Principal, Transactions Law

BlackRock•New York, NY

11d•$435,000 - $435,000•Hybrid

About The Position

The Principal, Transactions Law negotiates and executes infrastructure investments on behalf of BlackRock funds and accounts under management. The role reviews investment and transactional documentation, manages external deal counsel alongside investment teams, and works with portfolio managers and colleagues across Legal Transactions, compliance, tax, risk, and operations during transaction execution. The Principal advises internal stakeholders on developing and improving investment processes, coordinates with compliance on information barriers, restricted lists, inside information, thresholds, and regulatory coverage such as FERC, antitrust, and merger control. The role also identifies and analyzes problems, develops solutions, makes decisions with limited direction, organizes business training, and keeps abreast of key market terms and conditions. The position is based in New York, NY, with a hybrid model requiring employees to work in the office at least four days per week and allowing one day per week working from home. The stated salary range for New York is $435,000 per year, with eligibility for an annual discretionary bonus and benefits.

Requirements

Juris Doctor in Law.
Five years of experience in the job offered, as an Associate, or in a related role.
Five years of multi-party negotiating experience in private equity and infrastructure transactions.
Five years of technical legal drafting experience.
Five years of experience advising fund managers and non-bank institutions as investors, sponsors, and lenders.
Five years of experience participating in teams leading consortium transactions, including bringing co-underwriters into the process and negotiating with co-underwriters and co-investors.
Five years of experience analyzing and advancing related regulatory concerns and considerations.
Five years of multi-jurisdictional coordination experience for cross-border transactions.
Five years of experience advising on investments in international deals.
Five years of knowledge of financial modeling and experience with LBOs and cash flow analysis.
Five years of experience navigating information barriers, restricted lists, inside-information management, and multi-jurisdictional regulatory considerations.
Five years of experience overseeing and effectively managing outside counsel and internal stakeholders.
Five years of experience analyzing governance constructs relating to partnership agreements with partners and other investors.
Five years of experience analyzing structure and acquisition-step analysis for multi-party transactions, including tax analysis.
Five years of experience evaluating and negotiating professional fee structures and negotiated rate cards for private equity transactions.
Five years of experience with General Partner (GP) stakes deals and negotiating a GP consortium.

Responsibilities

Negotiate and execute infrastructure investments on behalf of BlackRock funds and accounts under management.
Review investment documentation, including purchase agreements, shareholders agreements, power purchase agreements, construction, operating and management agreements, credit agreements, indentures, letters of intent, equity and debt commitment letters, confidentiality agreements, and similar transactional documents.
Manage external deal counsel in conjunction with the investment team.
Work with portfolio managers, the global Legal Transactions team, and compliance, tax, risk, and operations teams during transaction execution.
Advise and support internal stakeholders in developing, establishing, and improving investment-related internal processes.
Coordinate with compliance teams on information barriers, restricted-list reviews, inside information, thresholds, and regulatory matters including FERC, antitrust, and merger control.
Identify and analyze problems, generate alternative solutions, and make decisions with little direction or supervision.
Organize training sessions for the business.
Keep abreast of key market terms and conditions.