Blue Owl

Alternative Credit, Residential Credit - Vice President

Blue Owl$175K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field; advanced degree or CFA is a plus
  • 6-8 years of structured finance experience, particularly with residential mortgages
  • 3+ years of buy-side investing experience, with a focus on private markets
  • Proven track record in evaluating and underwriting residential credit transactions
  • Ability to form independent judgments and analyze investment opportunities
  • Strong communication skills and attention to detail
  • Experience with loan and credit agreements, and proficiency in financial modeling

Responsibilities

  • Underwrite new investment opportunities and coordinate deal execution
  • Manage a team of junior investment professionals in due diligence and investment analysis
  • Support legal documentation and closing processes for transactions
  • Develop insights on how macro trends affect investments
  • Assist in managing existing investments and related tasks
  • Collaborate with internal and external parties throughout the investment process

Benefits

  • In-office work schedule from Monday to Thursday
  • Opportunities for discretionary bonuses based on performance
  • Collaborative team environment with access to senior leadership
  • Professional development and potential advancement within the Asset Based Finance strategy
Full Job Description

This role is in office Monday to Thursday.

The Role

Our Alternative Credit team is seeking a Vice President to focus on Residential Credit within the broader Asset Based Finance strategy. This individual will play a key role across the full investment lifecycle, including sourcing, underwriting, execution, and portfolio management of residential credit investments.

The Vice President will lead transaction execution, manage junior team members, and partner closely with senior leadership to evaluate opportunities and drive investment decisions. The role requires strong analytical judgment, deep sector expertise, and the ability to independently assess complex transactions.

Responsibilities

  • Underwrite new investment opportunities, coordinate deal execution, and support asset management of existing transactions

  • Manage a deal team of 1-2 junior investment professionals to complete investment due diligence, create investment committee deliverables (including memos, models, and supplemental analysis), and oversee transaction closing process

  • Support legal documentation and closing processes

  • Develop and communicate views on prospective investments, as well as how macro trends will impact new opportunities and the existing portfolio

  • Assist in managing existing investments, along with related post-closing tasks (e.g., incremental financings, amendments, etc.)

  • Communicate and collaborate with various constituencies including internal deal sponsors, counterparties, financing counterparties, and outside counsel

Qualifications

  • Bachelor27s degree with an outstanding record of academic excellence in a quantitative, finance, economics, engineering, or a related field; advanced degree or CFA is a plus

  • 6-8 years of relevant experience primarily in structured finance with significant residential mortgage and housing-related experience

  • Ideal candidate has 3+ years of buy-side investing experience with significant experience (i.e., multiple years across numerous transactions) in private markets; experience investing in or trading public securities is a plus

  • Significant experience evaluating, underwriting, and monitoring transactions within the residential credit and housing sector. Experience investing in other consumer debt or commercial mortgages is a plus

  • Ability to self-direct, analyze, evaluate, form independent judgments, and screen new opportunities

  • Strong verbal and written communication skills with great attention to detail

  • Strong understanding of and experience with loan purchase agreements, credit agreements, and related documentation

  • Excellent team player with strong intellectual curiosity

  • Strong quantitative and financial modeling (assets and liabilities) skills. Proficiency or fluency in a coding language (Python, SAS, R, VBA) is a plus

  • Proficiency in INTEXcalc; proficiency in INTEX DealMaker is a plus

It is expected that the base annual salary for this New York-based position will be $175,000. 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.

About Blue Owl

Blue Owl is an insurance company that uses data and technology to provide personalized insurance products to its customers. The company offers auto, home, and renters insurance, and uses artificial intelligence to determine the best coverage options for each customer. Blue Owl was founded in 2020 and is headquartered in San Francisco, California.
Learn more about Blue Owl
Size
1,000 employees
Industry
Founded
2020
5 Year Trend
+50%
Revenue
$50 million
NASDAQ

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