This role is in office Monday to Thursday.
The RoleBlue Owl's Asset-Backed Finance (ABF) Investment Team within Alternative Credit targets credit-oriented investments in markets underserved by traditional lenders or the broader capital markets, with deep expertise investing across specialty finance and equipment leasing. This strategy offers differentiated exposure through our extensive sourcing network, asset-based expertise, and ability to underwrite complexity.
The capital markets function within the ABF Team is responsible for sourcing, structuring and executing private credit facilities and public securitizations. The team has executed over 50 leverage facilities, including revolving warehouses and private term facilities, along with 4a2 and 144a securitizations, representing greater than $10 billion of commitments.
ResponsibilitiesThis role will help oversee the financing activities for the Alternative Credit Investment Team:
- Play a meaningful role in developing and executing capital markets strategy for the alternative credit business, with a focus on specialty finance and equipment leasing.
- Source, execute, and manage investment-level financing for the alternative credit funds:
- Work with deal teams to determine appropriate leverage assumptions and modeling to inform underwriting of transactions throughout the investment process.
- Solicit and negotiate terms (including legal documentation) with lenders.
- Execute deal closings and amendments, including coordination with deal teams, as well as asset management, accounting, operations, legal/compliance, and external third parties.
- Monitor and oversee the ongoing administration of leverage facilities by working with asset management and deal teams.
- Liaise with rating agencies, as applicable, to ensure timely and efficient execution of rated transactions (public and private).
- Build and maintain relationships with banks and other financial institutions.
- Support the development of enhanced capital markets infrastructure, including improved compliance tracking across facilities.
Qualifications- Bachelor's degree with 9-13 years of experience in structured finance (e.g., at an investment bank, lender, or private credit firm).
- Experience in asset-backed finance across consumer, commercial, and/or residential asset classes.
- Substantial experience structuring, negotiating, and executing warehouse facilities, as well as issuing public ABS.
- Strong project management skills, with the ability to manage multiple priorities and deadlines in a dynamic environment.
- Strong data analysis skills and attention to detail.
- Experience managing relationships across internal teams, as well as banks, insurance companies, and other counterparties.
- Team player with enthusiasm and intellectual curiosity.
- Strong oral and written communication skills.
- Strong work ethic; proactive and self-motivated.
- Comfortable working cross-functionally with colleagues across various levels and work styles.
The base annual salary range for this New York-based position will be $200,000 to $225,000. Actual salary offered will be based on the candidate's skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
