What are the responsibilities and job description for the Structured Credit Investments, Analyst/Associate position at Blue Owl Capital Holdings LLC?
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.
With $235 billion in assets under management as of September 30, 2024, 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 investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 1,050 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
The Role:
The analyst / associate will join the New York-based Structured Credit team of Blue Owl Insurance Solutions (“BOIS”), which provides third party asset management services to the regulated insurance industry. The analyst / associate will support the Structured Credit team in all aspects of underwriting and managing the portfolio. Range of activities includes diligence, execution, and surveillance of new investments, collaboration with the broader team on overall portfolio management functions, and special projects. This position is well-suited for an investment professional with credit and deal structuring experience that is self-directed, highly collaborative, and able to manage a variety of responsibilities in a fast-paced environment. Target markets include primary and secondary broadly syndicated CLOs, middle market CLOs, and private warehouse opportunities.
Responsibilities:
- Exhibit high attention to detail and discipline to produce error free and properly formatted work on a consistent basis with oversight and training from experienced portfolio managers
- Assist in investment analysis to build competencies including transaction execution, investment due diligence, credit underwriting and portfolio surveillance
- Support team’s origination and monitoring efforts and tracking of deal-related data and documentation.
- Maintain deal market pipelines and internal trackers, prepare new investment memos and ongoing monthly and quarterly reporting and analysis of portfolio for third party accounts and prospects
- Understand (or desire to develop) regulatory and accounting framework and treatment of regulated insurance companies to invest in structured credit products, including new developments within the various industry rulemaking bodies
- Assist senior portfolio managers with ongoing surveillance of existing portfolio, alignment with strategic asset allocation, assignment of investment risk ratings and ad hoc portfolio reporting
- Collaborate with internal stakeholders including asset allocation, risk, operations, legal, accounting, development, and technology and with third parties such as CLO managers, banks, rating agencies, external legal counsel, trustees, and investors
Qualifications:
- 1-4 years of relevant experience
- Knowledge of CLOs, structured credit, bilateral facilities and warehouses, and/or Insurance Asset Management is preferred
- Bachelor's degree with an excellent academic record
- Strong results orientation and ability to work in a fast-paced environment
- Effective communication, presentation, and interpersonal skills
- Resourceful self-starter, with a strong work ethic, team oriented, with a keen sense of accountability and with genuine willingness and desire to learn
- Excellent organizational and analytical skills, ability to be dynamic, multi-task and manage several projects at a time
- Highly proficient with Excel, PowerPoint, Word, Bloomberg, and Intex; Experience with Aladdin a plus
- Willingness to travel occasionally
It is expected that the base annual salary range for this New York City-based position will be $100,000 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.
Blue Owl is proud to be an Equal Opportunity 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.
Salary : $100,000 - $140,000
