Us Private Capital - Investment Grade Private Credit Investor - Associate

Description

About this role

The Investment Grade Private Debt team manages a group of portfolios of totaling approximately $15 billion of privately placed debt for a growing group of BlackRock insurance company clients. The team sources, underwrites and manages positions in the portfolios in conjunction with the BLK Financial Institutions Group.

Key Responsibilities:

• Deal assessment and execution: working with the team to assess and execute Investment Grade Private Credit investments. This will include conducting due diligence, facilitating private asset risk screening and other compliance approvals required for the transaction, modeling portfolio allocations, and coordinating with external and internal parties to ensure smooth deal settlement
• Market research: follow industry updates and developing themes, research on potential investments
• Credit monitoring: tracking quarterly earnings and following news/ updates on existing portfolio companies
• Client relationship management: coordinating with client relationship managers and product strategists on answering client inquiries and preparing client presentation materials
• Portfolio management: assist in the management of investments in the portfolio, utilizing Aladdin platform to produce regular portfolio reports; manage internal rating, watchlist and amendment status; monitor portfolio cash positions; work across back office teams to ensure a smooth operational experience for both internal and external clients

Knowledge / Experience:

• A self-starter with the ability to work independently and with minimal guidance, knowing when to raise issues as appropriate. Must be able to work as part of a collaborative team, and assume additional responsibilities as required
• Strong understanding of operational and investment processes
• Experience in Corporate Bonds is desirable but not a requirement.
• Able to manage workload effectively and deliver quality work on schedule
• A good understanding of accounting and/or leveraged finance / project finance modeling
• Sound analytical and problem-solving skills, with the ability to summarize issues and think creatively
• Highly numerate with developed quantitative capabilities
• Experience with Aladdin portfolio management and trading tools is a strong plus
• The ability to build and maintain successful relationships with colleagues across the firm and with external parties
• Deep knowledge of Microsoft Office suite (PowerPoint, Excel, Word); very strong Excel skills are required
• A keen interest in private credit investment
• An undergraduate with a degree in finance, economics, accounting, or business

For New York City only: The salary range for this position is $142,500 - $170,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our Benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.