Ankura Consulting Group, LLC
Director, Transaction Advisory Services (Financial Services Valuation)
Ankura Consulting Group, LLC, Chicago, Illinois, United States, 60290
Ankura is a team of excellence founded on innovation and growth.
Transaction Advisory Services, Financial Services Valuation - Practice Overview:
Clients depend upon Ankura's professionals to provide insightful and thorough valuations. Ankura offers a full range of services to clients who depend on us to provide insightful and thorough valuations that enable them to make informed business decisions. Our Financial Services professionals are experienced in many facets of valuation and are skilled at providing expert testimony, as well as defending our valuation before various regulatory bodies and the Internal Revenue Service.
Role Overview:
Our professionals are experienced in utilizing a variety of valuation standards, approaches and methodologies including:
Standards of value including fair market value, fair value, intrinsic value, and investment valueResponsible for managing and developing a staffOversight of on going projects and client relationshipsPremises of value including going concern, fair market, and liquidationValuation approaches and methodologies including:Market approach: guideline company method, merger and acquisition (transaction) method, market pricing for services, compensationSales comparison approach; utilizes recent transactions, selection of appropriate units of comparisonIncome approach: discounted cash flow method, capitalization of earnings method, etc.Asset approach: discrete/collective revaluation of assets and liabilitiesCost approach: estimation of costs to replicate a service or assetFinancial statement analysis including ratio, common-sized, and trend analysesDiscount/capitalization rates including buildup method, capital asset pricing model, weighted average cost of capital, and other quantitative approachesMinority interest discounts/control premiumsDiscounts for lack of marketability including restricted stock studies, pre-IPO studies, and other quantitative methodsIntangible asset valuations, entity valuation issues regarding C-corporations, S-corporations, partnerships, sole proprietorshipsRequirements:
Minimum of 5 years of experience with direct experience in performing bank valuations for financial reporting purposes. This experience will include valuing loan portfolios, core deposit intangibles and customer relationship intangiblesUndergraduate degree required, emphasis in Finance, Accounting or Economics preferredValuation experience in other segments of financial services such as: insurance brokerage, specialty finance and mortgage banking a plusProgress towards achievement of ASA, CVA, CPA, and/or CFA designation is a plusApplicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Senior Associate/Director level will be determined throughout the evaluation process.
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Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email accommodations@ankura.com or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.
Transaction Advisory Services, Financial Services Valuation - Practice Overview:
Clients depend upon Ankura's professionals to provide insightful and thorough valuations. Ankura offers a full range of services to clients who depend on us to provide insightful and thorough valuations that enable them to make informed business decisions. Our Financial Services professionals are experienced in many facets of valuation and are skilled at providing expert testimony, as well as defending our valuation before various regulatory bodies and the Internal Revenue Service.
Role Overview:
Our professionals are experienced in utilizing a variety of valuation standards, approaches and methodologies including:
Standards of value including fair market value, fair value, intrinsic value, and investment valueResponsible for managing and developing a staffOversight of on going projects and client relationshipsPremises of value including going concern, fair market, and liquidationValuation approaches and methodologies including:Market approach: guideline company method, merger and acquisition (transaction) method, market pricing for services, compensationSales comparison approach; utilizes recent transactions, selection of appropriate units of comparisonIncome approach: discounted cash flow method, capitalization of earnings method, etc.Asset approach: discrete/collective revaluation of assets and liabilitiesCost approach: estimation of costs to replicate a service or assetFinancial statement analysis including ratio, common-sized, and trend analysesDiscount/capitalization rates including buildup method, capital asset pricing model, weighted average cost of capital, and other quantitative approachesMinority interest discounts/control premiumsDiscounts for lack of marketability including restricted stock studies, pre-IPO studies, and other quantitative methodsIntangible asset valuations, entity valuation issues regarding C-corporations, S-corporations, partnerships, sole proprietorshipsRequirements:
Minimum of 5 years of experience with direct experience in performing bank valuations for financial reporting purposes. This experience will include valuing loan portfolios, core deposit intangibles and customer relationship intangiblesUndergraduate degree required, emphasis in Finance, Accounting or Economics preferredValuation experience in other segments of financial services such as: insurance brokerage, specialty finance and mortgage banking a plusProgress towards achievement of ASA, CVA, CPA, and/or CFA designation is a plusApplicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Senior Associate/Director level will be determined throughout the evaluation process.
#LI-Hybrid
#LI-AE1
Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email accommodations@ankura.com or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.