New York, United
22 hours ago
Director, CLO Research Analyst | Securitized Assets

About this role

The Fundamental Fixed Income Group (FFI) at BlackRock handles more than $1.2 trillion in fixed income assets across index, active, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest arrays of investment choices across index, model-based and fundamental investment styles.

The CLO and Structured Credit investment team is seeking a Director, CLO Research Analyst to drive research efforts globally for the CLO investment and issuance businesses at BlackRock. The CLO Research Analyst will be responsible for supporting Portfolio Managers with the credit and structural underwriting of US, Euro and Middle Market CLO deals, along with other bespoke opportunities within structured credit.


Key Responsibilities

Help manage CLO credit risk across BlackRock’s active fundamental fixed income portfolios.Perform relative value credit/structure analysis within US, Euro and Middle Market CLOs.Monitor trends and run surveillance on CLO ETFs across all categories (AAA and mezzanine).Participate in recommendation of portfolio positioning across global CLO platform.Perform deal documentation analysis and ESG due diligence on US, Euro and Middle Market CLO managers.Lead credit surveillance in underlying US, Euro and Middle Market CLO portfolios.Perform due diligence on CLO managers, assessing track record and historical performance.Interface with modeling group to perform scenario analysis and bespoke portfolio construction.Present updates on CLO and leveraged loan markets to multi-sector PMs and others throughout the Fundamental Fixed Income platform.


Key Qualifications

Minimum 7 years of relevant and/or similar experience working in fixed income markets.Previous experience in the CLO market.Superior financial modeling, organizational, and communication skills.Ability to understand CLO deal structure, documentation, and investment risks.Bachelor degree in Finance, Economics, Statistics, or Mathematics with superior academic record.Highly proficient in Excel, PowerPoint, and Intex. Understanding of coding language and Kanerai, including at an API level, is a plus.Comfortable working in a highly collaborative team environmentStrong communication, interpersonal and time-management skills with an emphasis on being detail orientedAbility to successfully perform under pressure and meet deadlines in a fast-paced work environment while managing multiple projects


For New York, NY Only the salary range for this position is USD$210,000.00 - USD$270,000.00 . 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 | 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.
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