Los Angeles, CA, 90006, USA
3 days ago
Associate, US Private Credit Portfolio Monitoring
**About this role** **About Us:** BlackRock US Private Capital ("USPC") is the team within BlackRock Global Direct Lending focused on providing innovative capital solutions to US middle market companies through directly originated investments that generate attractive risk-adjusted returns. USPC currently manages approximately $23bn across multiple investment vehicles, including private funds, separately managed accounts and BDCs. **Position Overview** : The role will be responsible for supporting the US Private Credit Portfolio Monitoring team in all aspects of the portfolio monitoring activities and will partner closely with the credit research, product strategy, corePM, risk, legal and compliance and COO teams. **Responsibilities:** **1) Portfolio Monitoring** + Maintain effective financials management, monitor metrics of portfolio companies and report to the team on the same and contribute to client reporting metrics + Prepare and contribute to internal monthly / quarterly portfolio reviews + Contribute to the maintenance of the database on the fund’s investments and coordinate the use of data for various internal and external reporting requirements + Monitor timing of receipt of information / compliance certificates and other borrower’s obligations for all portfolio companies **2) Valuations & Credit Ratings and Industry Reports** + Provide asset information and respond to Q&A for assets quarterly valuation / rating process based on audited and reported results, forecasts and other financial analyses in liaison with the pricing team, valuation committee and external valuation/rating providers + Liaise with industry market reports producers to disclose (in accordance with the deal team) BLK USPC private credit track record and league tables **3) Support to the deal team in the execution of portfolio companies’ amendment / upsize requests** and, depending on capacity, new investment opportunities **Skills, experience and education:** + 2-4 years of relevant experience + Undergraduate degree with strong academic background + Good analytical and data analysis skills + Responsive with high attention to detail + Motivated team player and flexible in approach with ability to work independently + Ability to prioritize, working to tight deadlines and flexible to meet workload + Keen to question, challenge and improve + Some programming skills helpful but not mandatory For New York, NY and Los Angeles, CA Only the salary range for this position is USD$135,000.00 - USD$180,000.00 . 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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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. We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.
Confirm your E-mail: Send Email