About this role
BlackRock is one of the world's preeminent asset management firms and a best-in-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from meticulous fundamental and quantitative active management approaches aimed at improving outperformance to highly efficient indexing strategies designed to gain broad exposure to all capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and pooled investment vehicles, and the industry-leading iShares® ETFs.
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The BlackRock's Fundamental Fixed Income group handles more than $1.2 trillion in fixed income assets. The platform offers an array of fixed income products designed to meet specific client risk and return profiles. Incorporating the expertise of BlackRock's sector specialists, each client portfolio is tailored to reflect specific investment guidelines and objectives with respect to interest rate exposure, sector allocation, and credit quality.
Key Responsibilities:
- BlackRock's Structured Credit and CLO investment team is seeking a Structured Credit Vice President to assist in all aspects of the execution and monitoring of private corporate structured credit opportunities, a key growth area in the business.
- Analyze various private corporate structured credit transactions, including Synthetic Risk Transfer (SRT) deals, rated feeder funds, direct NAV lending, Collateralized Fund or Synthetic Obligations (CFOs/CSOs), and other LP interest securitizations
- Review credit risk, run ad-hoc stress testing, historical sponsor performance assessment, and periodic portfolio-level reporting to investment committees and management
- Conduct market and asset level research and due diligence on a sponsor, industry, and fund levels, deal structuring, financial modeling, scenario analysis, valuation, and ongoing monitoring to assist in the investment process.
- Assist in all aspects of investing and deal execution, including documentation, client outreach, legal and tax considerations, investment committee processes
- Assist in designing and developing innovative structures that meet business and client needs
- In conjunction with Product Strategy, prepare marketing materials for new fund offerings and participate in conference calls and marketing road shows
Key Qualifications:
- Undergraduate degree in Finance, Engineering, Economics, Statistics, or Mathematics with superior academic record
- 5+ years of relevant and similar experience working in a sell-side or buy-side structuring role
- Experience required with MS Excel, building financial models and cashflow analysis
- Understanding of rating agency methodologies, comfort with legal documentation
- Candidate must be able to work in collegial, team-oriented environment
- CFA Charterholder or CFA progress, and experience with Python a plus
For New York City only: The salary range for this position is $147,500 - $209,500. 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.