CLO Analyst - Associate - London

BlackRockLondon, CA
107d

About The Position

The successful candidate will be responsible for assisting the existing CLO portfolio management team in assessing investment opportunities in European CLOs across the entire capital structure and monitoring investments in the portfolios. Assist with the sourcing, analysis and underwriting of new issue and secondary European CLO investment opportunities. Review CLO structures and documentation. Undertake transaction-level risk returns analysis, including by modelling CLO debt and equity structures, (e.g. in Intex). Make trading recommendations consistent with the existing investment process. Alongside portfolio managers, help identify investment themes in European CLOs based on fundamental factors (e.g. relating to structure, manager, etc.) within an overall value assessment (e.g. relating to vintage, seniority, etc.). Monitor performance of investment in the portfolios and recommend strategy on existing exposures. Assist with risk management in the portfolios. Interact with structurers, sell-side CLO sales and trading teams and other CLO managers to ensure market developments and technicals are known and well understood. Work closely with product strategists to track CLO market trends and develop the client proposition in European CLOs.

Requirements

  • Demonstrable understanding and experience of the CLO product and market.
  • Specific experience of analyzing CLO debt and/or equity.
  • Familiarity with the underlying leveraged loan market is a plus.
  • Knowledge and understanding of CLO structures and documentation.
  • Awareness of current regulations affecting European CLOs.
  • Flexible, responsive, and self-starting personality with keen attention to detail.
  • Open-minded thought process and intellectual honesty.
  • Desire and ability to work in a team-oriented environment.
  • Excellent written and verbal communication skills.

Responsibilities

  • Assist the CLO portfolio management team in assessing investment opportunities in European CLOs.
  • Source, analyze, and underwrite new issue and secondary European CLO investment opportunities.
  • Review CLO structures and documentation.
  • Undertake transaction-level risk returns analysis, including modeling CLO debt and equity structures.
  • Make trading recommendations consistent with the existing investment process.
  • Help identify investment themes in European CLOs based on fundamental factors.
  • Monitor performance of investments in the portfolios and recommend strategy on existing exposures.
  • Assist with risk management in the portfolios.
  • Interact with structurers, sell-side CLO sales and trading teams, and other CLO managers.
  • Work closely with product strategists to track CLO market trends.

Benefits

  • Retirement investment and tools designed to help you in building a sound financial future.
  • Access to education reimbursement.
  • Comprehensive resources to support your physical health and emotional well-being.
  • Family support programs.
  • Flexible Time Off (FTO) to relax and recharge.
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