Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.

With $150 billion in assets under management*, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional and individual investors differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 600 experienced professionals across 10 offices globally, Blue Owl brings the vision and discipline to create the exceptional.

*As of June 30, 2023

Position Overview

Blue Owl is seeking a Senior Associate / Associate to join the Structured Products & Fund Finance Team. The team, which is a component of Blue Owl Credit, is responsible for structuring, execution, and placement of a variety of debt solutions for our various BDCs and private funds, all of which support our Direct Lending business. The Structured Products & Fund Finance Team has executed ~50 securitization vehicles (including: Bi-lateral bank facilities and CLOs) representing greater than $20 billion of commitments.

The team is the primary point of contact with major investment banks, insurers and other lenders / investors, while staying closely aligned internally with our portfolio managers, risk management team, and middle / back-office functions to ensure efficient debt solutions for the Firm’s Direct Lending Strategy.

Responsibilities:

• Create efficient / optimized portfolios for securitization vehicles by analyzing credit agreement deal covenants and working with risk management / accounting / operations teams.

• Prepare sensitivity / scenario analysis for existing and new securitization vehicles.

• Compile and gather performance data of underlying investments from various firm wide constitutes (including portfolio managers) to address investor / lender requests.

• Work with risk management to analyze impact of amendments on our underlying investment on our securitization vehicles and coordinate with our external lenders / investors where needed.

• Assist in the ongoing monitoring of securitization vehicles by working with accounting / operations / risk management.

• Liaise directly with rating agencies to ensure timely execution of credit estimates.

• Participate in deal closings / amendments which includes coordinating with portfolio management, risk management, accounting, operations, and legal/compliance.

Qualifications:

• Bachelor’s degree; 1-4 years of experience in structured finance (investment bank, private credit, trustee)

• Strong data analysis skills

• Strong attention to detail and consistently accurate

• Team player with enthusiasm and intellectual curiosity to learn more

• Strong oral and written communication skills

• Strong work ethic, self-starter, and pro-active

It is expected that the base annual salary range for this New York City-based position will be $110,000 to $140,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.