Senior Investment Valuation Analyst
Location: London - hybrid 50%
Contract: Permanent
Hours: Full time 35 hours
Purpose of the role
Support the Head of Investment Valuations in overseeing the independent valuation framework across the investment portfolio, ensuring valuations are robust, well governed, and appropriate for financial reporting, risk management, and regulatory requirements. Provide technical expertise on complex valuation matters, drive continuous improvement of valuation processes and controls, and act as a trusted partner to Investment, Finance, Risk, and senior governance stakeholders.
About Just
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Key Responsibilities
Lead independent valuation reviews and price verification across the investment portfolio, ensuring accurate and timely valuation outcomes.
Oversee valuation activity across a broad range of asset classes, including fixed income, derivatives, private credit, structured products, LPI assets, real estate, and other Level 3 investments.
Assess and challenge valuation methodologies, assumptions, models, and market data to ensure fair value principles are consistently applied.
Develop and maintain valuation approaches for new and existing asset classes, with particular focus on complex and illiquid investments.
Monitor valuation controls and investigate valuation exceptions, breaches, and discrepancies, implementing corrective actions where required.
Drive improvements to valuation models, processes, data quality, and analytical tools to enhance efficiency and accuracy.
Produce valuation reporting, management information, and committee papers to support decision-making and governance requirements.
Support the development and maintenance of liquidity models used to assess the Company's ability to meet cash flow obligations under normal and stressed market conditions.
Deliver liquidity stress testing and scenario analysis, identifying potential vulnerabilities and informing liquidity risk management.
Contribute to regulatory, audit, and financial reporting activities by providing valuation and liquidity-related analysis, insight, and documentation.
What We're Looking For
Significant experience in investment valuation, investment risk, market risk, investment finance, or asset management within a life insurer, asset manager, pension fund, investment bank, or consultancy.
Demonstrated expertise in valuing and providing oversight across a diverse range of asset classes, including fixed income, private credit, derivatives, structured finance, real estate, and other illiquid or Level 3 investments.
Deep technical knowledge of private credit (preferred) and/or derivatives is essential.
Sound understanding of derivative instruments, including repos, cross-currency swaps, interest rate swaps, total return swaps (TRS), and FX forwards, together with knowledge of illiquid and structured credit assets.
Extensive knowledge of valuation methodologies, fair value principles, and relevant regulatory and accounting frameworks, including IFRS and Solvency II
Experience of independent price verification (IPV), valuation governance, control frameworks, and the review and challenge of valuation models, assumptions, and market data.
Highly developed analytical and quantitative skills, with the ability to assess complex investment structures, valuation uncertainty, model risk, and liquidity risk.
Effective stakeholder management and communication skills, with the ability to influence, challenge, and present complex information clearly to senior leaders, committees, auditors, and external partners.
Track record of delivering process improvements and enhancing valuation systems, controls, reporting, automation, and data quality.
Degree in a STEM-related discipline, or equivalent demonstrable numerical capability. Advanced Excel skills are essential, while experience with Python or VBA would be advantageous.
Our behaviours
At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
What’s in it for you
A competitive salary, pension scheme and life assurance
25 days annual leave plus an additional day on us for your birthday
Private medical cover and income protection, just in case
A generous and highly achievable bonus scheme
Opportunities to progress your career in-role and within the company
Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
A variety of employee funded benefits available via our online benefits portal
Plus, several additional purchase options available for you and your loved ones
Explore our full range of benefits on our dedicated benefits page.
Belonging at Just
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.
We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.
Be Bold. Be Brilliant. Be Just.
Skills Required
- Significant experience in investment valuation, investment risk, market risk, investment finance, or asset management within a life insurer, asset manager, pension fund, investment bank, or consultancy
- Expertise valuing and overseeing fixed income, private credit, derivatives, structured finance, real estate, and other illiquid or Level 3 investments
- Deep technical knowledge of private credit and/or derivatives
- Knowledge of repos, cross-currency swaps, interest rate swaps, total return swaps, FX forwards, illiquid assets, and structured credit
- Extensive knowledge of valuation methodologies, fair value principles, IFRS, Solvency II, and relevant regulatory and accounting frameworks
- Experience with independent price verification, valuation governance, control frameworks, and reviewing valuation models, assumptions, and market data
- Highly developed analytical and quantitative skills, including assessment of valuation uncertainty, model risk, and liquidity risk
- Stakeholder management and communication skills for presenting complex information to senior leaders, committees, auditors, and external partners
- Track record of improving valuation systems, controls, reporting, automation, and data quality
- Degree in a STEM-related discipline or equivalent demonstrable numerical capability
- Advanced Excel skills
- Experience with Python or VBA
What We Do
We are Just, the retirement specialist. We are a FTSE-listed (ticker – JUST.L) specialist UK financial services group. We have a clear purpose - we help people achieve a better later life. We believe that every decision we make and every action we take should help us to achieve our purpose. Just differentiates itself from other financial services brands by placing social purpose at its heart with a commitment to help the many millions of people who are facing challenges in later life. We are keen to speak to talented individuals who are interested in joining our team [www.workatjust.co.uk]
.png)
