Alternative Credit Asset Manager, Principal

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

Blue Owl is seeking to add a Principal level Asset Manager to the Blue Owl Alternative Credit team with a focus on managing a team focused credit monitoring and fundamental financial analysis. The Asset Manager will oversee and manage a small, dynamic, team of credit analyst and portfolio reporting personnel with responsibility for supporting senior Asset Managers on surveillance of existing positions. The position is primarily located in Dallas.

Responsibilities

• Manage team of seven credit analysts (analyst and associate level) in day-to-day monitoring and surveillance of financial asset. equipment leasing and corporate credit investments
• Assist senior members of Asset Management team with leadership, guidance, and mentorship of junior talent
• Develop policies and procedures to ensure accurate covenant monitoring and compliance tracking
• Oversee credit analyst team completion of credit-related tasks such as:
• Review of financial analyses, borrowing base reviews, and draw request approvals
• Prepare borrowing bases, compliance reports and MSR for leverage facilities.
• Monitor compliance report of Interval Fund
• Participation in borrower update calls
• Production of quarterly cash flow models for individual transactions
• Ensuring timely receipt of reporting from borrowers and management teams
• Providing support during negotiations with borrowers for modifications and other requests from management team
• Assisting with documentation of amendments, leverage facilities and other legal matters
• Oversee third parties (backup servicers, field examines, custodians) etc.
• Participate in monthly Asset Management meetings with senior Blue Owl management
  

Qualifications

• Experience with Asset Based Lending (minimum requirement) or Asset Based Securities – asset class including consumer, commercial and equipment leasing
• Advanced skillset in fundamental financial analysis and preparation of financial spreads
• Experience reading and understanding legal documentation (negotiating and executing leverage facilities a plus)
• High levels of ownership and drive, able to work independently
• High integrity with sound judgment
• Self-aware with desire to grow; seeks and responds to constructive feedback
• 10 years of experience at a commercial bank or an investment firm with credit monitoring experience
  
  

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.