Associate/Senior Associate, Valuation Control

Balyasny Asset Management (BAM) is a global, multi-strategy investment Firm with over $21 billion in assets under management. We are a diversified business, with global breadth and depth. Our Firm has a clear mission: To consistently deliver uncorrelated returns in all market environments. Today, BAM employs more than 160 portfolio managers and 1,200 investment professionals across 19 offices in the U.S., Europe, the Middle East, and Asia. We are active across six investing strategies: Equities Long/Short, Equities Arbitrage, Macro, Commodities, Systematic, and Growth Equity. We also have a dedicated private investment team, BAM Elevate, and a standalone equities unit, Corbets Capital.

ROLE OVERVIEW:

In the role of Associate/ Senior Associate, Valuation Control, the employee will be responsible for the following:

• Prepare, review and send EOD PnL reports for portfolio managers and firm management
• Provide daily commentary on material PnL swings between Flash and Official reports for the firm management and portfolio managers
• Assist in the daily overview of valuation and PnL for the firm ensuring accuracy across multiple asset types
• Understand components of daily PnL with ability to pinpoint, address and investigate cause of discrepancies
• Clear ownership and responsibility for accuracy and timeliness of EOD PnL
• Liaise with front office, risk management, quantitative and development teams about matters surrounding pricing, valuation and modelling
• Work with technology to develop and implement new reporting tools and improve reporting transparency
• Contribute on short- and long-term special projects to enhance the PnL reporting process
• Coordinate with fund administrator for month-end NAV close

QUALIFICATIONS & EXPERIENCE:

In order to effectively represent the Company and communicate with clients, the employee must be someone who has:

• 5-7+ years of experience with PnL reporting and PnL systems with at least 2 years in hedge funds or banks
• Good understanding of the PnL production and reporting process and methodology
• Broad understanding across various classes of financial products, with a particular focus on Macro (Rates, Currency, Derivatives, Commodities)
• Geneva and/or Arcesium experience is preferred
• Experience with Bloomberg is a plus
• Strong personal ownership and ability to resolve issues independently
• High degree of accuracy and attention to detail
• Ability to work with tight deadlines
• Strong problem solving and critical thinking skills
• Process improvement orientated
• Energetic with team player mentality