About this role

Business Unit Overview:

BlackRock’s Infrastructure Debt Group within BlackRock Private Debt focuses on infrastructure debt investments in Europe, North America, LatAm and APAC. The types of infrastructure sectors targeted include transportation, social infrastructure, power, energy and utilities, water and wastewater, and telecoms. Our private markets Infrastructure Debt team is the largest in the world and currently manages more than $21bn of AUM, of which circa $16bn is...

About this role

Business Unit Overview:

BlackRock’s Infrastructure Debt Group within BlackRock Private Debt focuses on infrastructure debt investments in Europe, North America, LatAm and APAC. The types of infrastructure sectors targeted include transportation, social infrastructure, power, energy and utilities, water and wastewater, and telecoms. Our private markets Infrastructure Debt team is the largest in the world and currently manages more than $21bn of AUM, of which circa $16bn is invested across 160 assets globally.

Job Purpose/Background:

BlackRock Infrastructure Debt has an opportunity for a qualified candidate to join the Infrastructure Debt team in London. The candidate will report into the Global Head of Infrastructure Debt Asset Management and have responsibility for supporting BlackRock’s infrastructure debt investment business and driving the design, implementation and operation of a scalable asset management framework.

Key Responsibilities:

• Working with our asset management and investment teams to support the development of a global market leading and scalable asset management platform to manage our investments;

• Performing asset management responsibilities for assigned investments, including compliance and performance monitoring, preparation and presentation of investor reporting, tracking material counterparties’ performance;

• Partnering with investment team to evaluate requests for waivers or requests that involve significant credit issues or relationship matters, and prepare recommendations for senior management or the Investment Committee;

• Overseeing junior members of the team in delivering asset management tasks.

In addition, the role may include:

• Supporting implementation of technology solutions (eFront + Aladdin) towards advancing Infra Debt reporting and analytical capabilities in credit risk and ESG;

• Working with relevant Infra Debt Business Partners including Risk & Quantitative Analysis (RQA), Product Strategy and Sustainable Investing teams on matters pertaining to portfolio risk monitoring, data collection and ESG reporting; 

• Identifying additional areas of work that we should address in our asset management framework to provide a full scope of services to our clients and internal stakeholders;

• Identifying additional analysis and analytics that would assist in the management of Infrastructure Debt assets;

• Working with other asset managers in Private Debt to identify best practices in credit asset management;

• Specifying an improved approach to asset management for the product and socializing this with senior management; and

• Driving the implementation of the above, and its operation in steady state.

Development Value:

BlackRock is the #1 manager of private market infrastructure debt globally. This role will give the successful candidate the opportunity to join a high profile, fast growing and dynamic business within the world’s largest asset manager:

• Significant investment exposure on projects/transactions;

• Exposure to an experienced senior team with strong team values;

• Oversight and guidance to junior colleagues

• Collaborative and entrepreneurial work environment; and

• Strong brand in the fund management industry

Knowledge/Experience:

Candidates will have experience in credit and asset management with an understanding of the requirements for managing a complex portfolio of credit assets. The successful candidate will be a self-starting, motivated and organized individual with a strong sense of ownership in their role. They will be highly analytical with demonstrable financial modelling and evaluation skills and the ability to define and work to deadline.  Their experience might include:

• Change management or project management in banking of financial services;

• Portfolio management and portfolio analytics for credit investments;

• An understanding of the infrastructure sector;

• A thorough understanding of project finance structuring and documentation;

• Credit analysis and evaluation;

• Negotiating transaction terms & conditions and documentation;

• Management and work-out of non-performing loans;

• Driving the development of portfolio management systems and processes;

• Enthusiasm and commitment to working in a friendly, entrepreneurial team environment;

• Strong written/verbal communication skills and a demonstrated attention to detail.

Skills/Qualifications:

• Strong academic background including Bachelor’s degree in engineering, finance, economics, mathematics/statistics, or a related field;

• CFA, CAIA, MBA or advanced degree preferred;

• Strong credit analysis and project finance modelling skills;

• Fluency in English plus at least one major European language would be considered advantageous.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: 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; 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 Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.