Vice President, Valuation Specialist

  • Galaxy Digital
  • New York, NY
  • May 13, 2022
Full time Other

Job Description

Who We Are:

At Galaxy we are building products and services to help the world invest in economic progress. We believe crypto and blockchain innovations will permeate and improve all aspects of our global economy. Our vision is a society where value and ownership flow as freely as information. Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals access and navigate the crypto economy. As one of the most well-capitalized and trusted companies in the industry, we provide platform solutions custom-made for a digitally native ecosystem across multiple synergistic business lines: Trading, Asset Management (passive and active strategies), Principal Investments,  Investment Banking Services, and Mining. Galaxy’s CEO and Founder Michael Novogratz leads a team of crypto enthusiasts, and institutional veterans focused on the future of finance and Web3. The Company is headquartered in New York City, with offices in Chicago, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.

Additional information about the Company's businesses and products is available on www.galaxydigital.io.

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.

Who You Are:

Galaxy Digital is seeking a highly skilled, experienced hands-on Valuation Specialist to join our rapidly growing organization. You will need to be able to function in an environment that is rapidly growing and constantly changing. A desire to dig into the details and roll up your sleeves is required, but you will also be expected to present to senior management tailoring your presentations appropriately. Working with the front office principal investments team will be a critical component of this role.

What You’ll Do:

  • Report directly to the Director, Head of Valuation and interface directly with the investment teams, auditors and controls testers and senior management team members
  • Maintain a deep understanding of the crypto industry and the Galaxy portfolio of investments
  • Prepare complex valuations of on-balance sheet investments portfolio quarterly (80+ investments and growing); investments include:
    • common stock, preferred shares, trust units, LP / LLC interests, convertible notes, warrants, SAFE’s, etc.
    • Predominantly seed investments, Series A & B funding rounds
    • Majority in the crypto space
  • Once the team expands, manage one analyst, though not immediately
  • Help develop, implement and upgrade controls and procedures
  • 40 Act analyses
  • Work closely with various front office and back-office teams
  • Supervise valuations of purchased intangibles for future acquisitions
  • Perform annual goodwill and purchased intangibles impairment analyses
  • Special projects, as needs arise

What We’re Looking For:

  • 5-7+ years’ experience in valuation (valuation, M&A, other financial analyses) with direct experience in valuing venture investments with complex capital structures.
  • Outstanding technical knowledge of valuation techniques and ability to step back from the engagement results.
  • In-depth technical knowledge in corporate finance, valuation methods and accounting (US GAAP)
  • Strong analytical and problem-solving skills, ability to prioritize tasks and manage multiple assignments.
  • Highly proficient in written and verbal communication.
  • Sense of responsibility and professional behavior promoting teamwork
  • Good interpersonal skills (with both clients and co-workers)
  • Detail oriented
  • Bachelor’s Degree in Finance, Economics or Business Administration

Bonus Points:

  • CFA charterholder
  • Master’s degree in Financial Mathematics, Finance, Business Administration

Preferred Qualifications

  • Experience managing a team

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxydigital.io.