Description
About this role
Role Overview
We are looking to hire an Associate for our Asia-Pacific Private Credit team. The Asia-Pacific Private Credit team manages the Asia-Pacific Private Credit Funds and other strategies across direct lending and opportunistic lending opportunities, which provide companies with senior and subordinated financing for acquisitions, capital growth, restructuring, real estate financing and liquidity situations.
The successful candidate will be responsible for sourcing, assessing, executing, and monitoring private credit investment opportunities for the APAC region, with a focus on South East Asia. Working with senior members of the investment team, they will assist with sourcing and fundamental credit analysis of private credit investments. The role is based in Singapore.
Responsibilities :
1) Origination and investment sourcing
Assist with origination and sourcing of new investments via the local banks, management teams, industry sources, and investment brokers across different sectors
2) Active participation in the investment process
Conduct independent fundamental credit analysis, due diligence, and research of new investments
Financial modelling of investment opportunities
Full involvement in the investment evaluation process including attendance at management presentations, review of due diligence reports, and preparation of internal investment reports in conjunction with the Portfolio Manager(s)
Presenting investments to the Portfolio Manager(s) and the Investment Committee with a clear and consistent approach to mitigate credit, legal, industry and other relevant risks
3) Deal execution and monitoring
Champion selected investment opportunities through the investment process until completion
Provide input on terms and conditions for transactions and work with the Portfolio Manager and internal and external legal counsel to ensure appropriate documentation
Negotiation and review of transaction legal documentation and liaising with internal and external legal counsel
Ongoing monitoring of portfolio investments including waivers and amendments, contributing to the quarterly fund valuation process and reporting to investors
4) Leverage BlackRocks wider Private Markets platform
Develop relationship across BlackRock, including but not limited to US and European private credit teams, and the global BlackRock Private Market platform
Skills, experience and education:
Excellent corporate finance and credit skills demonstrated through prior relevant experience (4+ years)
Strong financial modelling and legal documentation skills
Motivated team player and flexible in approach with ability to work independently
Flexible, responsive with keen attention to detail
Open-minded thought process and intellectual honesty with an ability to dynamically adapt to different parts of the credit spectrum in structuring the best possible risk-return outcome for our investments
Excellent written and verbal communication skills presents ideas in a clear, concise and constructive manner
Excellent academic background
Fluent in English and native, local SEA language skill is preferred
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRocks 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 childrens 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. Its why were dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.