring the daily net asset value of each fund is fair to purchasing, redeeming, and existing shareholders. The Valuation Committee interacts with portfolio managers from around the firm, who provide expertise and insight into particular securities and market conditions, but it is the Valuation Committee, acting independently that has the ultimate delegated authority and responsibility for assessing the fair valuation of securities.

Job Description:

MSIM is looking for an Associate to work on its Valuation Committee with the Head of Fair Value. The position requires a candidate that has the ability to work as a generalist solving daily pricing issues on a diversity of public and private securities escalated from the MSIM operations team and writing memoranda and executive summaries related to fair valued securities for Valuation Committee meetings and quarterly Board of Directors meetings. The position also requires a candidate who can work as a specialist supporting the Head of Fair Value in creating and maintaining financial models and valuation analyses including discounted cash flow (DCF) and comparable company approaches on a group of private equity investments.

Skills Required:
Required Skills / Experience:

• Bachelor's degree in finance, accounting, economics or related discipline required. Master's degree a plus.

• 4-6 years experience in equity research, investment banking or private equity.

• Excellent writing skills.

• Strong analytical skills and experience in financial modeling.

• Proficiency in accounting and financial statement analysis.

• Experience using cost, income, and market valuation approaches.

• Excellent interpersonal skills.