Manager, Valuations - job 2 of 2

Yieldstreet is looking for a dynamic, thoughtful, and team oriented Valuations professional. The Valuation's team at Yieldstreet focuses on all aspects of portfolio management including but not limited to asset management, conducting ongoing calls with borrowers/originators, monitoring ongoing deal business/construction plans, risk management, valuation, restructuring, and financial reporting on all Yieldstreet investments.

The Manager, Valuations will report directly to the CFO and will play an integral role in helping develop overall portfolio management strategy to support the growth of Yieldstreet’s platform. Additionally, they will help in the development and execution of Yieldstreet’s internal valuation & financial reporting capabilities. Yieldstreet’s platform offers & manages transactions across a variety of alternative asset classes, including real estate, specialty finance, consumer lending, litigation finance, among others, and invests across the capital stack including senior secured debt, junior debt, direct equity investments, 3rd party funds, and acquisitions. We have deployed over $3B to date across all asset classes and are looking to grow exponentially.

This role will be based out of the NYC office and requires someone to be located within a commutable distance to the office at least 3 days per week. CFA is required.

What You’ll Do

• Develop & maintain financial models to generate fair market value & NAV on the portfolio of Yieldstreet investments.
• Assist in the development & execution of a risk modeling and scoring framework.
• Assist in the development & execution of a financial reporting framework to external institutional investors.
• Assist in the day to day management of the Yieldstreet portfolio. Manage relationships on closed deals with counterparties (borrowers, originators, fund managers) to ensure progress on business plans, construction, compliance, etc.
• Review financial statements, loan documents, & other deal, loan, and collateral level documents to ensure positive performance.
• Gain exposure to the process of negotiations, workouts, & restructurings on non performing investments.
• Assist in tasks across functions including: origination, underwriting, structuring, operations, technology and marketing.

What You’ll Need

• Bachelor’s Degree or equivalent experience.
• CFA required
• CPA is a plus
• 4-7 years of asset management, credit underwriting, or valuation of illiquid alternative investments experience. Experience in financial statement analysis, financial modeling or financial valuation; preparing financial information, interpreting financial performance or assessing risk exposure.
• Ability to articulate financial concepts and information in both verbal and written forms.
• Excellent organizational skills and high attention to detail
• Proficiency in Microsoft Office, including Word, Excel and PowerPoint
• Ability to work seamlessly in a cross-functional team environment spanning multiple disciplines
• Ability to thrive in an ambiguous and fast paced startup environment

About Yieldstreet

Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.

Why Yieldstreet?

Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.

Compensation:

• HIRING SALARY RANGE: $150,000 - $200,000 (Actual salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data.) Compensation package also includes generous, bonus, benefits and equity.