About this role
About this role
BlackRock Climate Infrastructure (BCI), formed in 2011 as BlackRock's first private infrastructure strategy and managing over $11 billion of committed capital, is seeking an Associate to join its global team based in the New York office. The Associate would work on its flagship developed markets strategy (Global Renewable Power) and its flagship blended finance strategy focused on emerging markets (Climate Finance Partnership).
This position will play a key role in driving the origination, execution, and oversight of direct equity investments made into climate infrastructure. This individual will be expected to work closely with the team to cultivate industry relationships, to originate and execute on investment opportunities and to manage those investments over time.
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The candidate assumes a multi-faceted role which requires a passion for climate infrastructure investments (i.e. renewables, BESS, EV, T&D, etc.), energy experience, and strong analytical and conceptual skills.
Responsibilities include
- Financial Modeling: developing, utilizing, and analyzing financial models to evaluate investment opportunities.
- Due Diligence and Execution: working with the team to assess and execute new investments, including due diligence, financial review, preparation of presentation materials for investment committee, assessing key investment risks and potential mitigants, etc.
- Serving as Secretary for CFP's Climate Impact Committee, a client facing role that involves coordination, preparation and facilitation of investor meetings and discussions regarding CFP's ESG risk management and impact reporting.
- Market research: Performing market research, including research on potential investments, renewable energy policy and markets, industries, country macroeconomics, competitors, technology, etc.
- Portfolio Monitoring: assist in the monitoring of portfolio companies including analysis of corporate development, financing opportunities, analyzing budgets and performance, interacting with key members of management, ongoing interaction with our technical teams, and positioning business to be prepared for exit.
Qualifications
- 4+ years of previous investment banking and/or principal private equity or infrastructure investing experience.
- Undergraduate degree with strong academic background; MBA and/or other graduate degree is helpful.
- A keen interest in climate infrastructure and the energy transition.
- Experience working in climate infrastructure is required.
- Demonstrable financial modeling and investment evaluation skills.
- Strong presentation skills as well as strong oral and written communications skills.
- Team player that can manage multiple workstreams with stakeholders both across the firm and externally.
- Enthusiasm and commitment to working in a friendly, entrepreneurial, team environment is critical.
- Hands-on approach, and willing to dig-in on problems to drive solutions and outcomes.
- Experience in investing in emerging markets is a plus.
For New York City only: The salary range for this position is $0 - $0. 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 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. 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.