Asset-Based Finance Structuring and Transaction Manager, Vice President

About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Elevate your career by joining the world's largest asset manager! Thrive in an environment that cultivates positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success.

BlackRock’s Fixed Income team manages more than $1 trillion in global fixed income assets across index, active long-only, alternative, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest array of investment choices across model-based and fundamental investment styles.

BlackRock’s Securitized Assets Team is seeking a Vice-President level candidate responsible for managing end-to-end Transaction Management on all aspects of ABF securitizations, loan acquisitions, financing transactions and other private placements and bespoke transactions. The Transaction Manager will work closely together with Portfolio Managers, Traders, internal/external legal teams, servicers, originators, sell-side partners, and others.

The ideal candidate will have significant experience executing private transactions across a variety of consumer, esoteric, and commercial asset-based sectors.

RESPONSIBILITIES:

• Manage all transactional aspects of the end-to-end process of negotiating, structuring and closing asset-based finance transactions

• Read, negotiate, and provide comments on Private Placement Memorandums (PPMs), term sheets, Loan Purchase Agreements (LPAs), Master Servicing Agreements and other governing documents.

• Ensure that all legal aspects of loan/bond closings are being handled properly and timely by internal and outside counsel. Analyze, track and explain changes in the deal docs to PMs and traders.

• Coordinate transaction due diligence, documentation & closing. Assist in settlement policies/procedures, documentation, and pricing reconciliations. 

• Review and respond to requests related to settlement and other issue resolutions.

• Create investment committee deal memos, presentations, and other related materials.

• Work with Portfolio Managers to present trades, provide trade updates and other topics to internal and external teams.

• Liaise with Legal, Accounting, Operations, Compliance and Risk departments on various transactions

• Perform other duties as assigned or requested

REQUIRED QUALIFICATIONS:

• Minimum of 7 years' work experience, preferably in investment banking, insurance, or asset management

• 3-5 years of relevant work experience in structuring and executing private transactions through full lifecycle

• Experience in cashflow modeling and structuring across multiple ABF sectors

• Superior and proven organizational skills in order to handle multiple complex transactions simultaneously

• Demonstrated ability to effectively communicate with both internal and external stakeholders, peers, and management

• Client focused and team player

• Problem-solving attitude

• Highly organized and attentive to detail

• Bachelor's degree

• Proficient in Word, PowerPoint, and Excel

PREFERRED QUALIFICATIONS:

• Experience across various ABF collateral types (commercial and consumer) - specifically structuring to achieve long-term capital efficiency for insurance clients

• Prior experience generating collateral performance assumptions, evaluating credit risk and negotiating deal terms

• Demonstrated ability to source, underwrite, document, and monitor transactions

• Master’s degree; Law degree a plus

• Experience with Intex and/or dv01

For New York, NY Only the salary range for this position is USD$155,000.00 - USD$210,000.00 . Additionally, employees are eligible for an annual disc