Valuation Officer

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.

Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Job Specification

• Challenge and validate financial models for the valuation of complex exotic OTC derivatives and strategies (such as various types of swaps (dispersion, variance, correlation, CMS) or options/ option strategies (dual digital, dispersion, CMS, volatility straddle) private equity and venture debt investments.
• Regularly validate counterparty valuations for such complex financial derivatives and valuation recommendations or valuation reports for asset classes like private equity or venture capital under tight fund deadlines.
• Analyse events (corporate or other) with regards to valuation, such as restructurings or special market developments.
• Prepare the back testing for target fund investments and analyze deviations between the audited financial statement and the corresponding capital account statemen as part of the audit process.
• Prepare and present proposals for valuation decisions to the valuation committee including senior management.
• Monitor the fund's compliance with relevant laws, regulations and fund documentation.
• Build bridges to clients and external parties like auditors or valuation service providers and communicate internally with all levels of the company to effectively achieve goals and meet expectations.
• Contribute efficiently to new projects such as the onboarding of new clients. 

Skills Required

• At least 5 years of professional experience in a comparable role, eg in an asset management or a big4 company, corporate finance, deal or risk advisory.
• Background in a preferably quantitative discipline, eg master's in mathematics, physics, engineering, econometrics.
• Excellent understanding of mathematical finance and financial modelling skills.
• Very strong command of ICE/SuperD GUI to set up complex OTC derivatives, Refinitiv, Bloomberg including Bloomberg Pricers.
• Team spirit and communication skills including a critical mindset.
• Flexibility and ability to manage various tasks under tight deadlines.
• Excellent understanding of the regulatory, valuation and accounting environment in Luxembourg for alternative asset managers (eg AIFM Directive resp. CDR 231/2013, CSSF 18/698, IFRS, CSA Valuation).
• Strong command of Microsoft Excel and Word.
• English proficiency: additional languages, especially German, are considered an asset.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.