Fund Valuation Controller - Private Credit - Vice President

$150,000 - $210,000/Yr

Morgan Stanley - New York, NY

Full-time - Mid Level

New York, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Vice President of Fund Valuation Controller for Private Credit at Morgan Stanley is responsible for overseeing the valuation processes of Direct Lending Funds. This role requires a strong background in valuation, finance, and investment management, focusing on ensuring accurate and timely valuations while managing third-party specialists and internal controls. The position aims to enhance efficiency and support the portfolio management team in delivering financial reporting and investor communications.

Responsibilities

• Supervise and coordinate the production calendar to meet various valuation related deadlines
• Manage and maintain valuation model
• Manage third-party valuation specialists with investment level appraisals, detailed review of inputs, qualitative aspects and valuation models
• Research valuation related issues and prepare valuation policy documents and memos
• Manage and review administrator deliverables to ensure accurate processing of valuation of investments provided in the official books and records
• Interface with auditors and their valuation specialists in all quarterly review and audit coordination related to valuation
• Liaison with internal auditors and SOX service provider on valuation related internal controls testing and enhance controls as necessary
• Assist in improving efficiency through technology and other special projects as needed
• Retrieve and compile relevant portfolio company stats/information for financial reporting or investor reporting
• Assist portfolio management team on monthly portfolio stats and quarterly portfolio review process and deliverables
• Coordinate with shadow books service provider and review the accuracy of valuation provided
• Oversee the work assignments of analysts/associates, communicating performance expectations and providing performance feedback

Requirements

• 7-12 years of experience in valuation within finance function for an alternative investment manager with exposure to private credit, BDCs, or private equity funds
• Ability to implement valuation policy, related models, and reporting for various types of investments
• Desire to understand transaction process flows and requirements and develop processes to solve complexities as they arise
• Experience with external valuation service providers and procedures
• Knowledge of valuation principles including US GAAP and Investment Company
• Bachelor's degree with a major in Accounting or Finance
• CFA or CPA a plus
• Excellent written/verbal communication skills
• Ability to work in a fast-paced, deadline-driven environment
• Good quantitative/analytical and problem-solving skills

Nice-to-haves

• CFA or CPA certification

Benefits

• Competitive salary
• Incentive compensation
• Discretionary bonuses
• Short and long-term incentive packages
• Morgan Stanley sponsored benefit programs