Associate, Leveraged Finance Capital Markets

BlackRock•New York, NY

2d•$116,000 - $155,000•Hybrid

About The Position

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 an Associate in the Leveraged Finance Capital Markets business. The associate, based in New York, will be responsible for executing and managing the new issue process across Leveraged Loans and High Yield bonds. 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.

Requirements

3+ years in capital markets, investment banking or a buy-side institution, with exposure to Leveraged Loans and/or High Yield bonds.
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
Ability to read and analyze financial statements through fundamental analysis
Familiarity with credit documentation is a plus
Proficient technology orientation (Strong Excel skills required) including ability to leverage technology and AI to drive process automation and enhancement

Responsibilities

Daily management of internal 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
Assist the team in evaluating unique investment opportunities, including managing reverse inquiry