Associate / Vice President, Investment Valuations (Valuations of debt and/or equity)

Job Title: Associate / Vice President, Investment Valuations (Valuations of debt and/or equity)

Contract Type:  Permanent, full-time

Location: Warsaw, Poland

Department: Investment Office

Position Summary

The Investment Office plays the central function for deal support, portfolio monitoring, and valuation for the private equity assets of ICG. This Warsaw-based role sits within the core Valuations team and is responsible for overseeing the monthly and quarterly portfolio review and valuation process by working closely with the deal executives to review portfolio information and models, to constructively challenge the valuation assessment, and to manage the audit process to achieve robust and efficient outcome.

With strong attention to details and a hands-on approach, the individual would be expected to manage existing processes and systems while continuously identifying opportunities for enhancement and operational efficiency.  Strong interpersonal and communication skills are required as the role involves close interactions with all colleagues, notably with the deal teams, senior management, finance and funds operations, and IT. The position offers valuable insight into investment portfolio performance and portfolio management activities.

Primary Responsibilities

The responsibilities of the role include, but are not limited to:

Monthly/Quarterly Portfolio Review (QPR) and Valuation

• Review and constructively challenge individual valuation assessments and methodologies (including income and market approaches) to ensure consistency and compliance with the valuation policy for debt and/or equity investments, and uphold overall valuation quality standards
• Perform analytical procedures at the portfolio level to derive insight
• Apply valuation best practices
• Monitor market data, comparable transactions, and industry trends to support and inform valuation assumptions
• Coordinate and manage key stakeholders, including investment professionals and finance teams for information gathering and review, as well as coordinating the distribution of valuation outputs
• Manage the distribution of monthly/QPR/Valuation information
• Manage valuation-related audit procedures for both ICG plc and ICG-managed funds in respect of debt and/or equity investments
• Ensure valuations are well-supported with detailed working papers, assumptions and rationales
• Prepare the monthly/quarterly review pack for the Investment Committees and the Executive Committee, and distribute the monthly/quarterly deliverables to internal teams

Process and System Improvement

• Stay abreast of developments in valuation standards, regulatory guidance, and market best practice
• Lead and contribute to transformation initiatives aimed at enhancing portfolio monitoring and valuation systems and processes

Portfolio Monitoring and Deal Support

• Manage the information gathering, update, and monitoring of relevant statistics for deals, and perform analyses to derive insights
• Provide ad-hoc support to investment activities (e.g. deal execution and realisation)
• Provide ad-hoc support to portfolio information gathering and analysis

Key Requirements/ Qualifications

The successful candidate will ideally hold a recognised accounting qualification and possess a minimum of five years' post-qualification experience specialising in valuations.

• Demonstrable valuation experience across private equity and/or private debt investments 
• Solid accounting/ audit experience with a good commercial sense
• Advanced Excel skills and experience in financial modelling, including discounted cash flow (DCF) analysis
• Working knowledge of valuation standards (IFRS 13, ASC 820, IPEV guidelines)
• Strong understanding of bonds, loans, and private credit markets
• Infrastructure valuation background will be helpful but not required
• Strong attention to detail and a hands-on approach
• Proactive and well organised, with the ability to effectively manage multiple priorities and competing deadlines
• Strong communication and interpersonal skills

Our Global Benefits Framework is centered around these 3 key attributes:

• Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.
• Inclusivity – Fit for purpose and competitive, no matter who or where you are.
• Longevity – Long Term and sustainable in design.

Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone. By welcoming different perspectives, we strengthen ICG’s performance, enrich decision-making and contribute to better outcomes for our clients, colleagues, and the markets we serve. Accordingly, our recruitment processes provide equal employment opportunities to all applicants and employees, regardless of age, ethnicity, disability, sex, gender, sexual orientation, religion, or any other characteristic protected by local law.

We are equally committed to delivering an inclusive and accessible candidate experience. If you require information in an alternative format, additional time for assessments, an adjusted interview schedule, or any other support during the recruitment process, please let us know.