Private Credit, Direct Lending Investment Professional - Associate
About this role
About BlackRock Private Credit
BlackRock has built industry-leading private credit capabilities over the past 20 years, seeking to deliver attractive results throughout market cycles. Our platform provides a whole portfolio approach to investing across the risk/return spectrum, leveraging our global scale to deliver investment solutions that meet our clients' needs. Deep and experienced teams deploy capital in direct lending, opportunistic and event-driven strategies, providing solutions across U.S., European and Asian private markets. As of September 30, 2023, BlackRock manages US$84 billion on behalf of Private Credit clients globally.
About US Private Capital
BlackRock US Private Capital ("USPC") is the team within BlackRock Private Credit focused on providing innovative capital solutions to US middle market companies through directly originated investments that generate attractive risk-adjusted returns. As of December 31, 2023, the team has invested more than $40bn in capital across more than 1,000 transactions over a 23+ year track record, on behalf of a broad slate of global clients.
About the Role
We are seeking an Associate-level investment professional to be responsible for identifying and underwriting new investments, monitoring existing positions, as well as broader fund performance reports. This position will report into US Private Capital leadership and partner with other professionals within the organization. Candidates should have a background in credit investing with the research and modeling skills to underwrite and monitor existing investments. Critical to the individual's success will be their investment judgment, ability to work constructively with investment partners, willingness to take initiative, resourcefulness and intellectual curiosity.
Job Responsibilities:
- Research industries, companies and create detailed financial models to highlight relevant metrics to be used in the investment decision making process.
- Produce quality analysis of company and diligence information to support investment conclusions.
- Develop accurate, flexible financial models / scenario analysis.
- Preparation of concise, accurate and complete investment memoranda.
- Actively monitor existing portfolio names.
Requirements / Qualifications: - Undergraduate degree with strong academic background.
- 2-5 years of relevant experience in investment banking, direct lending, or private debt investing.
- Superior analytical, thinking, and communication (oral and written) skills.
- Candidates must be comfortable participating in diligence meetings with senior management; portfolio companies, sponsors and other investment professionals.
- Motivated, self-starter that seeks problem solving situations.
- Must be able to work in team-oriented environment and show ability to quickly climb learning curve.
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