Job Profile:Valuation Senior Associate - FinTech
Job Location:London
Preferred Years of Experience:4 years
Making Capital Efficient
// About The Role
We are looking for an enthusiastic and energetic associate to join our team of incredibly talented engineers and experienced financial advisory & valuation professionals. Working as a Valuation Senior Associate at 73 Strings means you will work on functional valuation aspects, required in building products that use cutting edge technology to deliver innovative solutions for the financial services industry and managing the clients independently. Be one of the first to explore the unchartered territories at the intersection of AI and Corporate Finance.
// Responsibilities
Work with the product development team on developing the various equity valuation products/features we are building for the financial advisory industry.
Work on complex portfolio valuations, equity waterfalls, and various financial and statistical models.
Managing the clients independently and interacting with them (private equity/ venture capital/etc.) across geographies.
Work on portfolio valuation related projects, business research and valuation projects.
Identify relevant sources of data that can help fuel the analysis by our AI-powered platform and evaluate the quality, cost, and coverage of these databases.
Help the technology team in understanding important concepts in valuation, business research and corporate finance so that they can develop effective algorithms and workflows to automate these tasks.
Test the performance and measure the accuracy of the platform to build and suggest improvements.
Create in-depth research reports on various companies and funds operating in a variety of different industries and countries.
Assist the Project Managers on various testing drills of valuation functionalities.
// Qualifications
Graduate or post-graduate qualification in Finance/Statistics.
A minimum 4 years of work experience with a financial advisory or valuation consulting firm
Critical thinking and time management skills required.
A good understanding of Financial Statements and should know how to analyze them. Also, the candidate should understand the intricacies of Business/ Portfolio Valuation.
A candidate with great research skills.
Understanding of various methodologies and approaches of valuations.
Understanding the Metrics used by Venture Capitals in their decision-making.
Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
Strong written, verbal, and collaboration skills.
// About Us
OVERVIEW OF 73 STRINGS
Founded in 2019, 73 Strings is digitalizing alternative investments by providing efficiency and intelligence to how illiquid assets are analysed, monitored, valued, and transacted, through AI-augmented solutions. These solutions offer intelligent financial analysis and data-monitoring hubs for equity and credit instruments. 73 Strings is the only firm to provide an integrated offering from data collection to valuation to reporting.
As of today, 73 Strings has developed 3 AI-augmented products that aim to assist experts in their day-to-day operations:
- Graviton X (Monitoring): Data collection and monitoring processes for investors
- Qubit X for Equity: Platform aimed towards private equity and M&A valuation
- Qubit X for Debt: End to end valuation system for debt & debt-like assets
Clients of 73 Strings hail from Europe, the US and the Middle East, and include alternative investment funds (PE, VC, credit funds, etc…), fund administrators and management companies, as well as corporates, banks, advisors, and other finance professionals. Over the last year, 73 Strings has added clients with a combined AUM of $8 trillion.
In June 2023, 73 Strings completed a series A funding that w as led by Blackstone Innovations Investments, Blackstone's early-stage strategic investment arm, and Fidelity International Strategic Ventures (FISV), with participation from Broadhaven Ventures. This demonstrates prime confidence in 73 Strings’ innovative technology and market potential.
The company has offices in Paris, London, New York, Toronto, London, Sao Paolo and Bengaluru.
THE TEAM
The current leadership of 73 Strings has extensive professional expertise in the valuation of private assets and understand the importance of informed decision-making when it comes to managing capital:
Yann Magnan,Co-Founder and CEO: Previous experience at E&Y (Valuation Advisory) and Duff & Phelps, most recently as head of EMEA and member of the Global Operating CommitteeAbhishek Pandey,Co-Founder and Deputy CEO: Previous experience at Corporate Finance (Deloitte, Grant Thornton) and Duff & Phelps most recently as Managing Director in IndiaVinod Vijapur,Co-Founder and CTO:Previous experience in banking at HDFC Bank, Royal Bank of Scotland and at BoAML, most recently as Head of APAC Regional Applications – Program ManagementSambeet Parija,Co-Founder and CPO: Previous experience at Duff & Phelps as part of the valuation team in India having led several strategic projects across different sectorsJazmin Hogan,North America Lead: Previous experience at the Blackstone, Apollo and Kohlberg & Co, most recently as Director of Valuations and AnalyticsCeline Bes,EMEA Lead, Previous experience in Investment Banking and Valuation at Goldman Sachs and Private Equity and Transaction Advisory at E&Y.The team is supported by a global network of advisors formed by highly seasoned veterans with combined 300+ years of financial advisory and private markets experience.
