What are the responsibilities and job description for the US Private Capital - Senior Portfolio Company Manager position at blackrock?
About this role
About Us: BlackRock US Private Capital ("USPC") is the team within BlackRock Global Direct Lending focused on providing innovative capital solutions to US middle market companies through directly originated investments that generate attractive risk-adjusted returns. USPC currently manages approximately $23bn across multiple investment vehicles, including private funds, separately managed accounts and a BDC.
Position Overview: We are seeking a highly experienced Senior Portfolio Company Manager to join our team. The ideal candidate will have significant operating and management experience at portfolio companies, with a proven track record of delivering substantial value creation and operational improvements through workouts and turnaround situations.
Key Responsibilities:
- Monitor the financial performance of existing portfolio companies and identify early signs of potential distress that may lead to capital structure restructuring.
- Develop and implement strategies for workout and restructuring situations, including effectuating changes of control and establishing new governance and management structures.
- Lead efforts to augment operations and management teams to maximize investment value.
- Collaborate with internal and external stakeholders to drive operational improvements and value creation initiatives.
- Provide strategic guidance and support to portfolio company management teams to enhance performance and achieve business objectives.
- Conduct thorough financial analysis and due diligence to identify opportunities for operational enhancements and risk mitigation.
Qualifications:
- 15 years of relevant experience in corporate and financial restructuring advisory at an investment bank, consultant, or direct lender.
- Extensive experience in operating and managing portfolio companies, with a strong track record of value creation and operational improvement.
- Demonstrated ability to monitor financial performance and identify early signs of distress in portfolio companies.
- Proven experience in workout and restructuring situations, including effectuating changes of control and establishing new governance structures.
- Strong leadership and management skills, with the ability to drive operational improvements and maximize investment value.
- Excellent analytical and financial modeling skills.
- Strong communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- Bachelor's degree in finance, business, or a related field; MBA or other advanced degree 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
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 and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.Salary : $300,000 - $350,000
