What are the responsibilities and job description for the Vice President, Operations - Employee Loan Program position at Blue Owl?
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.
Blue Owl is a global alternative asset manager with $325 billion in assets under management as of September 30, 2024. Anchored by a strong permanent capital base, the firm deploys private capital across Direct Lending, GP Solutions and Real Estate strategies on behalf of Institutional and Private Wealth clients. Blue Owl's flexible, consultative approach helps position the firm as a partner of choice for businesses seeking capital solutions to support their sustained growth. The firm's management team is comprised of seasoned investment professionals with more than 25 years of experience building alternative investment businesses. Blue Owl employs over 725 people across 10 offices globally.
We are seeking a Vice President - Operations to assist with administering our employee loan program and administrative aspects of our carry participant vehicles. We are looking for someone to manage our banking relationship for our employee loan program and bank accounts pertaining to our carried interest plans. We are also looking for someone to assist with reporting associated with our carried interest program. Thus, we're seeking someone that is familiar with the fund accounting lifecycle and the various operational functions required to issue capital calls and distributions. Additionally, this person needs the ability to work with sensitive and confidential information; demonstrate an ability to prioritize assignments and complete work with little direction. This position is based in Short Hills, NJ.
Responsibilities
- Maintain strong relationship with our banks
- Review capital call and distribution request submissions for our employee loan program ("ELP").
- Partner with offshore team to ensure ELP tracking system is properly maintained.
- Orchestrate the ELP Annual Compliance Review.
- Execute the onboarding of new pledged affiliates to the ELP, coordinating with internal stakeholders and external financial institutions.
- Collaborate across the organization to collect pertinent data to administer the carry award process.
- Assist with opening bank accounts for our carried interest team.
- Assist with on-boarding new carry plan vehicles.
- Provide analytical and tactical support for corporate-wide requests and special projects.
Requirements :
Benefits :
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.
