Vice President / Senior Associate – Risk & Valuations

Position: Vice President / Senior Associate – Risk & Valuations
Location: New York, NY
Firm: Sound Point Capital Management

Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $46 billion in total assets, is seeking a highly analytical and detail-oriented Vice President / Senior Associate to join its Risk & Valuations team. This mid-level role will be integral to the valuation oversight of complex credit portfolios, PnL attribution, and the development of robust valuation processes and financial controls. The position involves cross-functional collaboration with investment, operations, and accounting teams and provides meaningful exposure to a wide range of structured and private credit assets.

Key Responsibilities:

Valuations Oversight & Analysis

• Support monthly and quarterly valuation processes across various asset types including CLOs (debt and equity), FinTech loans, private credit, ABS, asset-based loans, and illiquid credit instruments.
• Collaborate with investment professionals to review internal valuation models and market assumptions.
• Perform input validation and reconciliation for valuation models, and coordinate with third-party valuation providers and auditors.
• Assist in preparing and presenting materials for Valuation Committee meetings, documenting key judgments and methodologies.
• Coordinate with fund accounting teams to reconcile NAVs, valuations, and performance metrics.

PnL Attribution & Financial Analytics

• Develop and maintain tools for portfolio and position-level PnL attribution/analytics.
• Conduct daily/monthly reconciliation of income and pricing movements; partner with operations to ensure accurate NAV flows.
• Contribute to the automation of performance analytics and enterprise-level reporting dashboards.

Risk, Controls, and Governance

• Support stress testing, exposure monitoring, and ad-hoc risk analysis projects under direction of the Head of Risk & Valuations.
• Assist in the development and documentation of valuation policies and internal controls.
• Participate in governance initiatives including contributions to an Operational Risk Committee, broader firmwide risk processes, and continued ESG process enhancement.

Qualifications:

• 4–7 years of experience in asset management, private credit, valuation advisory, or structured credit.
• Demonstrated hands-on experience in valuing a range of credit instruments including CLOs, ABS, middle market loans, private credit, or specialty finance assets.
• Familiarity with valuation systems and tools such as iHS Markit, Advent Geneva, Allvue Everest, or IVP.
• Strong financial modeling skills; comfort working with large and complex data sets.
• Direct experience with third-party valuation providers and fund administrators is highly desirable.
• Undergraduate degree required; CFA or progression toward designation preferred.

Preferred Skills:

• Proficiency in Python and SQL for data analysis, controls automation, and process improvement.
• Strong understanding of PnL attribution and portfolio-level performance metrics.
• Ability to communicate valuation and risk concepts clearly to senior stakeholders across investment, operations, and finance teams.
• Team-oriented with a proactive mindset and ability to manage projects independently.

Salary Range

$125,000-$175,000 base plus bonus eligible 

Diversity Statement

At Sound Point, we are committed to building an inclusive workplace that promotes and values diversity. We believe that creating diverse and inclusive teams with employees from a wide variety of backgrounds, knowledge and experiences enhances our corporate culture and our ability to serve our diverse client base.

Equal Opportunity Statement

We are an equal opportunity employer, and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

 

(Note - This position is exempt and would not qualify for overtime pay.)