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Waterfall Asset Management LLC

Analyst, Valuations

Waterfall Asset Management LLC, New York, New York, us, 10261

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Analyst, Valuations

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Waterfall Asset Management LLC

Company Information

Waterfall Asset Management, LLC is an SEC-registered alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity. Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who were early leaders of the ABS industry, and who together have over 60 years of proven ABS/Loan credit analysis, trading, banking, and servicing experience. Waterfall seeks to provide its client a compelling risk/return profile which is generally uncorrelated to most traditional investment opportunities. Waterfall is headquartered in New York, with additional offices in London, and Dublin. As of June 1, 2025, Waterfall approximately $13.1 billion in assets under management.

Responsibilities

The primary responsibility is to perform monthly independent price verification (“IPV”) Waterfall’s various funds and accounts with a focus on Commercial Real Estate (WL Debt, Equity and Bond formats) held by Waterfall’s various funds and accounts

Monitor investment performance and sector trends to inform significant valuation assumptions

Partner with Portfolio Management teams to produce ad hoc reporting and analytical deliverables

Utilize applications such as Intex, Argus, and Bloomberg to value a variety of alt credit products

Build excel-based cashflow models for bespoke investments

Assist in preparation of monthly presentations detailing investment and sector-level performance that will be presented to senior management and LP’s

Build and maintain relationships with core constituencies including Front Office, Accounting, Business Development, and Operations

Drive enhancements and improvements to the group’s processes, procedures, offshore resources, and use of technology

Qualifications and Education Requirements

Bachelor’s Degree in Finance, Economics, Accounting, or similar field (CFA and/or CPA a plus)

1-5 years of experience in valuations, transaction services, consulting, or other relevant analytical roles

Experience in the valuation or modeling of Commercial Real Estate assets (Loans, Equity, CMBS, CRE CLO, Agency Multifamily)

Proficiency in Excel, VBA, and Argus

Strong interpersonal skills to confidently and competently handle interactions with deal professionals

Experience with business intelligence platforms such as Databricks, Qlik, Tableau, Power BI a plus

Experience with data science languages such as Python or R a plus

Experience with other products including Consumer Lending, Capital Markets, Private Credit, ABS, and Financial Accounting a plus

Seniority level

Entry level

Employment type

Full-time

Job function

Sales, General Business, and Education

Industries

Wireless Services, Telecommunications, and Communications Equipment Manufacturing

New York, NY



$70,000 - $80,000



2 weeks ago

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