Leveraged Finance Credit Research, Associate

BlackRock•New York, NY

1d•$116,000 - $155,000•Hybrid

About The Position

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. BlackRock's Leveraged Finance platform manages high yield bonds, leveraged loans and CLO’s. The team is global with investment professionals in the Americas, Europe, and Asia. This is an Associate position within the Leveraged Finance research team in New York.

Requirements

2-3 years of prior experience in investing, investment banking, transaction advisory services, strategy consulting, or corporate valuation, and/or an educational degree in economics, finance, or accounting
Proficient in Excel and PowerPoint
Technical skills – ability to understand and develop financial models for companies
Communication skills – strong written and oral presentation skills, with the ability to effectively formulate and articulate opinions persuasively
Analytical and critical thinking – ability to identify and articulate key investment considerations and risks
High level of intellectual curiosity
Able to manage workload effectively and deliver quality work on schedule

Nice To Haves

Experience in Telecom, Gaming, Building Products, Packaging sectors a plus, but not required

Responsibilities

Work directly supporting two senior investment research analysts in New York to assess primary and secondary investment opportunities within the liquid credit leveraged finance business, including high yield bonds and leveraged loans
Participate in due diligence of investment opportunities, including conducting company research and preparing financial models and valuation analyses
Performing market research, including research on potential investments, industries, competitors, etc.
Assist in monitoring of portfolio investments
Maintain strong relationships with Portfolio Managers, Traders, Product Strategists, Capital Markets, and other groups which support the leveraged finance business