Analyst, Capital Deployment & Liquidity Management – Private Financing Solutions

About this role

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.

The Capital Deployment & Liquidity Management team is responsible for implementing investment decisions across credit products, while also providing oversight of the governance model and adherence to BlackRock investment best practices.

BlackRock is seeking a dedicated professional to join its Private Financing Solutions Capital Deployment & Liquidity Management team focused on overseeing the ongoing management of complex credit mandates and collaborating with teams across the platform, including investment professionals, product strategists, and business operations to deliver differentiated target outcomes for our clients. Specific responsibilities include, but are not limited to:

Responsibilities:

• Work closely with various teams on the fundings of new investments across all private credit platforms.

• Monitor and coordinate future funding requirements; e.g. unfunded commitments, Fund expenses, distributions, etc.

• Anticipate and resolve operational issues arising during the evolving investment processes (e.g., trade execution, settlement, portfolio compliance, hedging, etc.)

• Coordinate investment allocations for all funds on the platform and confirm adherence to Allocation Policy (e.g. investment guideline compliance, portfolio construction targets, etc.)

• Complete pre-trade compliance checks across all portfolios and mandates (e.g. check side letters and/or IMAs to confirm potential investment does not breach any agreed terms or investment guidelines)

• Develop and maintain relationships with key BlackRock operational professionals (e.g., legal, tax, trading operations, portfolio compliance, pricing, cash ops, operations and fund administration)

Deal management

• Model, monitor and document portfolio allocations and coordinate internal approvals

• Drive efficient deal execution by coordinating with sponsors, co-lenders, external counsel, agent banks and internal stakeholders

Cash management

• Monitor liquidity across funds, including cash forecasting, managing borrowing capability, and dry powder.

• Recommend distributions and capital calls to Portfolio Managers

• Oversee the ongoing management of subscription lines and leverage facilities to ensure they are used optimally

Qualifications:

• Strong academic background and ideally 2+ years of private markets experience

• Self-motivated with ability to operate with modest oversight

• Strong organizational and project management skills

• Candidate must be comfortable owning the spectrum of oversight functions for credit mandates, including portfolio management overlays and operational procedures

• Strong attention to detail and ability to multi-task

• Candidate must be able to collaborate extensively across teams and think innovatively around ways to improve existing processes

• Proficiency in Microsoft Excel, including knowledge of advanced functions (knowledge of VBA is not required, but will be viewed positively)

• Experience with Aladdin software will be viewed positively

• Experience with leveraged finance, direct lending, closed-ended portfolio management or structed product will be viewed positively

• Experience in Python, R, and SQL will be viewed positively, but not required

For New York, NY Only the salary range for this position is USD$95,000.00 - USD$116,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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 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.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

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.