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 metricsPrepare and contribute to internal monthly / quarterly portfolio reviewsContribute to the maintenance of the database on the fund’s investments and coordinate the use of data for various internal and external reporting requirementsMonitor timing of receipt of information / compliance certificates and other borrower’s obligations for all portfolio companies2) 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 providersLiaise with industry market reports producers to disclose (in accordance with the deal team) BLK USPC private credit track record and league tables3) 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 experienceUndergraduate degree with strong academic backgroundGood analytical and data analysis skillsResponsive with high attention to detailMotivated team player and flexible in approach with ability to work independentlyAbility to prioritize, working to tight deadlines and flexible to meet workloadKeen to question, challenge and improveSome programming skills helpful but not mandatoryOur 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.
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.