Head of Private Equity and Structured Credit Valuations

Job Specification: Head of Valuations, Private Equity & Private Credit

We are seeking a senior valuation professional to lead the valuation function across Private Equity and Private Credit strategies. This individual will be responsible for building and enhancing a scalable, institutionally robust valuation framework across a broad range of illiquid investments, while serving as a strategic partner to Investment, Finance, Accounting, Technology, and senior management teams.

Key Responsibilities

• Lead the valuation framework across Private Equity, Private Credit, Structured Credit, and other illiquid investments
• Establish consistent methodologies, governance standards, controls, and documentation practices
• Oversee valuation models across DCF, market comps, precedent transactions, recovery analysis, option pricing, and credit-based methodologies
• Partner with Technology and Data teams to improve valuation systems, workflows, reporting, and scalability
• Lead the design of a target operating model for valuation processes, data flows, assumptions, and controls
• Act as the senior valuation partner to Portfolio Managers, investment teams, ECM teams
• Review portfolio performance, key assumptions, and valuation impacts with investment stakeholders
• Partner with Finance and Accounting to ensure valuations are supportable under GAAP and aligned with financial reporting requirements
• Support valuation policy development, model governance, and quarter-end / year-end valuation processes
• Lead engagement with auditors and third-party valuation agents, including support for methodology and model review
• Prepare valuation reporting materials highlighting key changes, P&L movements, assumptions, and conclusions
• Present valuation conclusions and key issues clearly to senior management and governance committees

Required Qualifications

• 10+ years of experience in valuation, private markets, transaction advisory, or related roles
• Strong experience across Private Equity, Private Credit, and other illiquid investments
• Deep knowledge of valuation methodologies and modeling best practices
• Strong communication skills and ability to present to senior management and build strong partnerships with senior portfolio managers.
• Experience building or improving valuation frameworks, policies, or operating processes
• Strong partnership with Finance and Accounting teams, including GAAP-based valuation support
• Proven ability to work across Investment, Technology, Finance, Accounting, and Operations teams
• Advanced Excel and financial modeling skills
• Experience coordinating with 3rd party valuation providers

Pay Transparency

The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.