Valuations Associate

About BII

British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential. 

It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people. 

In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.

BII at a glance

Over 75 years supporting sustainable business growth in developing and emerging markets

More than £8.8 billion in net assests

1,400+ businesses invested in

950,000 workers in the businesses we support 

650+ people in our diverse global team

3 key development objectives: Productive | Sustainable | Inclusive

Team and role overview

• The Valuation team is responsible for managing and independently overseeing the valuations of all BII’s direct investments. The team is based in London and India and is expected to grow in line with the growth of the Company.

The Role

Purpose

BII’s policy is to measure all investments at fair value in accordance with IPEV guidelines. Investments are increasingly being made with larger ticket sizes and more complexity. BII’s portfolio consists of a broad range of investments, from innovative early-stage technology businesses through to large infrastructure and climate investments. 

In this role, you will primarily be responsible for the valuation and reporting of BII’s debt portfolio with exposure to equity valuations also. Responsibilities include: compiling and analysing data from internal and external sources; developing and maintaining the debt valuations models; liaising with investment and portfolio teams to understand investment structures and performance; preparing high-level analysis of the debt portfolio and presenting the findings and valuations to senior management.

Responsibilities

Valuation Process

• Preparing valuation models using various methodologies including discounted cashflows and scenario analyses
• Assist with reviewing valuations as required
• Track and manage quarterly deliverables
• Assist with identifying and developing checks, templates, and standard processes to streamline the valuation process and add efficiencies
• Identifying opportunities for automation and data integration
• Support the development of recommendations for implementation of controls and best practices

Valuations Data & Analysis

• Assist with sourcing market data for the debt and equity valuations
• Maintain and update key valuation inputs in the valuation models
• Organizing, analysing, and explaining large data sets with the ability to clearly communicate findings
• Interact with colleagues including finance, investment and portfolio teams to develop business requirements for future-state valuation automation and database

Reporting

• Collaborate with the finance team to ensure data between valuations and accounting are reconciled
• Develop and maintain valuation reports, not limited to Valuations Steering Committee reports, back testing, value attribution and portfolio analysis etc.
• Assist with preparing materials in advance of quarterly valuation meetings
• Create ad-hoc reports as required
• Present valuation results to the Valuations Steering Committee

The Candidate

Background, skills, aptitude

The ideal candidate will have a good selection of the following:

• Deep understanding of valuation methodologies specific to private equity and private debt
• Data analysis experience
• Good knowledge of Bloomberg, Capital IQ, and other similar software
• Experience with Microsoft Excel and programming skills preferred (ideally VBA / Python etc.)
• Experience and a demonstratable interest in systems, databases and data: ability to validate models and design reports for valuation purposes
• Ability to prioritise and organise own workload to meet deadlines
• Ability to analyse large datasets and attention to detail
• A team player with a proactive approach and good interpersonal skills
• Candidates should be motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background. 

Please provide a cover letter with your application

Salary: Competitive