Leveraged Finance Credit Research, Associate
BlackrockAbout this role
Business Unit Overview:
The role will be within our Private Financing Solutions (PFS) team. This new platform brings together several leading franchises (private credit, GP/LP solutions, and liquid and private credit CLO businesses) under one structure to serve client needs and deepen our role in the financing ecosystem. PFS is built to address the structural forces reshaping markets and deliver more complete solutions across public and private investments.
BlackRock's Leveraged Finance platform manages high yield bonds, leveraged loans and CLO’s. The team is global with investment professionals in the Americas, Europe, and Asia. This is an Associate position within the Leveraged Finance research team in New York.
Responsibilities:
Work directly supporting two senior investment research analysts in New York to assess primary and secondary investment opportunities within the liquid credit leveraged finance business, including high yield bonds and leveraged loans
Participate in due diligence of investment opportunities, including conducting company research and preparing financial models and valuation analyses
Performing market research, including research on potential investments, industries, competitors, etc.
Assist in monitoring of portfolio investments
Maintain strong relationships with Portfolio Managers, Traders, Product Strategists, Capital Markets, and other groups which support the leveraged finance business
Experience in Telecom, Gaming, Building Products, Packaging sectors a plus, but not required
Requirements/Skills:
2-3 years of prior experience in investing, investment banking, transaction advisory services, strategy consulting, or corporate valuation, and/or an educational degree in economics, finance, or accounting
Proficient in Excel and PowerPoint
Technical skills – ability to understand and develop financial models for companies
Communication skills – strong written and oral presentation skills, with the ability to effectively formulate and articulate opinions persuasively
Analytical and critical thinking – ability to identify and articulate key investment considerations and risks
High level of intellectual curiosity
Able to manage workload effectively and deliver quality work on schedule
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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
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