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Type of Role: Investments

Experience Level: Managing Director/CIO

Location: New York City, New York

Salary: $285K - $350K

BlackRock Private Debt is the private investment business unit of BlackRock’s Global Fundamental Credit Platform. We are a dedicated investment team focused on providing debt capital solutions through directly originated investments across the capital structure.

We are seeking to hire a Managing Director focused on private securitized debt, based in New York. The individual must be an investor with a proven track record for sourcing, structuring, underwriting, and making sound investment decisions (through cycles).  Critical to this individual’s success will be sourcing capabilities, investment judgment, ability to clearly articulate the investment thesis, to work constructively with other investment partners, willingness to take initiative in developing solutions, leading the investment team, and to help in the development of junior investment professionals. The individual must possess important leadership qualities, strong interpersonal skills and a strong sense of perspective essential to supporting our business growth objectives that is underpinned by a high performing team.

Job Responsibilities:

  • Take a lead role in developing the strategy for the securitized private debt pillar
  • Source, evaluate, structure, execute and recommend quality private structured investments (ABS, mortgages, esoteric, etc.)
  • Manage investment underwriting process (prequalify, diligence, structuring & close)
  • Lead / develop junior investment professionals
  • Portfolio investment monitoring (risk)
  • Serve as Investment Committee Member
  • Build strong relationships with BlackRock colleagues and partners; partnering with Financial Institutions Group and other client teams on business development efforts

Requirements / Qualifications:

  • Significant credit investing and securitized asset experience
  • Restructuring and experience with distressed/under-performing assets
  • Superior investment judgment, and analytical, critical thinking, and negotiating skills
  • Solid interpersonal and communications (oral and written)
  • Motivated, self-starter that seeks problem solving situations
  • Ability to develop and lead high performing teams
  • 15+ years relevant experience with a demonstrated track record
  • BA/BS degree.  JD / MBA / CFA (preferred)

For New York City only: The salary range for this position is $285,000 – $350,000. 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:

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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