About This Role
Business Unit Overview:
BlackRock Capital Markets (BCM) is a single center of excellence across sourcing, co-investment, corporate solutions and financing for the firm. It is a holistic, comprehensive investment platform that provides solutions across the capital stack. BCM helps to deploy public and private capital in active portfolios across the BlackRock platform.
Role Overview
BlackRock is seeking a Vice President in the Leveraged Finance Capital Markets business. The VP, based in New York, will be responsible for executing and managing the new issue process across High Yield bonds and Leveraged Loans. The ability to multi-task in a fast-paced environment is essential. The role will require daily communication with sell-side capital markets and sales professionals as well as regular dialogue with certain key BlackRock investment teams. The ability to build relationships and trust with these groups will be essential.
Responsibilities
- Daily management of new issue processes in Leveraged Finance
- Coordinate with the Street regarding all new issue activity
- Manage new money order process, including dissemination of new deal information to all constituents internally
- Aggregate and consolidate feedback from different investment teams and engage Investment Banks to obtain best outcome / allocation
- Learn and manage a variety of compliance and business reporting systems, processes and procedures
- Track, prepare and present market data and market conditions to the broader Credit teams and senior management
- Fundamental company analysis to drive investment idea generation
- Assist the team in evaluating unique investment opportunities, including managing reverse inquiry
Qualifications
- 5+ years in capital markets, investment banking or a buy-side institution, with exposure to Leveraged Loans and/or High Yield bonds. Understanding of the liquid credit markets and/or experience in evaluating credit opportunities is important
- Genuine passion for the financial markets and a self-determined drive to achieve superior performance
- Ability to multi-task in a time sensitive, fast paced environment; attention to detail mandatory
- Strong verbal and written communication skills, including the ability to synthesize complex ideas into clear messages and the acumen to lead discussions with investments teams, senior executives and external counterparties
- Self-starter who can work effectively with a team and within a larger organization
- Ability to read and analyze financial statements through fundamental analysis
- Familiarity with credit documentation is a plus
- Proficient technology orientation (Strong Excel skills required; the following a plus: VBA, SQL, & Tableau)
For New York City only: The salary range for this position is $147,500 - $209,500. 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.
